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As corporations and law firms alike experience unprecedented financial pressure, delivering tangible cost and time savings as part of a broader modernization of litigation portfolio management will be key to responding to these pressures

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Less-than-desirable contracting processes can leave legal professionals with contract workflow inefficiencies, a lack of contract visibility, mismanaged document version control, clause inconsistency, negotiation bottlenecks, and missed key dates and renewals.

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The regulations around drug screening have changed again, and all leaders must fully understand the ramifications and adjustments they need to make to remain compliant.

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95% of lawyers are grappling with a surge in the volume and complexity of legal work, according to a recent survey conducted by Axiom and Wakefield Research. Budget and resource pressure make traditional law firms less viable and law firms often lack the in-house insights necessary to deliver top-tier support. On the other hand, hiring full-time legal professionals typically takes six months, an impractical timeline when immediate support is needed.

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Regardless of the growing needs of litigation teams, safeguarding against evidence spoliation ahead of litigations, audits, or investigations continues to be the top priority. That’s why it's important for legal teams to be prepared with a future-proof legal hold process for placing a legal hold on their company’s standard disposition or processing of records.

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Many companies believe they are prepared and ready to manage sensitive issues involving fraud or an internal and/or government investigation if they were to arise. But what does it mean to be prepared? Can you act swiftly to mitigate risk and minimize disruption while also effectively coordinating with key stakeholders such as C-suite executives and outside counsel?