Financial Times Honors DXC Technology and UnitedLex for Innovation in Legal Operations
Joint submission named category winner in 2022 FT Innovative Lawyers Asia Pacific Awards
Like many corporate legal functions, the contract risk review process at DXC was largely manual and involved lengthy reviews and approvals making it difficult to have a consistent approach and presentation.
The UnitedLex AsiaPac team of legal professionals led the creation of an online "Risk Assessment" platform to identify contract risks and route them to the appropriate approvers in a timely fashion. The platform enables an easy way for approvers to approve, reject, or query the risk using a color-coded severity scale. The data is gathered, collated and presented in real-time management reporting, saving time and resources.
The solution provides
“With the help of technology, it is our operational and performance-driven approach to digital transformation that is enabling achievements like this one,” said
"This FT award illustrates how DXC and UnitedLex’s unique partnership has enabled innovation in today’s legal department," said
"Our mission is to optimize Legal to accelerate business, and there's hardly a better example of that manifestation than this Risk Assessment/Approval platform," said
The Financial Times Asia Pacific Innovative Lawyers Awards explores key trends and transformations taking place in the legal sector. With thousands of submissions annually, it is one of the most prestigious awards platforms in the region. The Legal Operations category examines "ways in which legal operations have been transformed or enhanced, particularly through better processes or an improved use of technology and data."
About UnitedLex
UnitedLex is the go-to leader in optimizing legal and accelerating business through digital agility. The world’s most forward-thinking businesses, law departments, and law firms rely on the company’s expertise in over 25 global jurisdictions. Founded in 2006, the team includes 3,000 legal, engineering, and technology professionals with major operations in 18 countries.
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Source: UnitedLex