Legal operations professionals have a lot on their minds this year. From the overall economic uncertainty to new data privacy regulations to the effect of artificial intelligence applications like ChatGPT on business, there is a lot for in-house legal teams to manage, and that is just scratching the surface.

To learn more about the trending topics in legal operations for 2023, we asked professionals across the spectrum to share their Legal Ops New Year’s Resolutions with us. The responses covered a wide variety of topics, but there were some common themes: reducing legal spend, utilizing technology to improve efficiency and workflows and creating better processes around legal functions are important goals for many in the industry.

If you’re interested in what legal operations professionals are looking to accomplish in 2023, here are some highlights from the conversation.

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In Contract Management – it’s ALWAYS draft day.

Discover better Contract Drafting and creation with Contract Drafting Software tools within Contract Management Software.

 

READ HERE: https://www.cobblestonesoftware.com/blog/contract-drafting-made-easy-with-contract-management-software

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In today’s fast-paced, highly competitive landscape, successful business strategies are those that are efficient by nature. Automated document redaction software is just one tool organizations can use to make the cut, and offer numerous benefits over the conventional way of doing things. This article will explain the importance of redaction in detail, the challenges usually associated with the process, and how digital tools can solve them.

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A legal marketplace has many advantages for buyers in need of legal services. Think of it as a platform like Zillow: You can put in a variety of criteria to perform a search, and then analyze the results and find exactly what fits your needs, whether that is a certain price, location, type of transaction or almost any other data point you would want to use. Companies searching for legal services on Priori Marketplace can find lawyers on our network to handle almost any kind of project. The most common needs fall into four main categories:

  1. Project based support, whether niche expertise, local counsel or simply searching for cost-effective alternatives

  2. Overflow support for high-volume company work (commercial contracts, NDAs, healthcare agreements, employment matters, marketing and advertising, data privacy and security, etc.)

  3. Staffing support, including secondments

  4. Supporting outside counsel diversity and inclusion initiatives

If your legal department is looking to hire outside counsel, you might be wondering what finding a provider on a legal marketplace looks like, and what the advantages are compared to your other options. Using a legal marketplace is as easy as performing a search. Learn how it works in this article.

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The Challenge

Deploying a server-based document viewing solution like PrizmDoc is a fantastic way to view, annotate, redact, and compare multiple file types within your application. When your customers need to access and manage several files or large documents, those viewing requirements can put a lot of pressure on your server. Utilizing more server resources not only increases your operational costs, but also impacts viewing performance for customers as the server works to process the file and deliver rendered versions to their device.

The Solution

Accusoft’s PrizmDoc now features a versatile Hybrid Viewing feature that offloads document viewing capabilities to the end user’s device, which conserves valuable server resources and significantly improves viewing performance. By reducing the majority of processing work, as well as ongoing page views as the user scrolls through the document, to local devices and minimally accessing the server for initial document preparation, the Hybrid Viewing feature significantly reduces server requirements and allows users to access and view documents faster. This new feature is for the viewing of PDF files. For files not already in PDF format users can take advantage of the new viewing package which converts any file format to PDF. This helps to dramatically reduce resource-intensive rendering work that frequently impacts viewing performance, and the experience has the same responsiveness as if the user is viewing documents in a local application.

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Toronto, ON – March 9, 2023 – PaayaTech, Inc., the legal technology company, has announced new feature upgrades to CorpSync, their software product that pushes and synchronizes corporate contacts (Address book) to mobile devices and MS Outlook.

The new release of the CorpSync Cloud mobile app is now available on iOS and Android stores. Some features of the new Mobile App are:

  • Call Identification (Caller ID) on the iOS app.
  • Performance improvement by loading contacts on demand.
  • Enhanced filter and search capability to find contacts.
  • Sending bulk emails or SMS to your contact list.

The Call Identification for iOS allows users to recognize incoming calls from colleagues regardless of whether they have that contact in their phone or not. Subscribers can be set up via the CorpSync portal.

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Join us @LegalweekShow Booth 1413

Do You Need to Engage with a Managed Service Provider

Info-graphic

An IT managed services provider (MSP) can help your organization access a highly skilled and dedicated IT team without it being an in-house resource. They can effectively manage your infrastructure and cloud demand and ensure your other crucial IT infrastructure runs smoothly. Although many companies prefer initially to take care by themselves of their IT environment, with the growth of the business, the complexity is increasing rapidly and you either need to recruit more IT people or outsource part of the activities externally.

The salaries for infrastructure managers and cloud experts in the USA are starting from $154,728 per year according to Indeed.com. These costs increase with all the additional spending on recruitment agencies and headhunters. So in reality maintaining a vast IT team internally may consume a significant budget and still does not guarantee that everything will run smoothly and with no downtime.

Engaging with an experienced managed service provider can help you solve some of the toughest IT challenges:

  • Increased complexity
  • Demand for better availability and security
  • Avoiding vendor lock-in
  • Paying thousands of USD for licenses
  • Staying compliant

In this info-graphic, the team of CloudScale365, Inc. is helping you to find out whether it is the right time to engage with an MSP. Answer a few simple questions and find out!

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Wondering how innovative companies are using legal marketplaces to achieve their outside counsel goals? Our latest blog post takes a deep dive into Anchorage Digital’s use of Priori to find the right outside counsel and manage their legal spend. Check it out on the Priori blog.

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Contract Manager, are you considering Contract Management Software?

Then it’s time to whip out your binos and be on the lookout for these 7 must-have Contract Management features!

Get your free whitepaper here: https://www.cobblestonesoftware.com/7-contract-mangement-software-features

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For many legal departments, the outside counsel selection process still relies exclusively on word of mouth referrals. In fact, 47.4% of legal operations professionals say they have no formal process for hiring outside counsel, according to The Blickstein Group’s 15th Annual Law Department Operations (LDO) Survey Report. The report comments that “the methods used to engage outside counsel remain rooted in the past,” which is “extremely problematic.”

It makes sense that many attorneys aren’t taking advantage of outside counsel data and technology-driven procurement processes—the old saying “if it isn’t broken, don’t fix it” still rings true for many people. However, legal departments that are pursuing these avenues are often able to achieve ambitious cost-savings, time-savings and diversity goals. Priori’s Marketplace and Scout platforms offer ways to leverage data and technology to make the outside counsel hiring process seamless.

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