According to Gartner, corporate legal departments (CLDs) are expected to triple their technology spend in the next three years. But getting the most out of existing technology is just as important as investing in shiny new tools—and perhaps more so. Many CLDs already have the legal ops technology they need, but don’t understand the full capabilities of their systems.
This isn’t expected to change. For technology focused on contract lifecycle management, for instance, Gartner estimates that CLDs will only capture 30% of the potential benefit in the years ahead.
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