Challenge

  • Customer’s business experiencing significant business challenges and initiated internal operational changes and cost consolidation measures
  • Legal business function was driving operational changes focusing on cost management, strategy development/execution, process improvement, and technology adoption

Solution

  • Elevate placed a legal operations consultant with relevant in-depth experience supporting in-house legal teams to develop and mature operations through a mix of organisational design, process improvement, and technology initiatives.
  • Elevate talent quickly grasped challenges drawing from experience with other similar organisations and developed an operational review program to focus on key opportunities.
    • Initiated supplier consolidation program to improve law department suppliers’ strategic alignment and cost management measures to manage overall legal budget
    • Developed internal legal budgeting program to introduce transparency and matter budgeting planning and control
    • Built business cases to introduce legal technology to improve team efficiency by deploying document management systems, legal process automation tool, and using eSignatures to reduce overall turnaround time on contracts
  • Impact

    Legal budgeting program generates $1m Fiscal Year savings
    <$1.3m forecasted savings over 18 months from supplier consolidation

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