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Other, PRACTICE LEAGUE LEGALTECH PVT. LTD.
“Integrated technology Platform"
PracticeLeague is continuously monitoring the movement of "The Evolving Role of General Counsels" worldwide with its decade of experience and from sources publishing similar facts and figures.
In 2018 outside (VC and PE) investments in legal technology finally exceeded $1 billion. 40% of the initial part of these investments took almost double the time than 60% that came in the last few years. Growth in adoption is showing healthy signs worldwide
PracticeLeague is also taking a close look at the relevance and significance of the process-related aspect of legal services and advisory. At a high level, it seems the community's focus on subject matter and effectiveness is making them oversee the importance of process. The process bit promises value to add like:
- Identifying, measuring and highlighting the strategic value add Legal brings on the table over the age-old perception of being perceived a support center
- Establishing the right perception of Legal being the 'growth enabler' over 'support function' with facts and figures captured as part of the processes
- A rational-legal budget commensurate to the value produced and promised over random thumb rules or numbers inferred with limited visibility
With the principles and tools in place, it will be easy to achieve the goals with strong participation of Legal champions like Payal Khanna, Associate Director-Legal at PepsiCo India Holdings Pvt. Ltd, Vaidehi Kamat, Head Legal at Piaggio Vehicles Pvt. Ltd, Anil PM, Bajaj and all the others who are on the PracticeLeague platform.