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Key Challenges

In a recent Chief Legal Officer Survey conducted by the Association of Corporate Counsel (ACC) and Altman Weil, CLOs named legal department performance (efficiency, focus, prioritization) and cost control and reduction as their top concerns. The second most frequently listed concern was demonstrating the value of the legal department and its contribution to the goals of the organization.

Indeed, corporate legal departments are dealing with greater accountability for their spending and performance. This presents many challenges for CLOs to ensure that superior services are delivered in a cost effective manner. Progressive chief legal officers are looking at technology for some relief.

Lecorpio Legal Resource Management (LRM) applications suite helps you transform your legal operations and maximize the effectiveness of the entire legal department.  With Lecorpio web based workflow applications, your department is in alignment with the rest of the organization and is adaptive and responsive to client's needs. Your team is equipped with the right tools to manage outside counsel more efficiently. With an end to end visibility across various functions such as IP, transactions, licensing, corporate governance etc., you can perform sophisticated analysis of financial, risk, market and trend metrics and communicate the value of the legal services to your internal clients. The targeted and focused knowledge management across the entire department ensures that your best practices are embedded in the entire team. You can confidently perform budget forecasting and cost management and maximize the value of your external relationships.

Lecorpio client testimonial

Lecorpio Legal Resource Management (LRM) for corporate legal advantage
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One system for the Entire Legal Department

Lecorpio enables corporate legal department to maximize their effectiveness by streamlining business processes, managing outside counsels, and improving service and visibility to the business.

Progressive legal departments see this as an opportunity for them to grow their strategic role in the company's operations.

Historically not the first corporate function to receive limited and expensive IT resources, corporate legal departments have operated with a hodge-podge of limited IT automation, piecemeal point solution applications to address a limited set of legal department functions. Such applications were typically created for external law firms, expert at optimizing for billable hours, rather than enabling the corporate legal, and geographically distributed service providers, employee contributors and stakeholders to operate as one for competitive advantage. More recently, while corporations intranet and document management systems have improved the legal departments’ document access, no where – until Lecorpio – has there been a completely automated, modern and integrated suite of applications designed to optimize not only each legal function’s processes but also enable an extended enterprise, end-to-end collaboration and visibility of intellectual assets and legal processes.

Letting corporate legal departments work the way they want to work

Unlike all current legal application “point solutions” that limit their clients’ operations to how the vendor defines how to run their business with rigidly defined business application logic programmed directly into the product, Lecorpio uniquely provides both the benefits of standalone, turnkey applications for each corporate legal function, but also empowers corporate legal departments to select and choose how they choose to do business and also easily extend their application logic and workflows and do so without expensive, rare and labor intensive traditional computer programming skills. It is designed to work the way you do, work the way your business does, and work the way technology should.

 
 
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ONE integrated system to manage all corporate legal processes, end to end.

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