ABOUT
I am a practising lawyer with over 10 years experience in the commercial sector. At Your Legal Tech Solutions, I focus on transforming commercial legal operations using suitable technology. My approach is to combine software implementation with practical workflows to help you reduce risk, increase efficiency, and ultimately improve your organisation’s ability to deliver on its legal requirements.
Please get in touch if you’d like to book a free, no obligation consultation to discuss how you can improve your legal or administrative functions.
Ross Murchison
I am an independent advisor and not affiliated in any way with any software companies.
For additional information, check out the following challenges & impacts I help tackle:
1. Inefficient Manual Processes:
Legal teams regularly rely on emails, spreadsheets, and paper-based workflows, leading to delays and errors. Lawyers spend 25-40% of their time on non-legal tasks, wasting valuable resources.
Impact: Reduced efficiency, higher turnaround times, and misallocated legal expertise.
2. Lack of Standardisation:
Inconsistent use of templates and clauses increases risks, disputes, and compliance issues. Developing standardised templates is crucial but often overlooked.
Impact: Legal uncertainties, inconsistent contract terms, and increased liability.
3. Poor Visibility & Tracking:
Poorly managed and stored contracts make retrieval difficult, while inadequate tracking of key dates results in missed renewals and breaches.
Impact: Financial losses, lost opportunities, and compliance risks.
4. Limited Collaboration & Communication:
Departments such as legal, procurement, and finance struggle with inefficient approval processes due to poor communication and the absence of centralised platforms.
Impact: Delays, stakeholder friction, and disputes.
5. Difficulty Managing Contract Changes:
Tracking amendments and ensuring parties stay informed is challenging. Manual contract review takes lawyers an average of 92 minutes, compared to 26 seconds with AI.
Impact: Non-compliance, financial discrepancies, and contractual misalignment.
6. Compliance & Risk Management Gaps:
Staying updated with regulatory changes is critical. Failure to do so results in penalties, reputational damage, and legal exposure.
Impact: Financial and legal repercussions, increased organisational risk.
7. Slow Technology Adoption:
When adopting legal technology tools, businesses face barriers like risk aversion and resistance to change. When researched and implemented correctly, legal technology solutions will enhance efficiency, improve visibility, and mitigate risks.
Impact: Higher costs, inefficiencies, and missed opportunities for automation.
Business Consequences:
The above stated impacts all contribute to limiting the success of a business. I will help identify technology solutions that reduce or avoid these impacts. Get in touch now for a free consultation to understand how I can help your business.
Contact
Interested in working together? Fill out some info and I will be in touch shortly.
Alternatively, email me at ross@yourlegaltechsolutions.com