IP Spend Management: Contextualizing Performance

The legal business landscape has shifted significantly over the past decade. Since the financial crash of 2008, corporate law and IP departments and law firms were forced to do more with less, making the allocation of resources more critical than ever. As the bottom line continues to recover in the years since, the crux of IP Management has evolved from an emphasis on legal matters to one of spend management visibility and the revenue-generating potential of individual assets. This has, in effect, formed a well-defined focus to align the management of intellectual property assets and the achievement of overall business objectives—and ultimately, to demonstrate real return on investment.  
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Legal Metrics: Defining Success Beyond Spend Management

Measures are a core component of holistic business management.  While quantitative measures are not appropriate for all business activities, performance metrics and key performance indicators (KPIs) are an increasingly critical part of optimizing the legal function.  This topic consistently arises in our annual review of law department trends.
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Global E-Billing: Global Access and Data Privacy

Every step of the e-billing process, regardless of region, must be controlled through a combination of transport-level technologies and process-level controls. E-Billing programs must provide security against data vulnerabilities, including between physical and logical processing process steps. Suitable security related measures must be employed to ensure that trusted processes cannot be compromised.
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Global E-Billing: A Challenging Regulatory Environment for International Invoicing

Outside of North America, the e-billing process—that of creating, submitting, auditing, correcting and approving invoices—is subject to much more stringent regulatory and reporting requirements. This is most associated with Europe, where legal electronic billing (“e-Billing”) falls under the broader regulatory rubric of either the United Kingdom or the Model European Union electronic invoicing.
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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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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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IP Portfolio and Spend Management

Intellectual property management (IPM) is a now a well-established practice and solution category for innovation- and brand-driven companies.   In developing management practices that are business-aligned, these intellectual property stakeholders rely on technology systems and tools for the informational foundation on which they build their strategies, processes and organizations.
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