As CEOs face increasing pressure from boards and stakeholders to embrace digital initiatives that deliver more efficient operations and new revenue streams, it’s no surprise that corporate law departments are subject to similar demands to reduce costs, demonstrate digital readiness and innovation, and be fully accountable for their performance, just like any other business unit.

The challenge for GCs and CLOs is formidable, not least because the new focus on operational efficiency represents a major cultural shift for many law departments. The latest Altman Weil survey of CLOs reveals that they spend, on average, just 18% of their time actually managing the law department, even as they note that their CEOs and boards increasingly regard “supporting business objectives” as a vital measure of department performance. Perhaps it’s time for GCs and CLOs to give the very important work of managing the department higher priority, with the goal of becoming an integral part of the business that routinely demonstrates measurable value rather than operating in isolation.

To read more about the holistic approach for the future, visit Today’s General Counsel.

 

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David Carns

David Carns

Chief Revenue Officer

David Carns held the position of Casepoint’s Chief Revenue Officer from May 2010 to Mar 2023. He was responsible for sales, customer satisfaction, and implementing best practices. He brought over 24 years of litigation and technological experience supporting law firms and corporate clients.  Prior to joining Casepoint, David was the Director of Practice Technology at a top Am Law 100 firm located in Washington, DC. There he led a team of 16 individuals in their use of eDiscovery tools and techniques to reduce document review time and costs. David’s knowledge of law as a recovering attorney, technological expertise, and industry insights aided him in leading our company on its upward trajectory.

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