Chief Legal Officer

Key Challenges

Unprecedented economic conditions, a surge in regulations surrounding corporate governance, more hostile, competitive and litigious environment are just some of the pressures faced by today’s corporate legal departments.

Even as the role of corporate legal is shifting from “Support” to “Strategic”, they are being asked to address these critical issues with less funding and fewer staff.

Corporate Legal departments deal with numerous manual, unstructured processes; however systems within the department are disparate and disconnected. Each practice group uses its own system (Excel based, IT developed, commercial point solution) to manage processes. This requires data re-entry and thus creates data redundancy. Further, outsourced law firms also have their own systems. The result is that different versions of the same data exist in different places. With volumes going beyond manageable levels in every area, processes have reached the point where things can no longer be stretched any further.

Now more than ever, legal departments must find innovative ways to automate manual processes, reuse knowledge, eliminate rework and reduce administrative overhead.

Benefits:

Reduce Costs, Automate Operations, Improve Productivity

Lecorpio provides an integrated web based system that helps corporate legal departments reduce costs, automate their legal operations and increase productivity.

Lecorpio uses a centralizbed repository to manage different types of matters such as patents, trademarks, contracts, general matters, and corporate governance and tracks all information related to the matter including tasks, documents, calendar events, team members, budgets and invoices.

Capabilities:

Comprehensive

One integrated system to manage all legal processes and functions, end-to-end.

Configuration

Easy-to-use interface to change layouts or add any number of custom fields/workflows.

Data and Document Searching

Use Google-like interface to search data in all the fields as well as documents. Use advanced search to narrow the search parameters for the search results.

Field Audit

All changes to important field values are tracked. Easily determine which team member changed the information in the fields and when. All change history is searchable by history, user, and date of change.

Task Management

Assign tasks to team members. The system automatically notifies you via email when tasks are assigned, or the status changes.

Team Management

Track all individuals associated with the matter.

Budgeting and Forecasting

Create budgets and forecasts for matters, rollup at business unit/company level.

Invoicing

Upload invoice data against matters to capture actual, compare budget to actual.

Matter Linking

Link matters for the same type or different types to each other. For example, create patent/trademark family or link contract records to litigations etc. and organize them for easy access, tracking and reporting.
Sophisticated Reporting and Analytics

Choose from a full menu of over 150 preformatted reports, you can also generate custom reports on-demand with full access to all data fields in the system. The analytics helps you understand what’s happening from both 50,000 feet and 5 feet level.

Robust Security Rules

Define Security access rules at varying levels of specificity (e.g. role based, matters, contact, fields, documents, events).

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.