A changing role in changing times? Sophie Gould reports on how in-house lawyers are adopting & adapting advances in legal technology
- In-house teams need to have a clear understanding of the legal technology used by their law firms and how this benefits them.
- Legal technology offers huge opportunities, but they will only be realised by taking a transparent and collaborative approach.
- LexisNexis has identified five key principles for in-house legal teams.
The search for the ‘holy grail of legal tech’ offers the promise of profound change and regardless of the accuracy of industry predictions, we know that the debate has fueled greater scrutiny of the way in which legal services are provided. Indeed, when we talk to our customers, they tell us that the market for legal services has never been more competitive and consequently corporate lawyers are facing a challenging set of demands.
- First, there is a stronger need and expectation for alignment of legal teams with organisational strategy. Organisations see their in-house counsel less as a supporting business service and more as strategic managers of regulatory and legal
