Summize Legal Disrupters Digital Roundtable

Summize recently released the Legal Disrupters Report 2023, where we surveyed over 100 in-house legal professionals to understand their views on the current challenges and attitudes around digital transformation, workload, technology, and Contract Lifecycle Management (CLM).
We invited key experts from the industry to discuss the findings of the report in more detail, including:
- Marc May - Founder and Managing Editor at the Legal Technologist
- Martin Cotterill - General Counsel at Thought Machine
- Alice Stephenson - Founder and CEO of Stephenson Law
- Tobias Broda - Senior Vice President - EMEA Counsel at PTC
- Mariana Genton - Director of Legal at PTC
- Tom Dunlop - CEO and Founder at Summize
Chapters and timings:
04:15 The report found that 81% of legal professionals agree that basic tasks, such as simple contract reviews, dominate the in-house legal department’s daily workload, leaving no time for high-value, strategic work. Have you experienced this and how do you think it can improve?
14:50 Self-serve gives non-legal members the ability to create agreements within the organisation. From your own perspectives, how do you feel about self-serve?
26:00 From the report, we know that 74% of legal professionals agree that legal teams are behind other departments (such as sales, finance, and marketing) when it comes to digital transformation and technology investment. Why do you think those working within the legal department feel so far behind others?
42:53 Of those who took part in the survey for the report, 42% of them do not have a legal representative (such as a General Counsel or an equivalent position) on their organisation’s board. Why do you think legal team representatives are so often left off the board and what are the benefits of having someone from legal on the board? What more can legal teams do to ensure they get that representation at board level?
53:13 The report also found that 75% of in-house legal professionals say the contract intake process is inconsistent and hard to manage. How can legal technology such as CLM solutions help solve this problem?
About Summize:
Learn more about Summize, your CLM with a difference. Summize is a Contract Lifecycle Management (CLM) solution that incorporates contract workflows into the tools you (and your business) already know and use every day.
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- Our website for product information, news and customer stories - bit.ly/3yMPkPV
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