Articles
By Simon Meiklejohn
April 10, 2025
Adapting to changing times is crucial for staying competitive and thriving in the legal industry. Approaching mid-year 2025, legal leaders are focusing on transformative priorities such as leveraging AI for contract review, reducing costs through external panel management, and adopting advanced contract management solutions.
Morae brought together leading General Counsels (GCs) and in-house legal experts for a series of Legal Leadership roundtables. These sessions were a goldmine of insights and strategies, here are the most compelling takeaways from these discussions.
AI for Contract Review and Analysis
External Panel and Spend Management
Contract Management Solutions (CMS)
Enabling the Business through AI
Data Analysis Enhanced by AI
Matter Management and Legal Intake/Workflow
Capacity and Resourcing Challenges
Internal Department and Workstream Analysis
Key Initiatives and Priorities
In 2025, legal leaders are focusing on AI for contract review, cost reduction through external panel management, and better contract visibility. AI tools reduce workloads, allowing focus on high-value tasks. Enhanced matter management and workflow improve efficiency, while capacity challenges are addressed with a risk-based approach. Internal analysis optimizes resources and identifies automation opportunities, ensuring agility and responsiveness.
Several initiatives from 2024 continue to be relevant, including legal department analysis, right sourcing and team remodeling, matter management, leveraging the O365 suite, contracting optimization, AI experimentation, external spend management, and proving the value of the legal department.
Conclusion
The insights and priorities shared by legal leaders underscore the critical need for continuous innovation and strategic transformation within legal departments. Embracing these changes, leveraging new technologies, and implementing effective solutions will drive efficiency and value. As we move forward, it is essential for legal professionals to apply these insights within their organizations and shape the future of legal leadership.
If you’re looking for a partner to help guide you through implementing these initiatives, Morae can work alongside you and your teams. Together, we can achieve remarkable progress and set new standards for excellence in the legal industry. For a deeper dive into these transformative priorities, download the full whitepaper now and stay ahead in the evolving legal landscape.
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