The legal aspects of doing business have never been more important, whether that’s informing an organisation’s strategy or executing day-to-day tasks. Business’ legal functions are facing increased demands from all angles, and often while needing to deliver more cost effectively, with increased visibility and controls around risk and governance.
Transforming the legal function means prioritising what matters, optimising the team’s capacity, and evolving with the digital age so that it can provide support in new and more creative ways. KPMG has a dedicated team that is focussed on helping legal functions transform and assist in achieving operational excellence.
Legal transformation can be a daunting journey.
It can be challenging to get business buy in, budget and a clear articulation of the return on investment transformations can provide. Whether an organisation is looking to take the first steps towards enhancing current operations, or if it’s looking to undertake an extensive transformation, KPMG can help.
Legal operational health check, benchmarking and optimisation
Transforming a legal function should start with a health check to understand the areas where there is scope for improvement and uncover any quick wins. A health check could include reassessing resourcing in terms of how, where and when you should buy in legal support, or optimising processes to enable better distribution of time and effort.
Full operating model redesign and implementation service
If a business is considering aligning the legal department more closely with its business strategy, KPMG can offer a full analysis, redesign and implementation service for the legal function’s operating model. This service provides full transformation across the six core areas of the legal operating model – structure, processes, resourcing, people, performance and technology.
Legal technology design and implementation
To support a transformation journey, businesses may need to implement some standard technologies, such as better matter management or contract automation. KPMG can support a business in selecting the right vendors and with the design and implementation of the chosen technology. We recommend looking at process optimisation before considering a technology upgrade.
Access to temporary legal talent
When a business needs additional legal support, whether it’s for a set period of time or to deal with a particular project, KPMG Flex for Legal offers access to screened and qualified legal talent on demand.
Legal team structure review and redesign
As the business world becomes increasingly connected and agile working becomes the new normal, reviewing and redesigning the legal structure within a business and resource is high on the agenda. We can help weigh up factors such as whether the current business model is centralised or decentralised through to the shape of the team.
Contract lifecycle management (CLM)
For businesses that experience high volumes of contracts, we offer a full lifecycle management. We help standardise and digitise the contract estate, contracting processes and choose the most appropriate CLM technology. Once the technology has been procured, we can design and implement the system, including automating contracts.
Cost and process optimisation
To ensure the most cost-effective and efficient ways of working, the legal function needs to be clearly mapped and processes articulated. Our approach is to work with a business to assess and redesign the legal function’s operations to develop a best in class approach for core and support processes. Before implementing new technology, we recommend optimising contracting processes.
Managed legal services
There are some portfolios of work that need access to legal counsel, but businesses want the process done as efficiently as possible, at a predictable price and with minimal fuss. We can set up and run a managed legal service applying the right amount of legal oversight with smarter process and technology and report back any outliers or improvement opportunities to the business.
Productised legal solutions
KPMG’s legal technologists work with our leading lawyers to capture their expertise in smart, easy-to-use apps that save time and money. These apps also allow a business to track its progress over time and provide rich data.
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