News and Articles
News & Articles
Read on to learn why and how introducing simple and practical AI-powered contract management tools into your legal function can unlock efficiency wins and better outcomes for your business – without unnecessary complexity, cost, or risk.
Read on to learn why unleashing the power of legal contract lifecycle data should be an essential strategic step, not only for your in-house legal function but also for your wider business – and the five most useful contract metrics to start you on your journey.
We’ve made significant improvements to our AI contract data extraction functionality by introducing new, safe, secure, and reliable AI capabilities into LawVu’s legal workspace, we’re helping legal teams save valuable time throughout the contract lifecycle, decreasing cycle times and enabling critical efficiencies for those who work with contracts.
Whether your big wins include leading a successful negotiation for a big transaction, influencing a major strategic decision, or simply showing the ways in which other departments are benefiting from improvements to the way that you deliver advice, NPS allows you to showcase your team’s strengths, and celebrate continual improvements which occur over time.
We’re working in a world where legal matter management tools aren’t an option for legal functions, they’re a must. And that’s a problem if you’re either struggling to convey the value of a matter management software or the options available don’t stack up to the...
Five ways to save time and deliver more value to the business with effective legal matter management
We’ve compiled a list of the ways your matter management approach could be creating inefficiencies and how to overcome them, so your legal function can fast-track saving time and delivering more value to the business.
Here’s a hint, when done right, there’s a strong case for one being far more effective and valuable to an in-house legal function than the other.
Just like any other business function, it’s likely that you’ll have to prepare a business case to help influence stakeholders on why the tech you’ve chosen is the best option and, ultimately, to get sign-off for the investment. So, to help get you started, we’ve created a free downloadable business case template along with a handy blueprint to guide you through building a business case in six easy steps.
LawVu’s out-of-box reporting and dashboard features now make it even easier for legal teams to access rich and actionable insights across all the work they do, including contracts, matters and spend management, enabling data-informed decision-making and the ability to effectively showcase the value of legal to the rest of the organization.
It all begins by determining what data and metrics are best aligned with higher business objectives, and this varies depending on the type of organization or legal function you’re in and how easily you can surface the data needed.
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