Managing Legal Departments’ Priorities: Insights & Tools for Success

In the current economic climate, today’s law department faces no small number of challenges. The annual State of the Corporate Law Department Report from Thomson Reuters has seen a shift in Legal Department priorities over the last few years, with compliance & regulatory requirements rising to the top, followed closely by risk management, data privacy & cost control. What’s more - 65% of corporate law departments are experiencing increasing matter volumes, while 59% are dealing with flat if not decreasing budgets. In an environment where you’re constantly being asked to do more with less, how do you prioritize while also driving the greatest value for your organization?

It’s hard to know how to best manage and what tools are available to help lighten the load. Join us for an interactive discussion to learn about:
•    Data driven insights around the shifting key challenges law departments are facing across the country
•    How AI and Large Language Models (LLMs) could impact the legal industry and benefit corporate legal departments
•    Roundtable discussion with your peers on actionable best practices including, how to shift outside counsel spend to realize cost savings while not sacrificing quality, how to sustainably bring more work in-house, and how to partner legal with legal ops to measure and track the value of efficiency changes.
•    Report out from roundtable discussion & consensus on best practices for real world use