The insurance industry has always been built on understanding risk. Today, however, the pace and complexity of change are reshaping how insurers operate and how their legal departments support the business. Artificial intelligence is changing underwriting and...
The global race to secure rare Earth minerals is accelerating. Demand for lithium, copper, nickel, cobalt, graphite, and rare Earth elements continues to surge as governments and corporations invest heavily in electric vehicles, battery storage systems, renewable...
Legal departments have more data than ever before. They track legal spend , matter volumes, outside counsel rates, cycle times, workloads and budgets. Many have invested in dashboards, benchmarking tools and reporting platforms that provide visibility into how...
In our previous article, we explored how legal benchmarking helps corporate law departments compare their performance, costs and outcomes against peer organizations. The next step is putting that data to work. Benchmarking is most valuable when it informs decisions...
Legal benchmarking enables corporate law departments to compare their performance, costs and outcomes against aggregated industry data to make more informed decisions. For legal operations professionals, benchmarking is not simply reporting, it is a structured...
Legal operations has never been more visible or more demanding. Budgets are tighter, expectations from the business are higher, and the tech stack seems to change regularly. For legal operations professionals in corporate law departments, “keeping the lights...
Outside counsel fees remain historically elevated, even as the pace of year-over-year increases has moderated. Legal operations teams are now operating in an environment where cost pressure is persistent, leadership scrutiny is high, and expectations for financial...
Many legal departments have invested time in standardizing processes, documenting guidelines and defining expectations. Yet even with these efforts, inconsistency often remains. Decisions vary by matter, by reviewer or by circumstance. Costs fluctuate unexpectedly...
Legal operations teams experience extreme pressure daily to manage complexity across matters, budgets, vendors, and expectations from leadership. In response, many departments have focused on standardizing processes, templates and guidelines. Yet, even with standardization...
2025 Was the Year Legal Operations Took Center Stage If 2024 was about defining the role of legal operations, 2025 was about proving its impact. Across the industry, law departments embraced data analytics, automation and integrated enterprise legal management...
For many legal operations leaders, year-end planning has become synonymous with last-minute strategy sessions and data scrambles. But forward-thinking departments are breaking that cycle. With LexisNexis® CounselLink® Strategic Services , legal teams can...
Editor's Note: For a thorough understanding of ELM software, review of Enterprise Legal Management for Corporate Law Departments and What Is ELM Software ? As a complement, review Contract Lifecycle Management Overview for Legal Departments . Legal Operations...
Introduction A modern law department depends on more than lawyers; it requires a functioning legal ecosystem . This interconnected network includes in-house counsel, legal operations teams, outside vendors, business leaders, and technology providers, all working...
Summary Every legal department is charged with enhancing value. It’s an esoteric thing, but highly doable with the right strategic services partnership. In this article, we explore the types of strategic services offered by LexisNexis® CounselLink®...
Summary In the law department, workflow defines efficiency, collaboration and productivity. Every task has an associated workflow with steps to accomplish the end result. How is a legal workflow defined, and what is a legal workflow designed to do? Beyond defining...