Just like other departments and business units, reporting and analytics software make it easy for in-house legal teams to make the case with numbers and make data-driven decisions to proactively manage work, optimize the legal function, forecast future needs and ultimately showcase the value of legal to the rest of the organization.

Without technology, many legal teams and legal leaders struggle to generate insights and reports in an efficient way (as reported in the legal tech report). Legal technology gives teams an effective way to collect and structure data in a central repository. That data can then be used for more efficient reporting and analytics. Many technology vendors include reporting capabilities in their offerings, whether by default or as an additional paid module.

LawVu legal workspace surfaces key metrics on any work you manage in LawVu from matters, contracts and legal spend. Common use cases for LawVu reporting are:

• Understand the volume and types of work that your team is working on and where the work is driven from
• Prioritize work by track contracts statuses and key dates
• Identify trends to help you prioritize and manage workload, forecast resourcing needs and opportunities to automate work
• Track, measure and review team and outside counsel performance to optimize processes

Out-of-the-box reporting is included for free with your subscription. It includes ready-to-use visualizations that you can easily slice, dice and filter to get the insights you need and report on your work, fast. If you want advanced options to build bespoke dashboards, combine with other data or other uses such as integrating with AI and machine learning platforms, it can be added for a fee.

When you manage all your work in the LawVu legal workspace, you combine data from your matters, contracts and spend in a single system, providing a holistic view on all aspects of legal work. This provides deep context, is easier to generate reports and makes it easier to make data-informed decisions.