Webinars

Maturity In Metrics: Applying Data Science to Legal Services Procurement

August 19, 2021

Solution

Legal Department Operations

An ever-widening array of new data analytics tools and dashboards are empowering legal departments and their procurement teams with a wealth of data driven insights.

Presented by Bill Novomisle, Magen McClintock, Marcelo Peviani, Monique White


Summary

Data-driven insights can be utilized to help uncover opportunities for savings and accelerate value through enhancing outside council relationships and performance.

Watch this on-demand Webinar where we examine how corporate legal departments are leveraging these advanced data analytics tools and techniques to enable improved understanding and more informed decision making across all stages of the procurement journey.

Discussion topics include:

  • Cycle Time: Specifically focused on intake to resolution and what should be measured across these key phases of the journey, such as turnaround time on matters and how quickly counsel can resolve litigations, negotiate contracts or close a deal
  • Budget/Efficiency: % variance to budget
  • Spending by Matter Type: X amount as a % of total legal costs
  • Recoveries: By In-House, External Counsel by currency amount
  • Outside Counsel Evaluations: Use of KPIs for Law Firm Performance Ratings

About the Presenters

Bill Novomisle
Director of Legal Operations at Cresco Labs
An experienced legal operations director and attorney specializing in delivering cost savings and efficient legal service delivery through process optimization, data-supported decision making and technological innovation.

Magen McClintock
Procurement Strategist at KeyBank
Senior Legal Operations Specialist

Marcelo Peviani
Director of COE Transactions, Technology and Operations at Lenovo
I have spearheaded the creation and deployment of Lenovo’s Legal transactions / commercial contracting team (Legal Center of Excellence), a global group of talented and diverse legal professionals ahead of all business contracts.

Monique White
Senior Director
I am Monique White. As part of the Strategic Advisory practice group, I put my extensive operations and risk management experience to work to transform Legal and Compliance teams into forward-thinking, forward-learning organizations.