#legal-operations

#legal-operations

Imagine a day focused on strategic, meaningful legal work instead of tedious, manual tasks. In this guide from our friends at Litify, you can move past the hype and explore the practical ways to use AI throughout your workflow, from intake to billing. Whether itʼs analyzing documents to identify the most important information or leveraging data to determine the next best step, legal AI can help unleash your full potential.

When Tara Trantham talks about the cost of delay, she is not speaking in hypotheticals. As the chief legal officer of a billion-dollar publicly traded company, she faced simultaneous investigations from the Consumer Financial Protection Bureau and the Department of Justice. Without the benefit of legal technology or streamlined processes, she and her team had to manually pull five years of legal complaints into spreadsheets for multiple agencies.

AI is already replacing my job without firing me (for now). Legal executives expect the work of in-house legal teams to start and end with AI tools. This expectation makes sense given that a key role of legal executives is to use legal costs efficiently, and AI tools have the most appealing potential to reduce time and costs on research, contract drafting, case management, providing guidance, and other projects.

In-house attorney compensation continues to be tracked annually, but this year, the coverage will now extend to legal operations professionals as well for a comprehensive analysis.