Digitization enables Legal Departments to better anticipate and manage the risks they face.
Anticipating risks is a major challenge for Legal Departments. Businesses face complex regulatory environments that can have significant financial and legal consequences if mismanaged. The best way to anticipate legal risks is to take a proactive and preventive approach. Legal risk management in a company involves the use of specialized software. Digitalization allows Legal Departments to better anticipate and manage the legal risks they face.
A dedicated software solution allows establishing processes for the verification and validation of contracts and legal documents, as well as for file and procedure management. The software helps legal departments manage risks related to procedures and legal compliance and offers an overview of the legal and regulatory obligations and responsibilities to which the company is subject.
The Legal Suite solution for contract management allows legal departments to better manage legal risks and easily manage all their contracts and contractual obligations. It provides an overview of all current contracts, contract terms and obligations, as well as automatic updates of information and notifications to relevant parties.
The Legal Suite solution for litigation management ensures the active and effective management of disputes and litigations of all types (commercial, arbitration, civil, administrative, criminal, labor, etc.). Thanks to the monitoring and retrieval of procedure history and establishing alerts, it guarantees an accurate analysis of the financial risks and costs of each case. Beyond the precise history of each case, the solution provides a global and relevant view of your risks, your challenges and the impact of your management.
The software improves collaboration between the various players of the company and contributes to identifying legal risks that may be present. It improves communication between a company's various departments and simplifies legal risk management processes. The software provides greater transparency and better information management, allowing legal departments to better understand and manage the legal risks they face.