According to the Global Legal Department Benchmarking Survey 2021 Report by KPMG International, top priorities for legal professionals in the coming years are information extraction from documents (55%), document automation (54%), and data analytics (45%).
While it’s a well-known concept, what does “Legal Operations” imply? In essence, the word “legal operations” refers to internal legal procedures and activities that ought to operate professionally. However, it focuses primarily on making the legal department more effective for contemporary organizations in areas like financial management, service design, and analytics.
Every business has its own way of managing its workflow, and because no two businesses are alike, no two legal departments are either. The greatest in-house legal teams are those that are organized around the goals and corporate culture of their organizations as well as the laws that regulate their industry.
