Category: Business Process Management

The New Generation of Process Automation: Collaborative Capability Fuels Success

Business process automation has been around for decades and is now considered old news. Someone pushes a button and the automated “system of record” process starts. But nowadays more is needed than simply tracking the data. Daily interactions that occur between groups and departments require tools that clearly define, track, and report on who is responsible at each step and who is taking over. In short, built-in, collaborative processes are desperately needed.

The layer of engagement that comes with collaborative capability is sadly missing in the older systems of records. What is needed is a business activity-supporting software solution that is people intensive, highly variable, loosely structured and subject to frequent change.

These solutions are essentially systems of engagement, which incorporate not only management of tasks or processes but also the communication and collaboration preferences of its users on a whole. These systems serve customers, partners and employees equally, removing the obstacles that prevent out-of-department stakeholders from taking part in crucial processes that impact their goals and productivity. A system of engagement is focused on spur of the moment tasks and decisions, leverages social and cloud technologies and includes short, rapid, iterative release cycles.

Rather than trying to compete with existing enterprise software installations, the leading systems of engagement are embracing this logical approach that enables them to fill in the gaps of existing software infrastructure. The primary function of any solution that adds a layer of engagement onto a system of record is to make the processes happening around the data clear. To sum up: the simple accessibility of the old systems is now made obsolete by state-of-the-art solutions that allow users to collaborate simply, easily and as part of their normal work streams.

If your business doesn’t have the latest generation of collaborative process solutions, it’s time to seriously consider them. These solutions take process automation to the next level of cutting-edge software. Don’t be caught behind the eight ball on this one – get on board and you’ll not only gain a strong competitive advantage, but your teams will thank you for it.

Game Changing Features of Leading Enterprise Legal Management Solutions

There have been some pretty momentous game changers in the world of enterprise legal management (ELM) solutions in recent years. I’ll take it a step further and tell you there has also been an evolutionary paradigm shift in ELM (but we’ll save that for another story).

When considering and comparing different ELM solutions, there are some basic things to look for. The solution should, at a minimum: 1) empower a better way to work, 2) offer an environment where the user experience is key, and 3) be focused on process.

Those were the basic things to look for; now come the game changers that take ELM to an entirely different level. Before you invest in a major project like an ELM solution for your business, you should also be aware of four game changing features that are instrumental in the best ELM packages:

1. Compatibility

The finest ELM solutions are designed to be able to work alongside and together with systems that are already in place, allowing legal departments to supplement both the capabilities of what they have and to ease their transition to a more modern system.

2. Minimal IT Involvement

While traditional ELM systems require constant IT maintenance and attention, modern ELM solutions are lean and nimble and tend to work in a more straightforward manner. In many cases, users can configure, deploy, and support their new solutions with no corporate IT involvement. This is because they are designed and built in an intuitive, “no code” environment that can be learned without even the need for a training session.

3. A Solution for Every Work Flow

Solutions for standard processes like contract review and approval, NDAs, alternative fee arrangements, and matter or legal spend management are configurable to your needs. For more esoteric needs particular to a business, solutions can be created from scratch with minimal delay in deployment.

4. Drive Operational Improvements Easily

Unlike the development and implementation process for a large enterprise legal management system, which can take several months or years, the average time it takes to implement the best solution is less than 30 days. While the most complex implementations can take up to 90 days, this still beats the average for ELM systems by months.

Just thinking about implementing an ELM solution can be daunting to many. Modern ELM is no longer only matter and spend management, but includes contract management, legal holds, NDAs, SOX compliance, legal service requests, etc. It takes some research and diligent investigation to find the just the right solution, but you’ll find it time well spent, and one of your best investments.

If you haven’t already, isn’t it time to make the move to a cutting edge ELM system? Your team (and your bottom line) will thank you.

Top 10 Benefits of Using Premier NDA Management Tools

Unfortunately, many businesses have a never-ending struggle with managing NDAs. Collecting NDAs from all areas of business is just one example. Another is the challenge of following a single process for requesting NDAs – regardless of signer role. The list goes on endlessly, but you get the point.

Businesses need a tool that provides the ability to build custom components and execute NDAs tailored to different business needs for employees, vendors, contractors, and clients. The tool should also be human-centric and easy to use, allowing users to manage all NDAs in one secure place.

We’ve assembled a quick-start list of the top 10 benefits you should look for when in the market for a NDA management tool:

1. Self-Service

The best NDA management tools can generate an NDA for the requester using your standard terms. Where conditions warrant, the NDA will be escalated for legal review prior to delivery to the requester.

2. Policy Compliance

An NDA tool will make sure that your NDAs are being handled properly. When they need legal review, they will get reviewed. If they need executive approval, they will be approved. And most importantly the process is self-documenting and always auditable.

3. Variable Workflow

The workflow process can be altered, reviewed and approved by all the participants. New approvers can be quickly added without slowing down the process.

4. NDA Lifecycle

NDAs can be managed throughout their entire lifecycle, including renewal dates, termination notice periods and non-standard terms.

5. Electronic Signatures

The tool should support electronic signatures and integrations with all vendors such as EchoSign and DocuSign.

6. Faster Execution

Your NDA will be approved faster and you’ll have more visibility into the process. Cutting-edge NDA tools support the entire process – creation, approval, negotiation and final execution.

7. Warnings Notification

Clauses that need special attention in the NDA can be flagged in the tool. Users will see a warning when they open it for review.

8. Document Retention

All of your documents are stored in a central location so you can access any document at any time. The tool will notify all of the participants when a NDA is signed and automatically close the request.

9. Dashboard Views

Quickly see a snapshot view of the status of all NDA requests. Reporting and metrics gathering is easy within a special dashboard view.

10. Simple, Intuitive, Affordable

The finest NDA tools are also surprisingly affordable, intuitive, easy to use, and learn. There is virtually no training to get started.

True, NDAs used to be a major headache, but with the technology available now they no longer have to be. Stop wasting valuable time with manual processes and don’t be caught on the sidelines when it comes to properly managing your NDAs. Take the leap and look into streamlining your NDA management process once and for all – your team will thank you for it.

Onit to Host Webinar on Enterprise Legal Management for ILTA Members

Onit is excited to be hosting a webinar on Enterprise Legal Management (ELM) for ILTA members. The webinar, “A Better Way to Run Legal Operations: The Enterprise Legal Management Paradigm Shift is Now,” will highlight how innovative legal departments have acknowledged the evolutionary ELM paradigm shift and have implemented solutions to get ahead of the curve.

For nearly two decades, ELM has focused on matter management and spend management. It’s fair to say that effective ELM platforms were, and still are, good at what they do best – only matter and spend management.

There has been a distinct paradigm shift and evolutionary branching off from those older ELM systems. Today, the most effective ELM platforms facilitate engagement, are focused on “process,” offer an environment where the user experience is crucial and can be augmented to manage other legal processes. Today’s definition of ELM includes all of the following tasks — contract management, legal service requests, NDAs, and legal holds (to name a few).

This session will be at 12:00 ET (11:00 CST) on Monday July, 17 and you can register online.

We look forward to seeing you there!

First Impressions Last a Long Time: Is it Time to Review Your Legal Service Request Process?

Requests for legal services are sometimes thrown at the legal department as a mix of emails, texts, phone calls, and informal conversations. Trying to sort through such an assortment of “requests” would prove daunting under any circumstance. And all of this before the “real” legal work even begins. Another problem is when a person or department needs legal assistance, but doesn’t know where in the organization to go, or the best way to initiate the request. This is where problems begin for the legal department.

Something else that is frequently forgotten is the importance of forming a good, old-fashioned relationship between the legal service requestor and the legal service provider. For legal matters, the intake process is where the relationship often begins.

“Usually, the intake process will represent the first working relationship you have with your new client. Therefore, it is important that you make a very good first impression. A good first impression could mean the difference between a satisfied client and a soon-to-be disgruntled client. Creating a good first impression applies both to the style and the substance of the client intake process.”

Download this new eBook to learn how a premier, user friendly legal service request (LSR) solution can streamline and optimize this process in your department.

Our new eBook offers the following insights:

  • The problem of using outdated or inappropriate legal service request processing tools
  • Current market trends concerning legal service requests
  • Best practices of managing legal service requests
  • A logical and powerful solution that can be quickly deployed
  • A company’s success story using Onit’s intuitive, agile and user friendly legal service request App

It’s time to let the legal department do what it does best – the “real” work of handling legal matters. And they can’t do this if they’re spending endless hours on day-to-day tasks that could be handled in seconds using an intelligent, self-service portal for legal service requests.

In our new eBook, Streamlining Legal Service Requests we explore the problems and headaches associated with processing legal service requests, the importance of allowing the legal department to focus on “real” legal work, and strategies to not only fix the problem but to supercharge your legal service request process.

1 https://practice.findlaw.com/how-to-start-a-law-firm/how-to-perform-solo-and-small-law-firm-client-intake.html

A Serious “Bug” in Volkswagen’s Legal Hold Process

Fortunately, legal holds don’t appear very often, but companies need to take them very seriously and have a secure plan in the event that one happens. Equally important, companies must not veer away from the plan when a hold is triggered. Take the recent case surrounding Volkswagen (VW). In a nutshell, VW in-house attorneys tipped off employees about an upcoming litigation hold. One in-house counsel apparently indicated to employees that they should destroy certain documents and a hard drive that pertained to VW’s emissions cheating issues.

In light of the impending litigation hold, 30 to 40 employees were told that emissions-related data should be kept on USB drives and put on the company’s computer system “only if necessary.” Thousands of documents were deleted, but many were later recovered during the investigation. The not-so-elaborate cover-up finally broke down when a VW employee admitted it to regulators. Six current and former employees—one top compliance officer and five department heads in product development and engineering—were indicted.

In our white paper, “Is it Worth the Risk?  How to Implement a World Class Defensible Legal Hold Process” we discuss the significance of legal holds in today’s corporate environment, why you need gold-standard legal hold automation software, and strategies to fuel your company’s path toward a robust legal hold process.

Download this new white paper to discover how a cutting edge legal hold platform allows team members to gain real-time access to the status of collection requests, know when actions were issued, which tasks are in progress and which legal actions require immediate attention.

Our new white paper offers the following insights:

  • Why you need a world class legal hold process
  • A little history of recent landmark legal hold cases and why they should concern you
  • Current best practices of legal holds
  • Essential features to know before shopping for legal hold software
  • The problems associated with using antiquated or inappropriate legal hold tools

A powerful legal hold solution offers a quick and highly cost-effective way to supercharge your automated business processes, as well as your bottom line. Reduce the ever-present risk of costly court cases. The stakes are high, and the time to act is now.

Contracting Shouldn’t Be a Nightmare

Remember the old saying, “If it ain’t broke, don’t fix it?” If you can honestly say that about your contract lifecycle management process, then you’re wasting your time reading this. But we’re hoping that you’ve stopped by for a reason – perhaps your contract management system isn’t all it should be, or even worse, you don’t have a system at all.

Unfortunately, in many organizations, agreements get bogged down in antiquated contracting processes that frustrate corporate counsel and their clients alike. When counsel rely on tools such as Microsoft Outlook, Word, Excel, and SharePoint as their contract management suite, it leads to a lack of transparency. Drafting, review and approval workflows come to a standstill as emails fly back and forth between stakeholders desperately trying to determine the status and versioning of their contracts. Disappointed business units point the finger at corporate counsel for delays that can extend negotiations and damage relationships with suppliers, vendors and customers. Meanwhile, the legal team loses opportunities for insight into the contracting process and data, making risk management and compliance more challenging.

Fortunately, hope is within reach in the form of a quickly deployable, user-friendly solution.

Our new white paper, co-authored with Consilio, offers the following insights:

  • The problems associated with using antiquated and cumbersome contract management processes
  • How the lack of transparency during the contract review and approval process affects a company’s bottom line
  • The legal and contractual obligations of contracts and its affect on compliance and risk
  • How technology can optimize your contract management process with workflow and collaboration

Download this new white paper, Making Contracting Easier for Legal to learn how to streamline and supercharge your contract management process today.

Avoid the “Black Hole” at All Costs: Revive Your Ailing Contract Management Process

Contracts are the lifeblood of all business agreements – whether it’s buying or selling products, services or consulting agreements. As part of this process, someone must create a contract, negotiate the terms and ultimately store it where it can be accessed by other team members.

Unfortunately, most professionals do not adhere to a consistent process – which can lead to unnecessary company risk exposure and unenforced or unmet contract terms. While there are a variety of methods to manage contracts, companies of all sizes can benefit by centralizing their contract data and taking steps toward standardizing the way contracts are processed, approved and managed.

Contract Lifecycle Management (CLM) is an integrated system that applies business rules to manage an enterprise’s contracts on a worldwide basis. A CLM system typically manages the request through the entire contract lifecycle, including negotiation, execution and storage in a central repository. CLM systems allow people within an organization to access, analyze and act on contract-related information to improve efficiency, consistency, reporting and control.

Our new white paper offers the following insights:

  • What a CLM system is
  • Key features of a CLM system
  • How to avoid the “black hole” where information is disorganized or lost
  • Benefits of implementing an efficient CLM system
  • How to solve problems instead of creating new ones
  • How enterprise solutions can be quickly developed and scaled to your business

Download our new white paper, Simple Contract Management to learn how to find a better, process-driven way to run and optimize your contract management process.

Dread Managing Legal Service Requests? Not Anymore.

In our new eBook, “Streamlining Legal Service Requests” we explore the problems and headaches associated with processing legal service requests (LSR), the importance of allowing the legal department to focus on “real” legal work, and strategies to not only fix the problem but to supercharge your LSR process.

Today’s legal departments are oftentimes inundated, and sometimes overwhelmed, with the myriad of issues that crop up daily. Legal service requests should be relatively simple affairs to handle, but in reality they are a frequent and major contributor to a legal department’s organizational chaos. Business partner requests for legal services are often tossed into the legal department sporadically by email, text or informal conversations from various departments.

With no standard legal service intake process, tracking and assigning these requests is nearly impossible. To complicate matters, business partners typically do not include all the resources or documents in the initial request. Often, an email or phone conversation must ensue to obtain the relevant materials before the “actual” legal work can even begin.

Fortunately, there is one solution that can relieve a large portion of this angst. By implementing an intelligent, self-service portal to initiate legal service requests, the first phase of the battle is already won. The company will also be able to leverage their new system, since information can be shared across departments and systems. Fewer staff members will need to spend time entering data for the same client and matter, which saves money. All of this will allow the legal department to spend more time focusing on the needs of business consumers – not following up on paperwork and other purely administrative and time-consuming tasks. Optimizing the LSR process is crucial to the legal department’s success and to the organization’s bottom line.

Legal departments are often understaffed and have limited resources and legal service requests simply add more to their already stressful workload. But there is another problem that can be easily overlooked, unless you are the one needing legal assistance. The scenario often plays out like this: a business consumer of legal services needs assistance, but doesn’t know where in the organization to go, or the best way to initiate the request. This is where problems begin for the legal department.

As mentioned previously, requests for legal services are sometimes thrown at the legal department as a hodgepodge of emails, texts, phone calls, and informal conversations. Trying to sort through such an assortment of “requests” would prove daunting under any circumstance. And all of this before the “real” legal work even begins.

Another factor that may be troublesome is simply forming a good, old-fashioned relationship between the business consumer and the legal service provider. For legal assistance matters, the intake process is where the relationship often begins.

Recent legal market trends can be highly revealing not only for what’s happening now, but also as extraordinary indicators for future developments as well. We’ve discussed the serious problem of corporate legal departments getting bogged down in routine administrative tasks, with LSRs placing high on the list of troublesome processes. If organizations are not driving and implementing positive changes to eliminate such problems, the problems won’t go away.

It’s crucial that the legal department be allowed to focus more on the real legal work, without sinking deeper into the administrative quagmire. In most cases, a well-chosen and effective technology solution is the best answer. But driving and implementing change is another key element in the solution. Keeping up to date with the latest technology is always good, but to implement technology changes requires buy-in from leadership and IT, as well as an unwavering commitment to see the project through.

According to Blickstein Group’s 9th Annual Law Department Operations Survey, we discover some enlightening statistics. 81% of respondents agree that corporate law departments will be the primary driver of innovation and change in the legal sector. This is an encouraging number.

But when we drill a bit deeper into the survey, we learn that the top challenge facing law department functions is driving/implementing change. Taking a close second place is “identifying opportunities for business improvement and cost savings.”

When asked, “Do you have a plan to develop a legal department technology strategy or three-year road map which addresses how you integrate, evolve and replace your systems to support the legal department’s processes and needs?” only 18% of respondents answered “yes.”

In light of these facts, a compelling question arises:

If corporate law departments are expected to be the primary shakers and movers of innovation, shouldn’t they be equipped with the proper technology to do so?

Onit’s Legal Service Request solution simplifies this intake process and provides a simple portal that allows business partners to interact and engage with the legal department. In doing so, the legal department obtains a more holistic view of the legal portfolio and the ability to better serve their clients. The legal department also gets a comprehensive view of all legal service requests and can report on request types (i.e. by department, region, phase, due date, etc.)

Client requests can be directed to the appropriate legal practitioner, even if the requester is not aware of the most appropriate recipient of the request. Clients can also self-serve to keep track of status and resolution of legal service requests. In fact, the requestor of legal services gets an automated email that allows them to track the status of their request directly from the email. The built-in feature to generate automated notifications exemplifies the very best in legal process solutions.

The chaotic world of emails, phone calls, and informal conversations to initiate legal service request is now gone and business process automation has ushered in a new era of cutting-edge customer service and efficiency. It’s worth reiterating that optimizing the LSR process is crucial to the legal department’s success and to the organization’s bottom line.

For organizations that already have other automated processes, that’s a good head start. Now it’s just a matter of implementing an effective LSR solution to complement their existing automated business process arsenal. For companies new to business process automation, a LSR platform is an excellent first choice since legal service requests are literally the “front line” where most legal matters begin.

Download this new eBook to learn how a premier, user friendly legal service request solution can streamline and optimize this process in your department.

Our new eBook offers the following insights:

  • The problem of using outdated or inappropriate legal service request processing tools
  • Current market trends concerning legal service requests
  • Best practices of managing legal service requests
  • A logical and powerful solution that can be quickly deployed

It’s time to let the legal department do what it does best – the “real” work of handling legal matters. And they can’t do this if they’re spending endless hours on day-to-day tasks that could be handled in seconds via an intelligent, self-service portal for legal service requests.

Life at Corporate Legal Just Got Easier with a Legal Service Request Solution

Imagine working in the legal department trying to keep up with the flood of “real” legal work. On top of that, you have legal service requests coming at you in no real organized fashion. They could be in the form of an obscure, confusing email, a phone call, an informal conversation in the break room, or an abrupt text message. In any case, you’ll likely have to follow up with these requestors just to get all the preliminary required information. And that’s just to get started. It’s frightening to think just how much time you’ve spent on this purely administrative drill, all the while taking your time from real legal work (which, of course, you’ll need to catch up on later).

Onit’s Legal Service Request (LSR) solution provides a legal department with an intelligent and user-friendly method for engaging with business partners. Oftentimes, business consumers of legal services don’t know where to go in the organization to obtain the assistance they need. By providing the business with an intelligent, self-service portal to initiate a request for the legal department, legal can reach more of the organization’s needs and provide better legal service to the business.

Client requests can be directed to the appropriate legal practitioner, even if the requester is not aware of the most appropriate recipient of the request. Clients can also self-serve to keep track of status and resolution of legal service requests. In fact, the requestor of legal services gets an automated email that allows them to track the status of their request directly from the email. The built-in feature to generate automated notifications exemplifies the very best in legal process solutions.

The chaotic world of confusing emails, garbled phone calls, and informal conversations to initiate LSRs is now gone and business process automation has ushered in a new era of cutting-edge customer service and efficiency. It’s worth reiterating that optimizing the LSR process is crucial to the legal department’s success and to the organization’s bottom line.

For organizations that already have other automated processes, that’s a good head start. Now it’s just a matter of implementing an effective LSR solution to complement their existing automated business process arsenal. For companies new to business process automation, a LSR platform is an excellent first choice since legal service requests are literally the “front line” where most legal matters begin.

Download this new eBook to learn how a premier, user friendly legal service request solution can streamline and optimize this process in your department.

Our new eBook offers the following insights:

  • The problem of using outdated or inappropriate legal service request processing tools
  • Current market trends concerning legal service requests
  • Best practices of managing legal service requests
  • A logical and powerful solution that can be quickly deployed
  • A company’s success story using Onit’s intuitive, agile and user friendly solution

It’s time to let the legal department do what it does best – the “real” work of handling legal matters. And they can’t do this if they’re spending endless hours on day-to-day tasks that could be handled in seconds via an intelligent, self-service portal for LSRs. In our new eBook, “Streamlining Legal Service Requests” we explore the problems and headaches associated with processing legal service requests, the importance of allowing the legal department to focus on “real” legal work, and strategies to not only fix the problem but to supercharge your LSR process.