New Solution Models Evolve for ELM

As the role of General Counsel and the law department have changed, so, too, has the solution market evolved.  As the market expands, the ELM solution providers have developed new approaches to serve the needs of a multifaceted market.
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Dynamic Sourcing: Creating a Multi-Source Enabled Environment

Most corporations have well-established capabilities in multi-sourcing. While lagging their functional colleagues in the adoption of multi-sourcing, the law department is now quickly catching up.  Nearly half of Global 1000 law departments reported that they have implemented Shared Services Centers (SSC); with an additional 25 percent having evaluated them (see Fig. 1).
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The Growing Importance of Legal Technology

The business-aligned model of Enterprise Legal Management requires a more sophisticated IT infrastructure. It also requires an improved attitude about the integration of technology into the day-to-day operations of the corporate legal function.  Traditionally, law departments have been reticent to adopt the use of technology. However, as both the operational demands and a generational legal management changeover occur, we see attitudes and expectations about the role of technology shifting.
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NEW SURVEY: Use and Adoption of DMS in Legal

OUR 2015 SURVEY OF TRENDS IN DMS FOR LEGAL IS NOW OPEN! Hyperion Research's ongoing survey programs help us benchmark and analyze leading trends and issues in legal operations and performance - and report them to YOU.
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The Continuing Reality of Transformation for Corporate Legal

Corporate law departments are in the midst of an active period of transformation.  Driven in large part by the new demands on the General Counsel, today’s law departments are expected to serve a business function, as much as they are their traditional legal roles. From 2010, when we first endorsed the term Enterprise Legal Management, ELM has become a recognized management discipline and a strategic objective for corporate law departments.
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Legal Process Outsourcing for IP

Intellectual property departments are continuously evaluating their approach to outside professional services.  The use of outside counsel, agents, annuity payment services, search services and other specialized expertise are all long-standing examples of outsourced professional services--and certainly are not new to most departments.  However, a new service model, legal process outsourcing (“LPO”), is gaining increased traction as a more structured and comprehensive approach to intellectual property services.
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NEW SURVEY: Corporate Legal Technology

OUR CORPORATE LEGAL TECHNOLOGY SURVEY IS NOW OPEN! Hyperion Research's ongoing survey programs help us benchmark and analyze leading trends and issues in legal operations and performance - and report them to YOU.
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Market for Enterprise Legal Systems Evolves

As the market for Enterprise Legal Management Systems evolves, the tools that corporate legal departments use to manage business-critical information must do the same.  Today, vendors are taking two different approaches to tackling the constantly growing and changing ELM needs.
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Externally Hosted Practice Management Solutions: Cloud-Based and Software-as-a-Service

The use of externally hosted systems is a hot topic in today’s business technology world.  Once considered a non-starter in legal and intellectual property, there is a new-found openness to the possibility of practice management systems and data residing outside of the traditional “behind-the-firewall” infrastructure model.  The change in approach has followed the broader business technology trend towards more efficient and effective use of external infrastructure available through cloud-based and SaaS systems.
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Paperless Work Environments for IPM

While historically paper-intensive, the legal profession is quickly digitizing. Electronic-based work processes offer cost savings, improved quality and more-efficient work product.  Implementing a paperless work environment is particularly important to creating an effective IP program.  We find that document management systems (DMS) are an increasingly critical element in the overall integrated IPM environment.
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Insights

MarketView: IP Management Systems