The journey from Delegation of Authority (DOA) to Contract Lifecycle Management System (CLM) is about marrying effective governance with technological solutions. By doing so, organizations can ensure not only a swift and reliable contract approval process but also adaptability to changing requirements over time.
The ACC Records Management Program Maturity model provides a detailed maturity model for all aspects of an organization’s records program.
It seeks to gauge program effectiveness across a variety of program elements, taking a “big picture” view to increase program value.
While low-code and no-code workflow automation technology solutions are not new, 2023 has brought a distinct shift in legal departments embracing workflow automation. Hyperion Research, an Epiq Company, undertook a benchmarking study revealing that 71% of respondents planned to invest in a workflow automation (WFA) tool in the next 12-18 months either as a first-time investment or to replace an existing WFA tool. Read more here.
In today's complex business landscape, collaboration between in-house legal departments and external counsel is crucial. Law firms are an extension of a legal team and provide substantive expertise unavailable on the team and support on high-volume, high-risk matters requiring additional expertise. Read this article for key strategies that can help corporate in-house legal departments develop robust partnerships with their external counsel.
This ACC Guide, sponsored by Blank Rome LLP, provides in-house counsel with an overview of commercial insurance issues that may arise in the United States.
Legal Operations professionals know that a significant key to their success is rooted in stakeholder buy-in. Conference after conference, seminar after seminar, we speak *around* what it means to be in-house legal connected to the broader enterprise. We avoid topical change management and stakeholder engagement but never truly get to the underlying subject that takes this from influencer jargon theory to actionable tactics. We cannot all rely solely on our dynamic personalities and winning smiles to woo our coworkers: How do we turn the abstract of interpersonal influence into a real, functional relationship that benefits all involved? Read this article to find out.
Contract Lifecycle Management (CLM) is often caught in cross-functional turf wars. Consequently, many find that the system in place is not the hoped-for “silver bullet,” especially as unmet requirements surface across the organization. Moreover, the benefits documented in the CLM business case may always seem just beyond reach, especially as phased roll-outs stall amidst frustration and disappointment that what was pitched by the vendor turned out to be more difficult to actualize than it seemed.
In the July issue of the ACC Observer, David Cambria shared his unique and broad perspective on legal operations' current trajectory. This column focuses on Cambria's career experience, which makes his insights worth contemplating.
An Interview with David Cambria
Legal Ops’ OG Maverick has an eye on the bright future of the industry
For legal professionals, caution and conservatism are often vital in fulfilling their job responsibilities. Discretion and thoroughness are required to protect clients’ best interests. So it’s no wonder that many in the legal field are hesitant to adopt new, untested technologies. Even with potential benefits on the horizon, the risk of using tools that haven't been fully vetted can be enough to slow down innovation. Read more here.