Title: Insights from the 2021 LDO Index: The trends driving increased sophistication and digitalization in the modern law department
In this webinar we take you through the latest trends that we saw in the sixth edition of the Thomson Reuters Legal Department Operations (LDO) Index. As organizations large and small experienced a challenging year, we saw law departments seek to maximise their potential in three crucial areas: spend, technology and legal operations.
The LDO Index 2021 highlights how law departments have increased the use of legal technology, became more sophisticated in managing legal spending, and followed a corporate focus on ESG to significantly increase the requirement of diversity information from outside counsel.
In this conversational webinar, Gina Jurva and Carly Toward, will be joined by legal department leaders, and the group will reflect on the major findings of the LDO Index 2021.You will gain insight into how to benchmark your law department performance against your peers and gain an understanding of key practices enabling you to better control costs, drive efficiencies and optimize your law department effectiveness.
Key takeaways include:
- How and why spend management sophistication is a key differentiator for law departments
- How technology adoption is crucial in the way law departments pivoted in response to the pandemic
- The major trends that have driven the overwhelming growth of legal department operations.