Ebooks

The high-growth, tech-powered and cross-border environment of the SaaS industry creates a minefield of legal complexities. As a result, the legal function of a SaaS company has a critical role to play in business success. Not only do legal departments protect the business from harm’s way, but in-house professionals are increasingly adopting a strategic advisory role to spot opportunities and better prepare for scale. That said, despite significant investment across the business, the legal department tends to remain lean, with disproportionately low growth in headcount.

Lawyers have been thinking about how to become more efficient for a long time now. Having been forced to adopt and accelerate digitization during the pandemic, even those who were previously skeptical are now more confident and eager to continue driving efficiencies. Having become more comfortable with change, legal departments are now ready to build on the momentum of digitization to boost efficiency.

You have found the contract management solution of your dreams but are still struggling to get a budget? It's perfectly normal! As a lawyer we are not necessarily used to selling a solution internally, calculating a ROI or adopting a project manager's stance. Don't panic, this guide is here to help you!

82%. According to EY, this is the share of companies planning to reduce the cost of the legal department by 2021, while at the same time 87% of them have seen an increase in their legal needs over the last five years. In this context, technology represents a real opportunity. The legal and financial risks caused by manual contract management are no longer compatible with the rationalisation needs of companies.

Over the last few years, the workload of in-house legal professionals has been soaring. Faced with this heavy workload, legal departments have no choice but to transform the way they work if they are to keep pace with the growth of other departments and not slow down the business. So, how do you achieve successful legal transformation?