"The legal landscape has undergone significant changes in recent years, driven in large part by advancements in technology. For in-house counsel and external law firms, technology offers a powerful tool to streamline operations, increase efficiency, and, perhaps most importantly, enhance transparency. Legal technology, particularly contract management software and document automation tools, is enabling legal teams to break down silos, improve communication, and create more transparent processes that benefit both the legal team and the broader business."
"Transparency in legal operations has long been a challenge. In-house legal departments often operate with limited visibility into the work being done by external firms, and the communication between the two sides can be disjointed. External firms, on the other hand, may struggle to fully understand the business objectives behind a client's legal needs. This disconnect can result in inefficiencies, missed deadlines, and, in some cases, a lack of trust."
Advances in legal technology have transformed legal operations by streamlining workflows, increasing efficiency, and enhancing transparency. Contract management software and document automation tools enable legal teams to break down silos, improve communication, and create transparent processes that benefit legal departments and the broader business. Limited visibility and disjointed communication between in-house counsel and external firms create inefficiencies, missed deadlines, and erode trust. Increased transparency provides real-time insights into contract status, litigation, and legal matters, and clarifies client priorities, deadlines, and expectations. Legal tech bridges gaps by creating shared access to information and open channels of communication, fostering trust and alignment.
Read at Business Matters
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