Going paperless: 8 steps to digitise your in-house legal team

published on Cloud technology, Contract Management, E-signature technology, Entity Management, IP Management, Legal Risk Management, Legal Technology

In the most basic sense, going paperless means we use software to create documents, we send them via email instead of printing and mailing, and we store them in digital format instead of in filing cabinets. Replacing paper with technology saves us time and money, making us more efficient and effective. While the advantages of a paperless, digital office are hard to ignore, some legal teams are slow to change simply because they don’t know where to start.

Do more with less: Bring IP Management in-house with the right tech

published on IP Management

To deal with their shrinking intellectual property budgets, 35.5 percent of in-house counsel are bringing IP management work in-house. In fact, according to 86 percent of those surveyed, reducing costs was the main driver for bringing patent work in-house.

Preparing your startup for due diligence

published on Compliance Management, Contract Management, Entity Management, IP Management, Reporting

For many startups, the desire to keep margins thin means that you often have few resources to commit to retrieving documents, summarizing information and printing out reports. If the preparation of due diligence falls on the CEO, CFO or sole Legal Counsel, it’s vital that you leverage tools to overcome the challenges that are native to startups: lack of structure and resources. After all, you don’t want any surprises in the evaluation to derail the investment.

How GCs can better manage intellectual property registrations

published on IP Management, Reporting

Intellectual property – whether it is physical or digital – is likely one of your company’s  most important assets. Intellectual property (IP), like inventions, words, symbols or artistic work, are often the main sources of revenue for your business. And as such, they need to be protected.

5 Things General Counsel Really Want To Happen Next Year

published on Contract Management, General News, IP Management, Legal Technology

It’s the end of the year, which means that organizations are busy publishing the results of annual surveys and forecasting the outlook for the year to come. While any general counsel would appreciate ranking first in a “Top 5” list, here are five things they want to happen next year across the legal landscape.