Globally legal services are undergoing incredible transformation with legal teams facing pressure to modernise in-house legal functions.
With the rising demand for smarter, better optimised legal functions legal departments had to evolve to adapt to challenges and an increasingly complex business environment, by adopting technology significantly earlier than anticipated and planned for.
In this fast- changing, tech-enabled environment, our highly experienced team of lawyers and legal professionals, are helping clients build a sustainable in-house legal department that delivers real value to the business. With our help, you’ll unlock value, create new ways of working and better manage your in-house legal department.
Challenges in-house legal teams are facing:
Legal Department Consulting - combines PwC consulting methodologies, business analytics and in-depth knowledge of the delivery of legal services to provide our clients with a structured approach to identifying, quantifying and sequencing improvement opportunities to optimise the legal function.
Tegal Technology Strategy - effective use of technology, particularly technology designed specifically for law departments (“LegalTech”), is critical for our clients to achieve efficiencies, adapt to evolving business demands, manage risk and ensure they have the data to make better decisions going forward.
Project Implementation and Legal Operations – once the strategy is in place, we can assist clients to operationalise it, whether that’s implementing new processes and LegalTech, facilitating the business to self-serve or providing the client with legal operations as a service.
Legal Management Services – our legal management services offering brings together the expertise of a law firm with best-in-class technology and process excellence, providing clients with an optimised service that acts as a seamless extension of its in-house legal team and can work either directly with the business stakeholders or sit behind the in-house legal team, helping get the relevant contracts and business as usual work done as efficiently as possible and freeing the business stakeholders up to work on more strategic matters.
Contract Remediation and Repapering - once a review is complete, there’s often more to be done; contracts may need to be repapered, novated, negotiated, terminated and so on. We can deploy a multi-disciplinary team of lawyers, technologists and project managers to run a business’s contract remediation projects from start to finish, using best in class technology and offshore delivery centres to ensure we balance quality with cost considerations.
Technology enabled Legal Due Diligence - Legal due diligence is a critical part of any M&A transaction. It needs to be done thoroughly and forensically, but also at an appropriate price point. Our team of specialist due diligence lawyers can provide you with a tailored, tech-enabled service and are experienced on both buy-side and sell-side on local and cross-border deals.
Sibongile Solombela
Director | Legal Business Solutions Leader, PwC South Africa
Tel: +27 (0) 60 850 3966