The role of the law department operations professional is growing quickly, and is one of the major facilitators of change in the legal industry.
NEW YORK (PRWEB) December 13, 2017
QuisLex, a leading legal services provider, is supporting the Blickstein Group as a gold sponsor of its 10th Annual Law Department Operations Survey. The survey is the oldest and most comprehensive study that focuses solely on the operations function and it includes more than 300 data points from more than 125 companies. This marks the second consecutive year that QuisLex has participated.
“The role of the law department operations professional is growing quickly, and is one of the major facilitators of change in the legal industry,” says Joseph Polizzotto, Senior Vice President of Strategy & Client Services at QuisLex. “The Annual LDO Survey provides the benchmarks they need to continue along the development and innovation curve.” Polizzotto will also be presenting and discussing the survey results on a live webinar on December 14, 2017 at 1pm E.T.
The data illustrates some meaningful opportunities for change throughout the legal function. Polizzotto, who was previously general counsel at both Deutsche Bank and Lehman Brothers, points out that “Survey respondents list, ‘Identify opportunities for business improvement & cost savings’ as one of their top challenges. Yet 89 percent do not leverage offshore legal process outsourcing and 42 percent do not outsource at all.”
The data also illustrates that LDO professionals are finding that leveraging technology is not enough: no technology was rated as more effective than 7.3 on a 10-point scale, with contract management software ranked lowest at 5.4. “Technology on its own rarely drives greater efficiencies. Law departments must embrace process change along with new technology. That’s what delivers the best results for our clients,” says QuisLex CEO Ram Vasudevan.
“Legal operations have changed substantially in the 10 years we’ve done this survey,” says Brad Blickstein, Principal at the Blickstein Group and Publisher of the Annual Law Department Operations Survey. “Not only is QuisLex a valuable partner in helping us all understand the meaning behind our data, but the company is a major catalyst behind the changes themselves.”
For more information about the 10th Annual Law Department Operations Survey or to download its Summary Report, please visit http://www.blicksteingroup.com/ldo. To register for the complementary Live Results Webinar on December 14, please click here.
QuisLex is an award-winning legal services provider that specializes in managed document review, contract management, compliance services, legal spend management, and legal operations consulting. We employ operational excellence, Six Sigma based quality processes and ISO certified data security to support complex legal projects for companies and law firms. Our full-time highly trained attorneys, process experts, statisticians and linguists work closely with our clients to help reduce cost, mitigate risk and maximize efficiency. QuisLex is regularly acknowledged as a leader in the legal services industry, and is proud to be recognized by Chambers and Partners as a Band 1 Legal Process Outsourcing Provider, New York Law Journal as a Top Managed Document Review Services Provider, and the IACCM as its Outstanding Service Provider for contract management solutions. To learn more, visit http://www.quislex.com.