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17 June 2020
Issue: 7891 / Categories: Legal News , Profession , Technology
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NLJ this week: Smart business for LegalOps (iManage RAVN)

LegalOps is emerging as a key concern for in-house lawyers, and could be a prime opportunity for law firms

Writing in this week’s NLJ, iManage RAVN global legal practice director Stephanie Vaughan notes that Legal Operations has, historically, not been the main focus of in-house legal departments and most don’t have bodies dedicated to this function. However, Vaughan writes, ‘a variety of factors―from an evolving risk landscape to the emergence of new forms of technology like AI―are conspiring to push it to the forefront’.

This means law firms have an opportunity to offer LegalOps-related services to in-house legal departments, strengthening their standing with clients as strategic partners and trusted advisors. Vaughan shares some advice and guidance here.

Issue: 7891 / Categories: Legal News , Profession , Technology
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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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