The workplace has undergone significant changes in recent years, companies have been forced to adapt in order to respond quickly and effectively; and this remains true for law firms and law departments. Although technology has the ability to boost productivity and efficiency, few of those benefits can be realized without having an agile workplace culture. The only way an agile culture has a chance to succeed is if the workplace culture empowers employees. In this session we will look at ways to create an agile culture such as:
It’s an often-heard adage – the legal industry is slow to embrace the technology advancements that surround it. However, technology is a force that cannot be ignored. This session will take a look at such things as:
ALSPs can come in all sizes and they are leveraging all different business models. Technology-enabled services allow ALSPs to provide higher value and take on different and more complex tasks. In this session we will discuss trends in the roles ALSPs are playing today, including:
03:25PM
Organizations that make data-driven decisions position themselves for long-term success. When managed effectively, quality contract data translates to contract analytics and can assist you in decreasing contract cycle times with more control, governance and transparency. If you have data integrity, the decisions contract data can help you make are limitless. In this session we will discuss how you can best utilize your contracts for better data-driven decision making and look at common decisions you can make such as:
In an effort to increase operational and financial efficiencies and enable General Counsel Chief Legal Officers, and Law Firm Practice Heads to return to their primary focus of practicing law, many companies have recently created legal operations roles. Their goals are to drive efficiencies in areas like knowledge management, budget oversight, vendor selection and management. In this session we will:
09:00AM
Come visit our virtual lobby and connect with fellow attendees. You can chat, video and even make a list of the people you want to meet and knowledge you’re looking to gain through our bespoke 1:1 meeting match-making services.
Chairperson’s Opening Remarks
Innovative organizations do more than just incorporate the latest and greatest technologies into their departments/companies. That is because innovation is more than just technology; it is a state of mind! This means legal departments and law firms must first examine their current processes and refine those processes and then look to see if technology can help create better efficiencies. In this session, we will:
This interactive session will share experiences and stories as to how your legal department, law firm and organization as a whole had to pivot due to the Coronavirus (CoVid-19) pandemic. We will talk about things as:
11:20AM
The disruption caused by the global pandemic of 2020 will have a far-reaching, long-term and structural impact across the legal industry. Yet, amid the changes to come, there will also be continuity, and even acceleration, in the ongoing transformation of the legal profession. Join Wolters Kluwer as we discuss and address trends, progress and challenges across the legal profession and share the findings of our 2020 Future Ready Lawyer Survey.
Victoria Hudgins | Reporter | Legaltech News
Martin O’Malley | Executive Vice President and Managing Director | Wolters Kluwer Legal & Regulatory
Dean Sonderegger | Head of Legal & Regulatory, U.S. | Wolters Kluwer
12:05PM
Collaboration isn’t just a buzzword; it is a business necessity. As the legal, business, technological, and regulatory environment continues to rapidly change , lawyers need to specialize just as fast in order to stay at the cutting-edge of knowledge in their domain. This collaboration must happen not only throughout internal departments, but with in-house and external counsel as well. In this session we will:
This session will examine examples and an award winning case study involving legal departments’ and law firms’ use of process improvement and project management to collaborate. The results showcase metrics and outcomes that demonstrate the effectiveness of the frameworks and tools used by the Legal Lean Sigma Institute’s work. Find out how teams of cross-functional, cross-organizational teams of legal and business professionals work together to identify immediate improvements and develop more efficient and effective processes that benefit everyone.
Catherine Alman MacDonagh, JD | CEO and Founder | Legal Lean Sigma Institute LLC
Audrey Rubin | Faculty and Consultant | Legal Lean Sigma Institute LLC
02:45PM
It is important to recognize that, overall, the industry has an effectiveness problem. The escalation in threat activity and the talents shortage in the industry has created a situation where, despite lots of products and cybersecurity spend, we aren’t getting better protection. To put a finer point on it, there are over 3,000 vendors selling products in the industry. The total spend last year was $120B+ and even with all of that there we almost 4,000 breaches — a 96% increase over the previous year. The key takeaway from these breaches is that they are NOT product failures. They are operational failures. To prevent these kinds of breaches from happening again in the future, we believe, the industry needs to adopt a new approach – an operational approach – to cybersecurity.
Jeff Miller | Channel Account Manager and Cybersecurity Evangelist |Arctic Wolf Networks
Today’s customers are better informed, better connected and more demanding than ever before. Customer expectations and demands are creating critical challenges, as well as opportunities for employees across sales, services, support and product functions but also legal functions. Gathering and analyzing data is of the utmost importance for all areas of an organization. In this session we will be:
The word “transformation” gets thrown around a lot these days, but it can have different meanings for different individuals, departments and companies. As we are now in a world of unprecedented disruption and market turbulence, transformation today revolves around the need to generate new value, to unlock new opportunities, to drive new growth, and to deliver new efficiencies. The changes facing the legal profession present a clear and present threat to its continued prosperity. And law firms and corporate legal departments that do not learn to manage and move with changes successfully will see themselves facing serious consequences. In this session, we will discuss such things as:
09:30AM
Come visit our virtual lobby and connect with fellow attendees. You can chat, video and even make a list of the people you want to meet and knowledge you’re looking to gain through our bespoke 1:1 meeting match-making services.
Chairperson’s Opening Remarks
Law and technology have not always been “close friends”. But in order to stay relevant and viable, law firms have no choice to embrace technology. And in-house attorneys need to be looking at technologies that can eradicate legal “bottle-necks” for their companies and find ways to move processes in-house rather than to law firms. So despite the fact that many can agree that there are time and cost efficiencies that can be realized through innovative technologies; why are lawyers slow to adopt new technologies? In this session, we will discuss potential barriers to technology adoption throughout legal such as:
As the corporate legal function responds to increasing pressure to innovate while simultaneously cutting costs, many will turn to the development of a technology roadmap. The focus typically involves evaluating various applications to support contracting, legal matter management, document management, among others. However, these efforts are often undertaken in the absence of a broader, intentional legal data architecture strategy. Likened to the familiar concept of “putting one’s cart before the horse”, the lack of a data strategy will almost always translate into sub-optimal results for law departments and their clients.
You may have heard about data lakes and streams, but your experience may be limited to tipping your toes in small ponds, perhaps seasonal wetlands. Join us as we consider how consistent, aligned taxonomies and ontologies can help you transform multiple applications into a more seamless legal technology ecosystem that will simplify adoption, improve communication across stakeholder groups, and deliver actionable reporting.
Alexandra Prophete, Senior Manager, EY Law – Legal Function Consulting
Nii-Amar Amamoo, Senior Manager, EY Law – Legal Managed Services
General Counsel and in-house legal departments are demanding transparency, responsiveness, cost-sensitivity, flexible billing, value-added content and more from their external counsel, yet how do they know if they are getting everything that they want and need? In a huge global industry like legal services, it is remarkable that it is devoid of quality metrics; and it is even more ironic that lawyers substitute assumption for evidence when it comes to judging law firm quality. In this session, we will discuss such things as:
12:10PM
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