In today's fast-paced corporate environment, in-house counsel face numerous challenges that can hinder their ability to provide efficient and effective legal support to their organizations. One of the major hurdles encountered is the need to juggle multiple tasks and topics simultaneously or operational efficiency. In-house counsel must be able to quickly shift back and forth between different subjects – such as risk management, compliance monitoring, contract management, and regulatory developments – ensuring that they can handle whatever legal matters cross their office thresholds. This constant juggling act requires them to have access to innovative solutions that can enhance their work and enable them to navigate the complex legal landscape confidently.
Old habits are hard to break.
It's understandable. Change can be difficult. That doesn't mean it's not worth it. Think back to law school where spending hours conducting in-depth research was mandatory. Fast forward to now when time is a limited commodity. In-house counsel faces the challenge of balancing what they were taught then with the need for efficient and effective legal support that their organizations require now. While they can conduct extensive research, it's important to recognize there are options beyond traditional research methods at their disposal. They can leverage those solutions to streamline the research process and allow them to focus on other critical tasks, without compromising the quality of the information.
Just like Kodak® revolutionized photography by simplifying the process – who can forget their tagline "You push the button, we do the rest." – VitalLaw for Corporate Counsel simplifies legal research providing in-house counsel fast, trustworthy answers and solutions to address their legal challenges and questions. In a world where time is a precious resource, VitalLaw allows in-house counsel to "push the button" and quickly obtain the information they need without having to spend hours conducting exhaustive manual research.
Trends driving speed and accuracy.
The current trends in the legal industry further highlight the need for a solution like VitalLaw for Corporate Counsel. Operational efficiency is ranked as the top strategic initiative for law departments, with 40% of chief legal officers (CLOs) considering it their department's top priority. VitalLaw can greatly contribute to operational efficiency by providing quick and reliable answers to support all legal initiatives. It helps in-house counsel streamline their processes, reduce time spent on research, and focus on more strategic tasks.
Additionally, risk management is a critical aspect for corporate law departments. With escalating digital risk and increasing regulations, legal department leaders expect risk to increase in the coming year. VitalLaw for Corporate Counsel can assist in-house counsel in mitigating risk by providing comprehensive and up-to-date legal information. It enables proactive compliance monitoring and helps in-house counsel stay updated with regulatory developments. By having access to actionable insights through VitalLaw, in-house counsel can ensure compliance assurance and effectively manage legal risks.
VitalLaw for Corporate Counsel is the strategic partner that in-house counsel needs to navigate today's complex legal landscape. It provides reliable answers quickly to support all legal initiatives, ensuring that in-house counsel has the information they need to make informed decisions and drive their organizations forward. By simplifying legal research and information gathering, VitalLaw empowers in-house counsel to overcome the challenges they face and find efficient solutions to their legal needs. With VitalLaw for Corporate Counsel, you get the trusted information you need quickly, enabling operational efficiency, effective risk management, and compliance assurance.