Why Legal Ops is the Secret Ingredient for Success
06 Nov, 20245 minutesIs it time we stop seeing legal operation roles as a ‘nice-to-have’ and start recognising it as a must?
Legal ops roles can be the secret ingredient behind high-performing in-house legal teams, and it’s no surprise why. Once overlooked, this position has skyrocketed in popularity because they are masters of efficiency. 🚀
The best legal ops streamline workflows, introduce cost-effective tech and fine-tune processes that let legal teams focus on what matters most – the law.
Gone are the days when legal ops were restricted to just managing contracts or handling the odd project. Today, they are reshaping entire departments. Think budget management, implementing new technology, data analytics and outside counsel relationships – all designed to save time and money.
According to Deloitte’s 2023 Legal Operations Survey, 77% of in-house teams now have a dedicated legal ops function and half of in-house teams now have a long-term tech strategy in place. With these roles, companies report seeing faster turnaround times, and that means better bottom lines. 📈
How is legal ops shaping your team’s strategy?