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XAKIA BLOG

Vexed by Budget Uncertainty? When – and How – to Use Fixed Fees

October 10, 2018 Jodie Baker
Lurking in every Legal Department budget is a giant uncertainty: the outside counsel spend. According to Altman Weil’s Chief Legal Officer Survey, law firms account for 49.3 percent of legal budgets...
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Guest Post: Three Elements Critical for Managing External Spend

September 26, 2018 Nathan Wenzel, SimpleLegal CEO
The unpredictability of legal activity has been the top reason in-house teams struggle to accurately predict legal spend. But, this is changing, especially with the rise of legal operations. Legal...
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The Data-Driven Legal Budget

September 12, 2018 Jodie Baker
Use Legal Data to Improve Your Budget - and Strategy.   It’s not uncommon for the annual budget process to be the only time a Legal...
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Budget Benchmarks: Where do you Stand?

August 28, 2018 Jodie Baker
Budget season approaches – and soon it will be time to turn your attention from the law to the ledger. According to Audit Analytics,...
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Measuring Legal Tech ROI

August 13, 2018 Jodie Baker
On its face, ROI seems pretty straightforward – a basic math equation that determines the ratio between an investment’s profit and its cost. But with legal technology, this can get a little nebulous:...
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LegalTech by the Numbers: In-House Lawyers Share Wants, Needs and Pain Points

July 31, 2018 Jodie Baker
Since Xakia launched the Legal Operations Health Check, in-house counsel on five continents have completed the online assessment. Two months later, their responses provide a quantitative look at the...
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Success Factors for Implementing LegalTech

July 12, 2018 Jodie Baker
Most legal departments will invest in new technology projects this year – but a significant portion of those might be doomed to fail. Indeed, as Forbes reported, 25 percent of technology projects...
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Legal Tech & Small Departments

June 27, 2018 Jodie Baker
The LegalTech revolution seems to favor larger departments – though it’s teams of 10 lawyers or fewer who stand to benefit the most from the time savings it promises. On average, 57.6 percent of law...
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Workflow Management: Critical Issues

April 20, 2018 Jodie Baker
Feats, Failures and the Critical Conversation You’re Not Having Since we launched Xakia’s Legal Operations Health Check earlier this month, we’ve enjoyed studying the responses and patterns from the...
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Advancing Strategy or Fighting Fires?

March 28, 2018 Jodie Baker
How Data Can Align Your Department with Business Goals   Companies that include the legal function in corporate strategy can achieve long-term competitive advantage and even higher stock market...
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What CEOs Want from Legal Departments

February 20, 2018 Jodie Baker
Legal operations is based on the honorable goal of optimizing legal services delivery. Some of the more left-brained among us may be passionate about efficiency for efficiency’s sake. But there are...
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Easy, high impact change for 2018

January 5, 2018 Jodie Baker
The new year brings a prime opportunity to pursue positive change. And while we can’t deliver washboard abs or freedom from junk food, Xakia can fulfill more meaningful resolutions: Our software can...
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How do legal teams define value?

March 2, 2017 Jodie Baker
Commentary regarding the need for legal teams to demonstrate their value has been plentiful. In this article, we consider what the ‘value’ added by a corporate legal team looks like, and how is it...
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