How to create a positive spend culture for your legal department through digital transformation

Creating a digital, legal workplace is now essential for modern legal departments. Legal leaders need to balance remote and collaborative work with increasing their legal team’s effectiveness and, crucially, deliver cost savings. Data from Thomson Reuters highlights that controlling outside counsel costs and using technology to simplify workflows are high on the list of priorities for legal departments. Spend and matter management technology doesn’t just help you negotiate a better hourly rate or create a panel of approved firms. When implemented properly, the right solution can foster a positive spend culture across your whole legal function. It’s about aligning your business goals, implementing the right solutions to make informed decisions and generating better value through innovation. Successful digital transformation isn’t all down to the technology – your department’s culture is also important. To ensure successful adoption and implementation of technology, legal departments must build a global culture that facilitates change and ensure best practice processes are in place to help their teams adapt. For teams rolling out new technology across multiple locations, this is crucial. Key takeaways include:

  1. How your legal department can succeed in its digital transformation journey
  2. How agile spend management technology can help your team foster a goal-oriented culture

This on-demand webinar hosted by Thomson Reuters can be viewed here.

Speakers; Patricia León Elías, Proposition Manager, Corporates Europe, Thomson Reuters Markus Warmholz, Head of Legal (Commercial Law), Hartmann Group Arran Braganza, Founder, CEO, Jalubro