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Just about every firm today is looking to increase efficiency and productivity. Yet many organizations aren’t sure where to begin.
The answer is simple: Focus on legal operations. This strategy can supercharge your efforts and lead to stronger outcomes and greater profits.
Read on to learn all about why legal operations is important and the benefits they offers to firms like yours.
What Is Legal Operations?
First, it’s important to realize that legal operations is a bit different from traditional legal administration. While legal administration focuses on tasks like researching and creating documents, legal operations focuses on providing in-house support across a variety of disciplines.
Though you might be unfamiliar with it, the term “legal operations” isn’t new. In fact, it stretches back to the pre-internet era. While early legal operations focused primarily on risk management and reducing costs, today it largely centers around adding strategic business value and innovating and improving processes.
With this in mind, legal ops is an evolving field, and companies are constantly finding new ways to use it to streamline operations.
What Are the Benefits of Optimizing Legal Operations?
The idea of optimizing legal operations may seem counterproductive, especially for busy and understaffed legal departments. But taking the time to overhaul your legal operations strategy and integrate best practices can lead to a range of benefits.
These 12 pillars apply to multiple environments within an organization and aim to help companies achieve a state of overall operational excellence. Here’s a breakdown of each component.
Team Venio
