Implementing Legal Technology and Making the Business Case

Does your legal team still use technology that is not designed for legal departments or law firms? A LawVu article discusses the importance of implementing legal technology the right way, by aligning it with your department’s needs. It also explores how presenting the business case to your organization is an integral component of the process.

Properly implemented, the right legal tools can dramatically optimize your team’s workflows and meet your department’s strategic business objectives. These tools enable legal teams to automate routine tasks, improve connectivity, and streamline interactions with other business areas. There are tools built for single use, tools designed for end-to-end workflow management, and tools that are a combination of both types.

Applications of legal technology tools include:

• Document management, a collective knowledge base for organizing and sharing information
• Enterprise legal management for managing multiple workflows
• Contract lifecycle management for automating and streamlining contract processes
• Matter management to centralize matter-related information and workflows
• E-billing and legal spend management for managing legal expenses using real-time data
• AI-powered tools for automating complex tasks

Successfully implementing legal technology requires careful planning, including identifying key challenges and opportunities, comparing solutions, and considering factors such as scalability, timeline, ease of use, and security. After the benefits, costs, and risks have been assessed, they need to be incorporated into a business case and presented to your organization. The business case should also include the potential return on investment based on projected productivity gains and cost savings.

Planning for legal technology that aligns with your department’s needs and presenting the business case to your organization are integral components of a successful implementation.