Ralph Vonderstein to provide insights with in-house legal professionals on how legal technology can help in transforming your legal department from a service center to a center of excellence.
Faced with increasing information complexity, changing client demands and shifting market forces, legal professionals are turning to technology to help them achieve better outcomes. However, not all lawyers are doing so at the same pace, and those already leveraging technology have an early adopter advantage, including higher profitability and readiness to take on change, according to findings from the 2019 Future Ready Lawyer Survey from Wolters Kluwer Legal & Regulatory.
The importance of risk mitigation planning and different approaches to reduce or mitigate risk is becoming a popular topic in industry events and reading. The most common take-aways from specialized conferences and research are almost always the same: don’t wait for disasters to strike, or, risk management planning needs to be an ongoing effort. Although this sounds good in theory, it is far easier said than done.