Congratulations are in order for Pearson PLC, who has won recognition for its innovative work in legal operations. The company has landed on the shortlist of the Legal Innovation Awards 2020 in the category of “Future of Legal Services Innovation – In-House Legal Operations.”
Pearson PLC, a global learning company, created a transformational shared service center to support commercial transactions worldwide for more than 10,000 users. Powered by an integrated solution from Onit and its partner Morae, Pearson achieved a 30 percent improved contract turnaround time.
The nomination, which also names Onit and Morae, illustrates the unlimited potential for innovation when corporate legal departments team with trusted technology partners. Pearson selected Morae to assist in developing, implementing and operating an innovative, highly-efficient Transaction Service Center as an extension of Pearson’s legal team in support of the company’s businesses worldwide. Onit provided the contract lifecycle management technology and Apptitude platform to drive automation, greater standardization, ease of access to information, and increased process transparency.
This is the second time the company has been recognized for its transformative initiative. The Association of Corporate Counsel named Pearson a 2020 ACC Value Champion earlier this year. The prestigious prize showcases innovative law departments that embrace creative, data-driven solutions to streamline operations.
About the 2020 Legal Innovation Awards
The 2020 Legal Innovation Awards, hosted by Law.com International UK, Legal Week, celebrates the outstanding achievements of law firms, chambers, in-house legal departments and alternative business structures. The winners will be announced in a virtual awards ceremony on Oct. 2 at 5 p.m. BST. You can register for virtual attendance here and tweeting is encouraged during the proceedings with the hashtag #legalinnovationawards.
Hear about the Innovative Project from Pearson, Morae and Onit
Robert Mignanelli, SVP, Associate General Counsel, Global Product/Technology at Pearson plc, sat down to discuss this award-winning initiative in this on-demand webinar. Mignanelli is joined by Joy Saphla, President, Morae Legal of Morae Global Corporation and Matt DenOuden, VP, Global Sales of Onit to share details about the journey to move from a highly bespoke legal services model into a more standardized and streamlined way of delivering support to the business.
Once more, congratulations to Pearson!