Five steps to effective legal contract management from Sysero

Legal contract management – which refers to the processes that law firms use to manage the negotiation, execution and termination of contracts – is one of the most crucial activities of any successful business arrangement.

Stridon: How to ensure business continuity in lockdown

We interviewed Stridon’s Customer Success Manager – Nick King about the impact ‘lockdown’ had on our clients’ ability to continue running their businesses in the days following the Government announcement to ‘Stay at Home’.

LPM LITL 2021 partner comment: Productivity power by Netdocuments

LPM’s Legal IT Landscapes research in 2021 suggests that, in spite of disruption caused by Covid-19, law firms believe productivity has, in fact, increased. This coincided with accelerated migration to the cloud, as law firms have been quick to react and respond to the pandemic, realising the value the cloud can bring to greater efficiency.

Briefing LITL 2021 partner comment: Investing for the future – People, process and technology, by Thomson Reuters

With “other firms like mine” seen as the dominant competitive threat this year, firms must differentiate to achieve both revenue growth and improved profitability.

Briefing LITL 2021 partner comment: Investing for the future – Changing drivers in 2021, by LexisNexis

This report makes it transparently clear that technology transformation is number one on everyone’s agenda for 2021. This isn’t a significant deviation from prior years.

Briefing LITL 2021 partner comment: Investing for the future – Price rising as priority, by Intapp

It is interesting that some responses here have shown that pricing and profitability is considered a high priority for firms over the next 18–24 months. This tallies with our own experiences when talking to law firms: a focus on key client programmes and ensuring that the work they deliver is profitable.

LPM LITL 2021 partner comment: Perfect partnerships, by Access Legal

People management hasn’t traditionally taken centre stage in SME law firms, but this report suggests attitudes are shifting. Asked an open-ended question about where they’d spend their LPM-gifted £100k, respondents pointed to areas such as learning and development, recruitment, resourcing, collaboration and performance management.

Briefing LITL 2021 partner comment: Investing for the future – More power to productivity in 2021 by Netdocuments

The Briefing Frontiers 2021 Legal IT Landscapes report’s findings suggests that, in spite of disruption caused by Covid-19, productivity has in fact increased. This is coinciding with accelerated migration to the cloud, as law firms have been quick to react and respond to the pandemic, realising the value the cloud can bring to drive greater efficiency.

Intelligent Office: A year of change

Sam Nicholls, head of business development at Intelligent Office, says firms should seize the opportunity to embrace more business change in 2021, but consider the best model with care.

Symphony – APS: The linchpin to growth

It was an absolute pleasure to be at this year’s LPM South, catching up with acquaintances and meeting new contacts. In our presentation, we shared our data-driven insights.