"Corporate legal departments are under immense pressure to deliver more value with fewer resources. The expectation to 'do more with less' is a constant challenge, with many teams reporting a 20%-30% increase in workload over the past year without a proportional increase in staffing. The daily workload is vast, spanning critical areas such as contract lifecycle management (CLM), entity oversight, litigation, and compliance."
"Relying on disconnected point solutions or outdated manual systems like spreadsheets, shared drives and email inboxes creates significant information silos, escalates risk, and can lead to legal teams spending up to 40% of their time on non-strategic, administrative tasks, effectively turning the legal department into a bottleneck. A truly effective legal department needs a unified platform that provides a single source of truth for all legal matters."
Corporate legal departments face rising workloads of 20–30% without proportional staffing increases, creating pressure to do more with fewer resources. Daily responsibilities span CLM, entity oversight, litigation, and compliance, while disconnected point solutions and manual systems create silos and escalate risk. Legal teams can spend up to 40% of time on administrative, non-strategic tasks, turning departments into bottlenecks. A unified, AI-enhanced legal management platform provides a single source of truth across contracts, matters, and compliance, enabling global search, improved collaboration, and reduced administrative burden. Adopting an all-in-one hub consolidates functions, amplifies efficiency, and supports business growth.
Read at Above the Law
Unable to calculate read time
Collection
[
|
...
]