CLMRX16: Data-Driven Decision-Making in Legal Operations with Laurie Ehrlich
Description
In this conversation, Laurie Ehrlich shares her journey in the legal operations field and her experience implementing technology in the contracting process. Laurie also discusses the development of playbooks and the use of data to drive decision-making and process improvement. She highlights the need for tools that can extract relevant information from contracts and streamline the contract review process. Overall, Laurie's approach is focused on efficiency, automation,and data-driven decision-making. Laurie discusses her experience with data-driven legal operations and the importance of using data to tell a story and make informed decisions.
Chapters
00:00 Introduction and Background
01:30 Laurie's Career Journey
03:17 Transition to Legal Operations and Process Improvement
08:14 Importance of Playbooks and Process Documentation
14:58 Translating Contracts and Operationalizing Agreements
21:35 The Value of Playbooks in CLM Implementation
28:25 Reducing Task Switching and Streamlining Contract Review
33:53 Data-Driven Decision-Making and KPIs
35:58 The Power of Data in Legal Operations
38:03 Improving Contract Processes with Data
40:11 Data-Driven Security Breach Response
46:10 Selecting the Right CLM Tool
01:00:38 Empowering Legal Professionals with Technology
For more great lessons from the field, and all the CLM content, connect with us here:
- The CLM Rx Book
- The CLM Rx YouTube Channel
- The CLM Rx LinkedIn
- Kami Paulsen LinkedIn
- Laurie Ehrlich LinkedIn
If you implement Contract Lifecycle Management Software ("CLM"), have purchased CLM, are considering purchasing CLM, or expanding your existing CLM footprint, this channel is for you! Kami speaks to CLM practitioners, CLM Vendors, and visionaries on the most pressing topics in the space. She shares practical advice based on her 15 years implementing various CLM software tools for organizations of all sizes, in every vertical.