{"id":132784,"date":"2021-09-14T15:00:00","date_gmt":"2021-09-14T15:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2912769"},"modified":"2021-09-14T15:00:00","modified_gmt":"2021-09-14T15:00:00","slug":"legal-operations-are-shaping-up-to-be-the-battleground-where-non-traditional-professional-services-providers-are-gaining-traction","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/09\/14\/legal-operations-are-shaping-up-to-be-the-battleground-where-non-traditional-professional-services-providers-are-gaining-traction\/","title":{"rendered":"Legal Operations are Shaping Up to Be the Battleground Where Non-Traditional Professional Services Providers are Gaining Traction"},"content":{"rendered":"<p><img decoding=\"async\" width=\"200\" height=\"56\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/09\/1079-alm-pacesetters-logo_arrows-200w.png\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"1079 alm pacesetters logo arrows 200w\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" title=\"Legal Operations are Shaping Up to Be the Battleground Where Non-Traditional Professional Services Providers are Gaining Traction 4\"><\/p>\n<p><em><span style=\"font-weight: 400;\">ALM Intelligence Pacesetter Research finds that legal operations is an area whose pressing needs make legal departments a natural gateway for multiservice, management consulting, and technology providers to make inroads and build relationships with a part of client organizations that was until recently the exclusive domain of traditional law firms.<\/span><\/em><\/p>\n<p><strong>New York, NY &#8211; September 14, 2021<\/strong><span style=\"font-weight: 400;\">\u2013 New analysis from ALM Intelligence Pacesetter Research shows that while the move to digitize and operationalize the legal department is not new, pressures from COVID-19 have accelerated the pace of transformation out of necessity. The rapid shift to remote work, cybersecurity concerns, business optimization, technological advances, geographic challenges, and more have all come to rely increasingly on the General Counsel (GC) as a strategic resource, as well as touching on legal operations teams to implement. As legal operations have grown in large organizations, small organizations have taken notice and started to implement their own operations solutions while also rethinking delivery models and transforming legal function operations, translating into increased demand in the market all around.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cLegal operations professionals are under pressure to reduce costs while dealing with increasingly complex matters and meeting demands that productivity increase and GCs take on a more strategic role within the business,\u201d pointed out <\/span><strong>ALM Intelligence Pacesetter Research Analyst, Kristie Robertson<\/strong><span style=\"font-weight: 400;\">. \u201cThis puts a great strain on the legal operations department to not only control costs but to also turn their department into a well-oiled, operationally efficient machine. Organizations that have adopted a strategic legal operations approach are more cost-effective, build better relationships both inside and outside of the organization, and provide greater value for the organization as a whole.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Market Leaders and Pacesetters differentiate themselves by embracing change management and focusing on managing the human side of organizational change. They think and plan beyond just the roadmap for department change and incorporate the human side of the equation through interviews, training, continuing education, and feedback exchange programs. Thought leadership is another integral element and Market Leaders and Pacesetters produce this with expert analysis, in-depth surveys, robust case studies, and panels where experts lead the discussion. These market leaders can drive informed decision-making for their clients and help them take that first step on their path to rapid and robust change.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In <\/span><em><span style=\"font-weight: 400;\">ALM Intelligence Pacesetter Research: Legal Departments &#8211; Legal Operations 2021-2022<\/span><\/em><span style=\"font-weight: 400;\">, the Pacesetter Advisory Council assesses eighteen providers\u2019 strategies and service offerings identified as Market Leaders for their ability to deliver client impact in legal operations. Additionally, the research and analysis provide insights into the competitive dynamics and service delivery trends, driving convergence across legal, management consulting, multiservice and technology providers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Research Highlights:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Today\u2019s clients are increasingly sophisticated. They are more technologically advanced, desire an enhanced service experience, and want more strategic input in projects<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Liberalization of legal markets in some geographies has inspired sharp growth in local innovation. Relationships with traditional law firms as well as conflict-of-interest issues with other clients likely preclude multiservice (and some consulting providers) from competing directly in the practice of law matters, but outside the US, these providers concentrate more on the practice of law as a support function for event-driven matters\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Legal operations professionals have an increasing appetite for integrated services that address problems holistically rather than focus on a single area and have been keeping more work in-house<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Increased demand for legal operations professionals has created a hiring frenzy. Organizations should look beyond legal experience, and import experienced professionals from adjacent industries (financial\/marketing\/technology operations) to incorporate diverse experience, especially with technology skills and financial management experience<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u201cDuring this research, many of our conversations with both the provider side and the client-side began with technology, discussing platform selection or how advanced technology like advanced analytics and AI were being deployed. But then ultimately the focus would shift towards achieving project goals &#8212; and more often than not where projects would fail was in figuring out how to get humans and technology to work together most effectively,\u201d said <\/span><strong>Director of ALM Intelligence Pacesetter Research, Tomek Jankowsk<\/strong><span style=\"font-weight: 400;\"><strong>i<\/strong>.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ALM Intelligence evaluated the legal operations capabilities of the following providers: Allen &amp; Overy, Clifford Chance, Crowe, Deloitte, Elevate, Epiq, Eversheds Sutherland, EY, FTI Consulting, Intapp, KPMG, Kroll, McKinsey &amp; Company, PwC, QuisLex, Reed Smith, Stout, Wipro.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ALM Intelligence Pacesetter Research provides independent, objective research to providers and buyers of professional services, coupled with practical insights that inform the decision-making process for strategic planning and procurement professionals.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To learn more about this report or obtain the Executive Summary, please visit <\/span><a href=\"https:\/\/www.alm.com\/intelligence\/pacesetter-research-2\/legal-departments-legal-operations\/?utm_source=Cision&amp;utm_medium=PR&amp;utm_campaign=ReportRelease&amp;utm_id=LegalDeptLegalOps\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">https:\/\/www.alm.com\/intelligence\/pacesetter-research-2\/legal-departments-legal-operations\/<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Join our analysts for a live discussion on the findings from this research on October 14 at 11:00 AM ET. You can register here: <\/span><a href=\"https:\/\/zoom.us\/webinar\/register\/6216315500508\/WN_u_QZiCbfQ_GZOTolVOUrJQ\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">https:\/\/zoom.us\/webinar\/register\/6216315500508\/WN_u_QZiCbfQ_GZOTolVOUrJQ<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">To obtain the full versions of the ALM Intelligence Pacesetter Research series, visit: <\/span><a href=\"https:\/\/www.alm.com\/intelligence\/pacesetter-research\/?utm_source=LN&amp;utm_medium=PR&amp;utm_campaign=ReportRelease&amp;utm_id=LegalDeptLegalOps\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">https:\/\/www.alm.com\/intelligence\/pacesetter-research\/ <\/span><\/a><span style=\"font-weight: 400;\">\u00a0or contact our Strategic Accounts Manager, James Doyle at <\/span><a href=\"mailto:JDoyle@alm.com\"><span style=\"font-weight: 400;\">JDoyle@alm.com<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><strong>About ALM Intelligence<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">ALM Intelligence provides proprietary data, analysis, tools, and knowledge that empower our clients to succeed. The product suite and vast data repository arm professionals with the critical business information required to make the most impactful and informed decisions possible. The exhaustive data repository and product functionality enable professionals to combat competitive challenges head-on with the confidence to remain ahead of the field. The depth of ALM Intelligence\u2019s expertise across the benefits, insurance, consulting, and legal industries provide a broad spectrum of actionable intelligence to facilitate and execute strategy. Visit <\/span><a href=\"https:\/\/www.alm.com\/intelligence\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">https:\/\/www.alm.com\/intelligence<\/span><\/a><span style=\"font-weight: 400;\"> for more information.<\/span><\/p>\n<p><strong>About ALM Media, LLC<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">ALM, an information and intelligence company, provides customers with critical news, data, analysis, marketing solutions, and events to successfully manage the business of law. ALM serves a community of over 6 million business professionals seeking to discover, connect, and compete in highly complex industries. Please visit www.alm.com for more information, and visit www.alm.com\/events\/ to learn about our upcoming events. Please follow us on Twitter at @ALMMedia.<\/span><\/p>\n<p class=\"tags\">Tags: <a href=\"https:\/\/icrowdnewswire.com\/tag\/law-firm\/\" rel=\"tag noopener\" target=\"_blank\">Law Firm<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/alm-intelligence-pacesetter-research\/\" rel=\"tag noopener\" target=\"_blank\">ALM Intelligence Pacesetter Research<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/pacesetter-research\/\" rel=\"tag noopener\" target=\"_blank\">Pacesetter Research<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/alm-intelligence\/\" rel=\"tag noopener\" target=\"_blank\">ALM Intelligence<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/legal-department-operations\/\" rel=\"tag noopener\" target=\"_blank\">Legal Department Operations<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/in-house\/\" rel=\"tag noopener\" target=\"_blank\">In House<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/legal-operations\/\" rel=\"tag noopener\" target=\"_blank\">Legal Operations<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/legal-ops\/\" rel=\"tag noopener\" target=\"_blank\">legal ops<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/legal-departments\/\" rel=\"tag noopener\" target=\"_blank\">legal departments<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/gc\/\" rel=\"tag noopener\" target=\"_blank\">GC<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/pacesetter\/\" rel=\"tag noopener\" target=\"_blank\">Pacesetter<\/a> <\/p>\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/www.alm.com\" target=\"_blank\" rel=\"noopener\">http:\/\/www.alm.com<\/a><br \/><b>Contact Information:<\/b><br \/>Eliza Sawyer Marketing Director <a href=\"mailto:esawyer@alm.com\">esawyer@alm.com<\/a><\/p>\n<p><b>Tags:<\/b><br \/><a href=\"https:\/\/icrowdnewswire.com\/category\/financial-content\/\" rel=\"category tag noopener\" target=\"_blank\">Financial Content<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/pr-wirein\/\" rel=\"category tag noopener\" target=\"_blank\">PR-Wirein<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/menafn\/\" rel=\"category tag noopener\" target=\"_blank\">Menafn<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/ips\/\" rel=\"category tag noopener\" target=\"_blank\">IPS<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/reportedtimes\/\" rel=\"category tag noopener\" target=\"_blank\">Reportedtimes<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/google-news\/\" rel=\"category tag noopener\" target=\"_blank\">Google News<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/extended-distribution\/\" rel=\"category tag noopener\" target=\"_blank\">Extended Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/icn-internal-distribution\/\" rel=\"category tag noopener\" target=\"_blank\">iCN Internal Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/legal-newswire\/\" rel=\"category tag noopener\" target=\"_blank\">Legal Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/artificial-intelligence\/legal-tech\/\" rel=\"category tag noopener\" target=\"_blank\">Legal Tech<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/legal-technology\/\" rel=\"category tag noopener\" target=\"_blank\">Legal Technology<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag noopener\" target=\"_blank\">English<\/a><\/p>\n<\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Eliza Sawyer<br \/> Marketing Director<br \/> <a href=\"mailto:esawyer@alm.com\">esawyer@alm.com<\/a><\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>ALM Intelligence Pacesetter Research finds that legal operations is an area whose pressing needs make legal departments a natural gateway for multiservice, management consulting, and technology providers to make inroads and build relationships with a part of client organizations that was until recently the exclusive domain of traditional law firms. New York, NY &ndash; September [&hellip;] <a href=\"https:\/\/ipsnews.net\/business\/2021\/09\/14\/legal-operations-are-shaping-up-to-be-the-battleground-where-non-traditional-professional-services-providers-are-gaining-traction\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":291,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-132784","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Legal Operations are Shaping Up to Be the Battleground Where Non-Traditional Professional Services Providers are Gaining Traction - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2021\/09\/14\/legal-operations-are-shaping-up-to-be-the-battleground-where-non-traditional-professional-services-providers-are-gaining-traction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Legal Operations are Shaping Up to Be the Battleground Where Non-Traditional Professional Services Providers are Gaining Traction - Business\" \/>\n<meta property=\"og:description\" content=\"ALM Intelligence Pacesetter Research finds that legal operations is an area whose pressing needs make legal departments a natural gateway for multiservice, management consulting, and technology providers to make inroads and build relationships with a part of client organizations that was until recently the exclusive domain of traditional law firms. 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