2024-02-08 19:28
Under the pressure of tight budgets, cost control is a top priority for in-house legal teams. Here are three easy ways to cut your legal spend down to size.
In the face of an uncertain econ… Read More
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The Fundamentals Of Contract Management Blog
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Tags:
legal
contract
legal spend
spend
management
lawvu
connected legal function
contract management
accelerate business outcomes
contract lifecycle management
If you are wondering what contract management is, how it works and what effective contract management can do for you. Here is a detailed information regarding contract management and related entities.
2024-01-31 02:24
With cost control a top priority for in-house legal teams in 2024, there’s never been a better time to start taking control of your balance sheet. Read on to learn the basics of legal… Read More
2023-12-19 22:32
Contracts are not just central to the in-house legal function – they are the backbone of your business. From cost efficiency to risk management, you can tell a lot about an organizatio… Read More
2023-12-11 19:10
The past 12 months have been exciting yet challenging. From the widespread influence of AI to the global financial crisis, everyone is trying to do more with less. And legal teams have felt… Read More
2023-12-08 04:14
It’s no secret that efficiency is key to a strong in-house legal function. However, with more than half of corporate legal departments perceived as roadblocks which slow businesses dow… Read More
2023-12-06 03:55
There’s an untapped goldmine of legal data, metrics and insights sitting just below the surface of your daily legal work – contract lifecycle data.
Contract lifecycle management… Read More
2023-11-17 04:40
According to Gartner, 90 percent of legal teams are concerned that their operations slow down the functioning of their wider organizations. With legal departments under growing pressure to d… Read More
2023-11-06 21:40
Visibility is a key component of a truly connected legal function. For in-house legal teams to justify resourcing, engage in high-level decision making, and feel fulfilled in their roles, do… Read More
2023-10-19 03:20
We’re working in a world where legal matter management tools aren’t an option for legal functions, they’re a must. And that’s a problem if you’re either struggl… Read More
Five Ways To Save Time And Deliver More Value To The Business With Effective Legal Matter Management
2023-10-03 00:38
The value of legal is driven by its ability to support the day-to-day running of the business while being a strategic business partner and enabler. But to achieve this, your legal function n… Read More
2023-10-02 04:16
When it comes to legal matter management and case management software, confusion often arises as the two are spoken about synonymously. Which may make you wonder if there is a difference, an… Read More
2023-09-27 20:38
If you’re reading this, there’s every chance you’ve experienced pain points in your legal operations, and perhaps you’ve even begun identifying the right legal tech s… Read More
2023-09-12 22:57
Whether it’s to optimize processes, reduce costs, minimize risk or to improve overall productivity, legal teams are faced with increased pressure to make data-informed decisions.
LawVu… Read More
2023-09-03 23:51
Aside from supporting the day-to-day running of the business – turning around contracts and providing advice as requests come in – the purpose of an in-house legal function is to… Read More
2023-08-16 03:47
A legal function is essential to most organizations. Without it, many would lack the certainty to act at pace, or with a complete understanding of the potential risks they could be taking.
S… Read More
2023-08-15 21:04
Tauranga, New Zealand, 16 August 2023 – LawVu, the category defining legal workspace for in-house legal teams around the globe, today announced it has been positioned as a Major Player… Read More
2023-08-08 05:07
A new report says Australia’s professional and financial services sector could unlock billions of dollars in value by 2030 if it accelerates the responsible adoption of gene… Read More
2023-08-07 04:41
The 2023 In-house Legal Technology Report reveals that a mere 18 percent of respondents use the full functionality of their e-billing system and only 55 percent use the full functionality of… Read More
2023-08-07 04:06
As an in-house legal professional, approving documents is an important part of your day-to-day work.
However, it’s likely that you’re manually approving the same documents day in… Read More
2023-08-04 00:24
To most business functions, data has always been an integral force, backing decision-making and identifying successes and learnings. This isn’t necessarily the case for in-house legal… Read More
2023-08-04 00:04
Getting your Requests for Proposals (RFPs) for legal services in good shape ensures your legal function is on the front foot when engaging and managing relationships with outside counsel and… Read More
2023-07-25 03:20
Recent research has shown it’s now more important than ever for legal teams to manage both their internal and outsourced legal work effectively.
The 2023 State of the Corporate Legal D… Read More
2023-07-25 03:09
Working with outside counsel and legal service providers is an important aspect of your work, as is handling the associated invoices. But they can be slow and painful processes.
To get the m… Read More
2023-07-25 03:01
When it comes to managing outsourced legal work and the associated spend and invoices, in-house legal teams take varying approaches. Inevitably, some are more efficient and deliver better ou… Read More
2023-07-25 02:54
You may have heard the words ‘single source of truth’ thrown around, especially if you’ve been on LinkedIn recently. And you might even be wondering what the phrase means… Read More
2023-07-23 21:13
Integrating with tools and systems that businesses use daily is critical to achieving a streamlined flow of information and is key to efficiently managing your source of record. For many Law… Read More
2023-06-19 12:00
In the following article, we explain 10 legal department metrics high-performing in-house teams are tracking and how they may help your team be more productive, as well as showcase to the wi… Read More
2023-06-15 11:01
Metrics are an essential tool for in-house legal teams, bringing data into the decision-making process. So how can metrics transform your team’s legal ops strategy and showcase legal&r&hell…Read More
2023-05-15 11:59
LawVu, the category-defining legal workspace for in-house legal teams, today announced the addition of several new AI enhancements to their legal workspace.
These new feature releases come a… Read More
2023-05-01 23:24
Good legal technology needs to solve your problems to be valuable. That’s why we built LawVu – because we recognized the need for a new kind of product that solves your problems… Read More
2023-04-20 22:52
Legal waste is the antithesis of a legal function in harmony. It is one of the most common symptoms of disconnection and it can render even the most impactful in-house counsel sluggish and j… Read More
2023-03-06 02:43
As an in-house legal professional, your ‘client’ is the business, so it’s vital the service you deliver meets its needs in a timely manner. Yet there’s a proportion o… Read More
2023-01-27 00:47
Document management may not sound like the most exciting topic — but there are advantages to finding what you’re looking for when you need it!
Searching through different systems… Read More
2023-01-20 21:02
Do you ever wonder if there’s a way to take care of some of your legal tasks so you have time for higher-value and more strategic work — the type of work you moved in-house to do… Read More
2023-01-20 02:08
Do you have steps in place to capture the legal knowledge — aka legal capital — that exists in your legal department?
Building your legal capital is a key component to optimizing… Read More
2023-01-09 00:20
As the volume and complexity of legal work continue to impact the day-to-day workflows of in-house legal teams, legal project management offers a way to ensure the effective and efficient de… Read More
2022-12-27 22:59
The Connected Legal Certification offers a new — and fun — way for you to gain the skills you need to be more productive, engaged, and impactful while gaining professional develo… Read More
2022-12-20 00:43
The role of a contract lifecycle management (CLM) solution is to save time, reduce risk, and remove bottlenecks for both the in-house legal department and the wider business.
By nature, comm… Read More
2022-11-28 01:52
Inflation in the US is the highest it has been in four decades, but a recent study by Zuva found that only 13 percent of contracts reviewed included an inflation adjustment clause. This sign… Read More
2022-11-16 20:29
Your legal team deals with a ton of legal work from all corners of the business, so it’s imperative to have an intake process that improves service delivery and connection between lega… Read More
2022-11-14 00:35
Integrations with the tools in-house legal teams use every day are essential for a legal workspace. When you don’t have to navigate between systems or duplicate data entry, you save va… Read More
2022-10-31 02:09
For busy in-house legal teams with growing workloads and increasing demand to do more with less, a single source of truth and a unified, centralized workspace saves valuable time with fast a… Read More
2022-10-19 21:32
Working in local government means the constant balancing of resources in order to provide an exceptional service to your organization, stakeholders, and the wider community.
Having the right… Read More
2022-10-13 02:16
The Great Recession of 2008 had a significant impact on the legal industry with reduced budgets and headcounts, and increased business and legal complexity.
Thanks to this past experience, t… Read More
2022-10-12 22:44
How in-house teams can leverage LawVu to improve due diligence and successfully close more M&A deals
Recently, most of the AmLaw 100 have begun using artificial intelligence (AI) powered… Read More
2022-09-28 00:29
Four steps to implementing the LawVu legal workspace
At LawVu, we’re cognizant that most teams implementing legal technology are doing so alongside an already busy day job.
This is why… Read More
2022-09-27 00:19
With LawVu’s Business Portal as part of the legal workspace, the wider business can create legal requests, generate and manage contracts, and quickly get answers to common legal questi… Read More
2022-09-21 01:18
LawVu, the category defining legal workspace for in-house legal teams, today announced the official launch of its new configurable business portal. The advanced offering enhances e… Read More
2022-09-21 01:09
Sydney, Australia – September 21, 2022: Leading no-code service automation platform, Checkbox, has officially released an integration with LawVu, a legal workspace for in-house legal… Read More
2022-09-13 20:59
Use LawVu to get your house in order before approaching investors for capital
Venture capitalists have been eager investors in enterprise technology startups, but the market is slowing, and… Read More
2022-09-07 23:34
Integrations with much-loved enterprise tools are crucial for getting the most value from your legal technology solutions.
As in-house legal teams continue to deal with increasing workloads… Read More
2022-08-30 23:25
Save time and make business collaboration even easier.
In-house legal teams use a legal workspace as their central source of truth, yet there are many other tools that the business is alread… Read More
2022-08-18 00:39
During uncertain economic conditions, building resilience, optimizing efficiency, and increasing productivity become even more of a necessity.
It’s also more important than ever for in… Read More
2022-08-08 02:11
Preparing for a possible recession is no easy feat. The uncertainty puts further pressure on already stretched resources, and it can be a time that truly emulates the ‘do more with les… Read More
2022-07-05 03:04
At LawVu, our mission is to drive better business outcomes by providing the world’s leading and most-loved platform for in-house legal teams. One of the ways we do this is by investing… Read More
2022-06-09 23:22
For the first time, in-house legal teams have a playbook that outlines a new framework — the Connected Legal Function — and provides insights, tools, and quick wins to put into a… Read More
2022-05-31 21:23
Oslo, Norway – May 31, 2022 – PSA Consulting today announced that they are partnering with Legal Tech specialists LawVu to empower in-house legal teams across the Nordics.
LawVu… Read More
2022-05-25 22:56
Tauranga-based legal software startup LawVu will join Prime Minister Jacinda Ardern for a Seattle meeting with Microsoft president Brad Smith and other executives at the tech giant. A total… Read More
2022-05-24 02:13
As an in-house lawyer or legal professional, you know that your work has an impact on the business. But does the business know the value of that impact?
It’s only natural that business… Read More
2022-05-12 03:46
Switching between multiple software solutions, time-consuming manual day-to-day tasks, and inefficient systems for managing workloads are all challenges facing in-house legal teams, reducing… Read More
2022-05-12 03:13
As an in-house lawyer, your role involves navigating the present, while also keeping an eye on what’s on the horizon for your team and the wider business. Managing the business-as-usua… Read More
2022-04-25 21:30
When you think about your in-house legal team’s relationship with other business departments, how would you describe it? Do words such as ‘collaborative’ and ‘healthy… Read More
2022-04-21 00:54
What does being productive mean to you? Often when we imagine what ‘productive’ looks like for the in-house legal team there are two scenarios.
The first is a team working hard… Read More
2022-04-11 22:12
LawVu, a collaboration software company for in-house legal teams, has raised $NZ20 million ($USD13.5 million) on the back of another year of 100 per cent-plus revenue growth.
The business, w… Read More
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