What is Legal Digital Benchmarking?


Digitalization and COVID have changed the role of Legal permanently. Companies are now in survival mode, challenging habits, collaboration practices, and competencies.

The legal function will have to transform its service portfolio to cater to new, adaptive, and fluid relationships and deliver legal advice, reviews, and contracts at a much faster pace than before. New digitalized legal processes must be embedded in marketing processes even more tightly as value promises change with sales and services because of digital commerce and relationship management, respectively.

Digital Enterprise Evolution Model™ - Legal

Legal Evolution Curve

Copyright © 2020 Trianz

Digital Benchmarking of Legal is a survey driven process through which we help legal leaders measure their competitive positioning on the legal digital continuum by comparing their capabilities quantitatively against peers within the industry and digital champions worldwide.

Benchmarking the digital maturity of legal reveals insights that help in strategic prioritization and allocation of resources in a time of rapid change and challenging constraints.

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Business Capabilities


Litigation Management

Litigation Management

IP Assets Management

IP Assets Management

Contracts and Vendors Management

Contracts and Vendors Management

Compliance Management

Compliance Management

Audits and Reporting

Audits and Reporting

Risk and Crisis Management

Risk and Crisis Management

International Law Management

International Law Management

Legal Research

Legal Research (e-discovery)

Legal IT Capabilities


Predictive Coding Tool

Predictive Coding Tool

Legal Analytics IP

Legal Analytics IP

Compliance and Contracts

Compliance and Contracts

Cloud Adoption

Cloud Adoption

Our Legal Digital Benchmarking Data and Research Capabilities


Our benchmarking services are powered by one of the world’s largest databases with over 1.5 million datapoints collected from 5,000+ companies. The Trasers Legal database has data spanning digital transformation definitions, status, visions, strategies, technology investments, SW platforms, leadership, and organizational change. Within Legal, our data spans the following.

Our Legal Digital Transformation Data

Digital Transformation Data

Source: Trasers

In addition to this large and growing database, Trasers has access to leaders across thousands of companies from various industries, size segments and geographies worldwide. We use data for custom Legal research that addresses company and industry-specific questions.

Know the Digital Competitiveness of Legal Within Weeks


Our benchmarking process is a combination of digitally collected data and interviews with legal leaders in your organization and IT department supporting Legal. Also, we partner with you to identify global peers and best-in-class against whom you would like to benchmark.

We enter your data in the Trasers repository and analyze it against peer companies and leaders across industries. From data collection to conducting personalized workshops, our end-to-end process takes 6-10 weeks, depending on your organization’s size and complexity.

Benchmarking Engagement Approach & General Timelines

Know your digital maturity within weeks

Source: Trasers

Benchmarking provides you insights on your maturity on a standalone basis and competitive gaps at a sub-function and at an overall level in the following areas:

Process digitalization

Legal Process Digitalization

Data and analytics

Legal Data and Analytics

Applications portfolio

Legal Applications Portfolio

Cloud Adoption

Legal Cloud Adoption

Advanced technologies

Advanced Technologies and Legal Use Cases - AI, ML, Automation, VR, IoT, Robotics, etc.

Training and Change Management

Training and Change Management

Organizational Models

Organizational Models

Prioritize Your Legal Transformations Confidently with Digital Benchmarking Insights


Let’s face it - the reality of digitalization has dawned on all of us. However, given COVID-19 and the recessionary environment, legal budgets are limited, teams are stretched, and it is critical to get things right the first time. When you don’t succeed in the new, shrinking windows of opportunity, it impacts the entire company’s ability to survive.

The most successful legal leaders are data-driven; almost all of them use insights from data to prioritize their digital transformations. Legal benchmarking helps you gain much-needed clarity on the gap between you and your competition, develop your vision and strategic priorities to catch up, or leap ahead.

Our teams then help legal leaders through tailored workshops and rapid, iterative sessions to develop prioritize transformation blueprints, roadmaps, business cases, and ROI analyses to transition quickly into action.

 

Use of Data and Analytics by Digital Champions

Source: Trasers

Experience the Trianz Difference

Trianz enables digital transformations through effective strategies and excellence in execution. Collaborating with business and technology leaders, we help formulate and execute operational strategies to achieve intended business outcomes by bringing the best of consulting, technology experiences and execution models.

Powered by knowledge, research, and perspectives, we enable clients to transform their business ecosystems and achieve superior performance by leveraging infrastructure, cloud, analytics, digital, and security paradigms.

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State of Digital Transformation
Worldwide 2020 Report

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