Solving inefficiencies with a legal workspace

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Solving ine ciencies with a legal workspace

Now you've calculated the amount of time and money manual administrative tasks cost your legal team and business, you can explore some solutions. This downloadable pack demonstrates the value a legal workspace solution provides, and includes stories from LawVu customers on how they've solved similar problems with success.

The value of investing in a legal workspace

Technology is critical for your legal team to achieve their true potential, but 97% of in-house counsel struggle to secure investment in legal tech. This guide will help you articulate the value of investing in a legal workspace to your stakeholders.

Time is money

Technology solves the expensive problem of inefficiency: without it, legal professionals are overpaid to spend time on low-complexity, repetitive tasks instead of high value, strategic work.

% 87% %

of respondents say time spent on manual activities takes time and effort from larger business goals or affects their ability to deliver services.*

Time back is invaluable

of in-house legal teams spend over one hour per day jumping between systems to gain a complete view of their work.*

confirm the legal department spends too much time on low complexity routine tasks **

A legal workspace increases efficiency and improves commercial outcomes, delivering value for a business by:

Decreasing the cost of legal work and improving job satisfaction as professionals spend less time on low value admin tasks.

Increasing the capacity of the legal department to handle higher volumes of work and re-direct resource in better ways.

Decreasing turnaround times and improving contract management for better commercial outcomes.

“When you have a tool like LawVu, it gives time back. We can now take an hour and a half to whiteboard and come up with strategy... I think that’s invaluable.”
*The 2023 In-house Legal Technology Report **The 2021 EY Law Survey For more information on LawVu or to arrange a demo, send an email to info@lawvu.com 80 61
Matt Brasch, Associate General Counsel, Buckle

The case for investing in a legal workspace

The right solution generates measurable value with:

Features that standardize data capture,  automate  workflows, and make information readily available keep valued professionals from spending time on manual administrative tasks.

Enabling self service, automating contract creation,  and streamlining business collaboration reduce  cycle times and reduce individual effort.

“Our team has saved two days a week on administrative tasks as a direct result of using LawVu…”

Integrating and consolidating information in one place. This means people don’t waste time navigating between systems or syncing, searching, and sharing critical information.

On average, the LawVu legal workspace saves 3.16 hours in admin time per team member and an additional 1.75 hours per contract.

Extending value

To maximize the value of your investment make sure your solution has these critical characteristics:

Delightful user experience: this will minimize the time and money you need to invest in training and ensure user adoption.

Ease of implementation: you’ll get value and solve your most important problems faster.

Designed for your workflows: when a solution complements existing workflows there’s less change management and a more immediate ROI.

“We are saving 66% of time spent on tasks because it’s all in the one LawVu workspace…”
“In the past an NDA could take two weeks... but with LawVu it’s literally two minutes.”
Deputy General Counsel & Director of Compliance
Associate General Counsel
Legal Counsel
ROI per year 344% Team of 5 ROI per year 440% Team of 10

Why managing contracts and matters together is better

LawVu wasn’t just a standalone matter management system that we could use across our team — it has really assisted with connecting the business with our team. And having contracts integrated into one system is certainly beneficial. We have a large in-house team so having to integrate different point solutions and make them work together would have taken a long time. So having everything in the one system has been ideal and it certainly works.

We’re operating so much more efficiently now with the ability to pull reports in a matter of seconds allowing us to track growth in different geographies in real time and align with the overall company strategy.

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Philippines, Australia

6 - 10 person legal team

Professional services

Matter management

Contract management

Ben van de Beld Chief Legal and Operations Officer Emapta
CASE STUDY
Intake & self-service PEOPLE-GROUP BUILDINGS �� FILE-SIGNATURE FILTER-LIST

Implementing an end-to-end solution to reduce manual tasks

We were creating our franchise documents manually and copying and pasting information into each document. It would take 90–120 minutes to create the suite of franchise documents, but because we are now using the contracts wizard, that comes down to somewhere between 20–25 minutes to create that bundle of documents.

Perth, AU

6 - 10 person legal team

Food & beverage

Matter management

Contract management

Intake & self-service

Having LawVu on board during the growth strategy period has meant that without adding too many human resources, we’ve been able to do more with fewer people.

Nicola Gannon Nicola Gannon
CASE STUDY
PEOPLE-GROUP BUILDINGS �� FILE-SIGNATURE FILTER-LIST
Nicola Gannon Deputy Chief Legal Counsel Craveable Brands
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Quick wins with a legal workspace

Early signs is that the time savings will be significant with an approximate 25% reduction in email traffic since rolling LawVu out to the wider business. This has resulted in a saving of approximately 750 mins (12.6 hours) of time spent reaching emails across the team in one month— time that is now free to spend on the work that our team came in-house to do — the strategic work that impacts business outcomes.”

Melbourne, Australia

10 - 20 person legal team

Telecommunications

Matter management

Contract management

Intake & self-service

Managing risk appropriately and ensuring business continuity has been essential in the current uncertain economic climate, and we’ve done this through consolidating the team’s workflow, matter management, and contract management into one single platform.

Jillianne Osborn Jillianne Osborn
CASE STUDY MAP-MARKER-ALT PEOPLE-GROUP BUILDINGS �� FILE-SIGNATURE FILTER-LIST READ MORE
Jillianne Osborn Deputy General Counsel Vocus

A legal workspace that scales with the business

In the past, I’ve found that people don’t want to do their own NDAs because it can take at least two weeks to manage and approve the template manually between various team members. But with LawVu, ours literally take two minutes.

Melbourne, Australia

1 - 2 person legal team

Medical technology

Matter management

Contract management

Intake & self-service

Many of the other solutions I looked into were either too complex, too expensive or the complete opposite — super cheap but essentially a glorified spreadsheet that lacked that level of depth required to really support a growing legal function.

Beth Plunkett Beth Plunkett
MORE CASE
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Beth Plunkett Legal Counsel 4D Medical
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STUDY

Creating a connected legal team with LawVu

Our team has saved two days a week on administrative tasks as a direct result of using LawVu.

Matters and contracts in one workspace is also just more cost-effective; it’s less effort and time to implement, and it’s one simple interface where both the legal team and the business work more efficiently. No one wastes time duplicating work, looking for information in multiple places, or consolidating reports… everything is right there.

New Jersey, USA

6-10 person legal team

Digital financial services

Matter management

Contract management

Insights & reporting

Matt Brasch Associate General Counsel Buckle
CASE STUDY
WATCH VIDEO
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MAP-MARKER-ALT PEOPLE-GROUP BUILDINGS
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A consistent and unified legal department with

LawVu

LawVu is providing a consistent, unified legal department.

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BINOCULARS

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North Carolina, USA

1 - 5 person legal team Local government Matter management

Knowledge & document management Insights & reporting

LawVu has saved us an immense amount of time due to numerous features, but the big one is the full-text search functionality ... It has truly saved hours upon hour of time we would otherwise have spent trying to track work down.
Matt Pentz Assistant Town Attorney Cary, NC
CASE STUDY
WATCH VIDEO

How Linktree created a Connected Legal Function

Matters and contracts in one workspace is also just more cost-effective; it’s less effort and time to implement, and it’s one simple interface where both the legal team and the business work more efficiently. No one wastes time duplicating work, looking for information in multiple places, or consolidating reports… everything is right there.

Sydney, Australia

2 - 5 person legal team Technology Matter management Insights & Reporting Intake & self-service

Now we have the data to back up where our time is being spent, the complexity of the different matters, and whether we have the right skillsets in-house.
WATCH VIDEO CASE STUDY
Rosanna Biggs General Counsel Linktree
MAP-MARKER-ALT PEOPLE-GROUP BUILDINGS �� FILE-SIGNATURE FILTER-LIST

Ready to solve inefficiencies with a legal workspace?

Now you’ve calculated the time and money manual administrative tasks cost your legal team and understand the value a legal workspace provides, you’re ready to solve your inefficiencies!

Talk to one of our team to learn more about the value of a legal workspace, or start building your business case with this free guide and downloadable template. In no time, you’ll be influencing stakeholders on why investing in a legal workspace is the right solution for your legal team.

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