Keeping all matters organized and dealing with them efficiently can be a real challenge for the legal staff. Finding ways to automate and build efficiency into these internal processes can be a major boost to the overall company.
Electronic Document Management
With reams of paper in stacks, files, boxes and storage facilities, a paper-based legal department can be a real quagmire to navigate when research needs to be done. Even with solid manual organization strategies, the level of efficiency when dealing with paper will often fall short of modern corporate requirements.
Luckily today there are legal management software solutions available to convert all of that paper into electronic form, with integrated document storage capabilities for organization and research capabilities.
Automated Workflow Tools
With the high volume of legal matters flowing through corporate legal departments, keeping all of the items prioritized and assigned to the legal staff for review and completion can be a major challenge.
Simple contract matters may only take a few hours to complete, while other more complex issues may require days, weeks or months of continuous effort across multiple resources.
Some large and difficult matters may involve tracking expected followup from multiple parties, both internal and external, and completion requires full coordination of all these activities.
Corporate tax issues, in particular, are often very complex, and complying with Internal Revenue Service regulations is a multi-faceted endeavor. Corporate legal management solutions from companies like Miratech offer a full suite of tools for managing these matters, including followup tracking, setting deadlines, and assigning work across multiple resources and teams.
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Contract Templates
Many of the matters that a corporate legal department deals with on a routine basis are simple contractual matters, the type of which are dealt with in much the same way every time. Having a system in place to utilize templates that can be quickly and easily applied to a new contract can speed the process up significantly and supercharge the efficiency of the legal staff.
In today’s fast-paced business environment, having a responsive and efficient corporate legal department is a must. Tools are available to help ensure corporate compliance needs are met, customer and vendor contracts are handled in a timely manner, and all legal matters are handled swiftly and appropriately.
Image Credit: automating legal department by Pixabay
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