Wolters Kluwer ELM Solutions experts share change management strategy expertise in new podcast

Rhea-AI Summary

Wolters Kluwer ELM Solutions recently released the second episode of its podcast series, Legal Leaders Exchange, focusing on effective strategies for managing change in corporate legal departments. Experts Alyza Tarmohamed and Vince Venturella emphasize the importance of change management for successful legal operations. They discuss overcoming resistance to change, establishing trust, and maximizing team effectiveness during transitions. The podcast aims to optimize legal operations by leveraging insights from the LegalVIEW® Data Warehouse, which holds over $140 billion in legal spend data.

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• Wolters Kluwer ELM Solutions is recognized for its comprehensive suite of tools aimed at increasing operational efficiency and reducing costs in corporate legal departments.
• The company holds the industry’s largest legal spend database with over $140 billion in invoices.
• The Legal Leaders Exchange podcast series provides valuable insights into optimizing legal operations.

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• None.

Second episode explores strategies for keeping legal operations programs up to date

HOUSTON--(BUSINESS WIRE)-- Keeping legal operations programs up to date necessitates the implementation of new technologies and processes. But it is how firms handle those transitions that makes or breaks a new initiative designed to improve corporate legal department performance. That’s according to experts from Wolters Kluwer ELM Solutions, sharing their insights in the second episode of the company’s recently launched podcast series, Legal Leaders Exchange.

In this episode Alyza Tarmohamed, ELM Solutions’ General Manager for LegalVIEW® BillAnalyzer, and Vince Venturella, Associate Director of Technology Product Management, examine strategies to effectively work through change in the legal department. Topics up for debate include:

• Why change management is so critical to success and why it can be difficult
• The key best practices of change management
• How to maximize the effectiveness and efficiency of your team throughout a transition
• Overcoming resistance to changing the way things have always been done
• Establishing trust among users and leaders

Legal Leaders Exchange was created to deliver insights on optimizing legal operations for corporate legal and insurance claims professionals. Listeners can subscribe to Legal Leaders Exchange episodes from the leading podcast platforms, including Apple Podcast, Spotify, Google Podcast, Amazon / Audible.com and iHeart Radio. The podcast show is the latest in a series of 2021 thought leadership media including blogs, webinars and other platforms leveraging information from ELM Solutions’ LegalVIEW® Data Warehouse – the most comprehensive legal spend database in the world with more than $140 billion in invoices.

ELM Solutions, part of Wolters Kluwer’s Governance, Risk & Compliance division, is the market-leading global provider of enterprise legal spend and matter management, contract lifecycle management and legal analytics solutions. The company provides a comprehensive suite of tools that address the growing needs of corporate legal operations departments to increase operational efficiency and reduce costs. Corporate legal and insurance claims departments trust its innovative technology and end-to-end customer experience to drive world-class business outcomes. The other legal solutions business of Wolters Kluwer GRC is CT Corporation.

Wolters Kluwer ELM Solutions was named a leader in both the IDC MarketScape: Worldwide Enterprise Legal Spend Management 2020 Vendor Assessment and IDC MarketScape: Worldwide Enterprise Matter Management 2020 Vendor Assessment. The company’s award-winning products include Passport®, one of the highest rated ELM solutions in the latest Hyperion MarketView^™ Legal Market Intelligence Report and TyMetrix® 360°, the industry’s leading SaaS-based e-billing and matter management solution. CLM Matrix, meanwhile, was named a “strong performer” in The Forrester Wave™: Contract Lifecycle Management For All Contracts, Q1 2021 report. ELM Solutions’ LegalVIEW® portfolio of legal analytics solutions is based upon the industry’s largest and most comprehensive legal spend database, with more than $140 billion in invoices

About Wolters Kluwer Governance, Risk & Compliance
Governance, Risk & Compliance is a division of Wolters Kluwer, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.

Wolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2020 annual revenues of €4.6 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,200 people worldwide.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211019005095/en/

Media Contact for Wolters Kluwer GRC

(including Wolters Kluwer ELM Solutions and Wolters Kluwer CT Corporation)

Paul Lyon

Global Corporate Communications Director

Governance, Risk & Compliance Division

Wolters Kluwer

Office +44 20 3197 6586

Paul.Lyon@wolterskluwer.com

Source: Wolters Kluwer

FAQ

What is the focus of the second episode of Legal Leaders Exchange by WTKWY?

The second episode focuses on strategies for managing change in corporate legal departments.

Who are the experts featured in this episode of Legal Leaders Exchange?

Experts Alyza Tarmohamed and Vince Venturella discuss change management strategies.

What insights does the Legal Leaders Exchange podcast provide?

The podcast provides insights into effective change management practices and optimizing legal operations.

How much data does the LegalVIEW® Data Warehouse contain?

The LegalVIEW® Data Warehouse contains over $140 billion in legal spend data.

Why is change management important according to WTKWY's podcast?

Change management is deemed critical for success in improving corporate legal department performance.