TLT launches new technology solution to support in-house legal teams
UK law firm TLT has launched a new online platform to help in-house legal teams manage, prioritise, automate and analyse their work, gathering valuable data to improve business performance.
The new solution, TLT Concierge, streamlines workflow between a business unit and its in-house legal function. TLT Concierge makes it easier for people to contact their legal team, submit requests for work and track its progress, create and review legal documents and capture data.
The data captured by the platform gives in-house teams a better view of the way the business interacts with them, allowing them to improve processes, proactively solve problems and be strategic partners as well as service providers – all helping to demonstrate the legal teams’ value.
TLT Concierge offers users self-service functionality, empowering the business to draft documents using automation tools based on TLT assured templates and playbooks; review third party contracts using artificial intelligence; find answers to commonly asked legal questions; and access knowledge and data, as well as other automated processes. This efficient workflow frees up in-house lawyers to focus on result-driven and strategic work to support their businesses with key objectives.
The solution can be adapted to suit the needs and budgets of different businesses.
James Touzel, head of FutureLaw said: “Being able to demonstrate value to their stakeholders is one of the biggest challenges currently facing in-house legal teams. Moving from managing risk to creating value involves strategic thinking and intelligent technology. It means changing the way things are done. Data analysis and document and workflow automation are just some of the tools that can be implemented by in-house teams to move them forward to create real commercial value for their organisations.
“We designed TLT Concierge after extensive consultations with our clients, and are delighted to provide a technology solution to help meet their needs, keeping them a step ahead. Ultimately we want to help them achieve their business objectives and be ready for what comes next.”