In today’s economy, departments in corporations across the globe are being forced to do more with less, while under increasing pressure to deliver greater value to their organizations. Legal departments are no exception. But what if there were significant opportunities for corporate counsel to increase the efficiency of their departments and better meet the legal needs of their organizations? Thomson Reuters recently completed an in-depth survey of more than 500 corporate attorneys and staff to better understand their perceptions of their work and where technology can be applied to improve efficiency. In short, the current workflow environment in corporate legal departments can be characterized as often being chaotic and lacking use of automated tools to improve productivity for critical tasks, including compliance, legal holds, complex transactions, calendaring, contract management and managing department workload.

Eric Laughlin, Managing Director of the Corporate Counsel segment within Thomson Reuters, addressed the results of this survey in an article recently published in Metropolitan Corporate Counsel magazine. Laughlin also mentions how Thomson Reuters plans to address customer pain points with two exciting product launches in 2013. By connecting existing products and building new connected products, the goal is to allow customers to become more efficient, more collaborative, more mobile, and more connected.

Please follow and like us:
Pin Share