Extract from Onna’s article “The Strategic Importance of Legal Operations in the Post-pandemic, Hybrid, or Digital-First Organization”
When thinking of the scope of legal operations, the words innovative and venturous likely don’t come to mind. And we don’t blame you. The role of legal ops habitually focuses on risk avoidance and optimization. But as more companies look to leverage digital transformation to remain competitive, winning legal operations teams aren’t only investing in tech, data, and processes, but they’re folding it into their overall business strategy.
This puts legal ops professionals in a unique position to step into a more strategic leadership role for three reasons:
- They’re involved with almost every department in an organization
- They have a risk-averse mindset
- They have access to vast amounts of company data
However, while technology may enable change, it doesn’t govern it.
In this article, we’ll share how legal ops leaders can expand beyond spend-reduction by maximizing the value of the information they manage to drive continuous growth for the broader company. First, let’s look at legal’s involvement in key business functions as this is a critical step to determining how to migrate toward an agile, adaptive, and highly effective legal ops team.