Evisort Webinar: Aligning Legal Operations, Technology, and Business Goals, with Microsoft and CLOC
“Legal departments’ technology initiatives often underperform for lack of planning. Many legal departments focus only on immediate needs with insufficient regard for how these initiatives support the business strategy.”
That’s what Gartner analysts report as a key challenge for many in-house legal teams regarding strategy and technology adoption. Fortunately for Microsoft, it’s a challenge their legal team has successfully overcome.
It’s easy to understand why it can be so hard for legal teams to get technology strategy right. It’s no small task to align the legal department’s objectives with those of the broader business and the capabilities of the right technology. However, it’s vital to the success of the legal function, and the business as a whole, that leaders in law and legal operations figure out how to do just that.
Every legal team should aim to be seen as a trusted partner, rather than a roadblock for other business units to avoid. Businesses that succeed at fostering this collaborative relationship between functions are better poised to respond effectively to change and emerge from times of uncertainty as market leaders.
But how do you make it happen?
On June 16th, join Microsoft and Evisort for a conversation about aligning legal department objectives with business objectives by selecting the right technology partner. Learn practical lessons from Microsoft’s real-world experience with best-in-class contract AI.
Microsoft’s legal ops team started with vendor contracts, using Evisort’s AI to identify payment terms that save them tens of millions of dollars annually. Since then, they’ve been able to:
- Elevate vital information quickly to decision makers in law, finance, and other teams
- Tackle challenges that were previously too costly or time-consuming to address
- Accelerate deals by rapidly surfacing relevant information about thousands of contracts
- “Democratize” AI by empowering team members who aren’t data scientists to train the algorithm to recognize custom clause types
- Move beyond simple record systems to establish a system of contract intelligence
Find out how your legal ops team can drive value for the business by leveraging the right technology partner. Register here to join us for a great discussion!
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