Peer to Peer Magazine

Summer 2016

The quarterly publication of the International Legal Technology Association

Issue link: https://epubs.iltanet.org/i/696855

Contents of this Issue

Navigation

Page 67 of 83

69 WWW.ILTANET.ORG applying analytics, corporations can beer manage risk, make good strategic choices and drive greater savings across the entire e-discovery cycle. It also enables legal teams to put in place proactive data management strategies with overarching IG practices to minimize risk and reduce downstream e-discovery costs. New Roles Emerge Despite ongoing debates about machines taking over for humans in law, the presence of multidisciplinary legal professionals is critical. E-discovery is complex and requires specialized knowledge of legal procedures, information technology and the flow of information within the company. The technological advancement and exponential growth of data require legal teams to shi from an "I-shaped" philosophy, which requires deep legal knowledge and skills, to a "T-shaped" structure. A T-shaped legal team will still have thorough legal expertise, but it will be complemented by the ability to collaborate across many disciplines such as technology, business, analytics, data privacy and security — making the role of an in-house legal technology strategist critical in the corporate environment. There is a positive trend toward the use of legal technology strategists. According to the ACC Chief Legal Officer (CLO) 2014 Survey, 63 percent of respondents indicated their companies are now in- sourcing work formerly performed by outside legal service providers. Legal technology strategists will be responsible for a proactive approach to data retention and management, developing detailed plans for: » Responding to e-discovery requests » Forming partnerships with e-discovery experts » Strategically deploying technological tools They will increasingly coordinate the interactions between legal, technical and operational teams within a corporation while ensuring adequate identification collection and preservation of data. By implementing in-house maer management technology processes, corporations will have a stronger feeling of control over the data they produce daily. Strategists Needed! The ability to bring more e-discovery processes in-house can directly affect an organization's boom line. Quicker response times, management of expectations and a beer understanding of an organization's unstructured data can significantly decrease costs. The complexity of e-discovery requires multidisciplinary legal technology strategists to help create a robust, defensible and cost- effective in-house practice. Anything less fails to take advantage of the advancements in enabling technologies and needlessly increases corporate risks and costs. P2P The Rise of Technology Strategists in Legal Operations FEATURES The biggest innovation in legal technology skills improvement Increased Productivity Increased Profitability 10 Core Competency Workflows Globally Recognized Certification ... for clients through technology efficiency ... for firms through technology efficiency ... covering security, document management, time and billing, etc. Certification in industry-standard legal core competency workflows created by law firms for law firms, legal departments, law schools and legal technology vendors. ... in industry-standard real-life workflows Learn more at ltc4.org or email us at info@ltc4.org A not-for-profit membership organisation

Articles in this issue

Links on this page

Archives of this issue

view archives of Peer to Peer Magazine - Summer 2016