acc legal operations 121 organizations october 26 to

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ACC LEGAL OPERATIONS Who Uses What Legal Technology? SURVEY HIGHLIGHTS This page presents the percentage of participating organizations that use each of the 26 legal technology areas listed. PARTICIPANT POOL: 121 Organizations SURVEY PERIOD: October 26 to December 9, 2020 Developed in collaboration with the ACC Legal Operations Tools & Technology interest group SCOPE: 26 legal technology areas analyzed eSignature Legal Hold Knowledge Management Software eBilling Legal Research Services Records Management Matter Management Board Portals Compliance Office Business Intelligence (BI) Online Virtual Data Room Repositories Remote Connectivity Survey/ Information Gathering eDiscovery: Review/ Production eDiscovery: Identification/ Preservation/ Collection Integration Contract Management Document Comparison eDiscovery: Processing/ Analysis Workflow Artificial Intelligence (AI) Document Management Corporate Secretary Project Management Software IP Management Patent Search Used for electronic sending, signing and managing of agreements. Used to automate and manage the entire process of legal hold notifications, and supports tracking of responses, interviews, reminders, and escalations. Used to identify, save and index prior work product and knowledge, to be used as a resource for future matters and projects. Used to manage and track legal matters, day-to-day matter work and matter budgets. Collaborative software solutions that help manage and distribute board meeting materials as well as facilitate corporate leadership communication. Used for policy, risk, incident and procedure oversight and management. Used to gather and analyze data about your legal functions. It typically provides dashboard, report creation, or other methods to represent data in various formats. Used as part of due diligence and acquisition activities to allow the secure exchange of information between the parties. These allow users to communicate and access the systems they need when not physically in the office. Used to collect information from specific groups of respondents, and usually feature software assistance throughout the process, from creation through results analysis. Used to support review and production of electronic discovery in legal functions. Used to identify, preserve, collect, analyze, process and/or review data for discovery in legal proceedings and support the phases of the Electronic Discovery Reference Model. Used to provide a way to connect and manage software applications and automate a variety of critical business processes. Used to electronically submit and review invoices from outside counsel or other external entities over the internet to organizations and support the processing of invoice payments electronically. These assist attorneys and paralegals research case law, statutes and regulations. Used to manage your inventory of records. Typical items tracked include paper records, tapes, electronic media and electronic data. Items tracked can be onsite or offsite depending on the tool in use. Used to support contract lifecycle management, including requesting, authoring, negotiating, approving, signing, analyzing and storing contracts. Used to identify changes between two versions of the same document for the purposes of document editing and review. Used to support processing and analysis of electronic discovery in legal functions. Used to automate business processes. Used to discover and communicate meaningful patterns in data, and is most commonly used in due diligence, compliance, and contract and document management. Used to manage, track and store digital documents and email, and reduce paper. Used to manage board governance cycles including online board books, event scheduling, collaboration and reporting. Tools designed to assist a project manager in developing a schedule, assigning resources to tasks, tracking progress, managing budgets, and analyzing workloads. Used to track and manage IP portfolios (Patents and Trademarks), provide deadline and docketing support, which incorporates workflow for proper IP management and process annuity payments. Patent research and analytics platform which provides access to published patents and scientific literature worldwide. 50.5% 56.8% 42.3% 53.2% 41.4% 52.3% 40.5% 52.3% 38.7% 37.8% 76.6% 68.5% 65.8% 61.3% 61.3% 56.8% 34.2% 28.8% 34.2% 27.0% 30.6% 24.3% 28.8% 20.7% 20.7% 17.1% 1 7 17 2 8 18 3 9 19 13 23 5 11 21 15 25 4 10 20 14 24 6 12 22 16 26

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ACC LEGAL OPERATIONS

Who Uses What Legal Technology?SURVEY HIGHLIGHTSThis page presents the percentage of participating organizations that use each of the 26 legal technology areas listed.

PARTICIPANT POOL:121 Organizations

SURVEY PERIOD: October 26 to December 9, 2020

Developed in collaboration with the ACC Legal Operations Tools & Technology interest group

SCOPE: 26 legal technology areas analyzed

eSignature

Legal Hold

Knowledge Management Software

eBilling

Legal Research Services

Records Management

Matter Management

Board Portals

Compliance Office

Business Intelligence (BI)

Online Virtual Data Room Repositories

Remote Connectivity

Survey/Information Gathering

eDiscovery: Review/Production

eDiscovery: Identification/Preservation/ Collection

Integration

Contract Management

Document Comparison

eDiscovery: Processing/Analysis

Workflow

Artificial Intelligence (AI)

Document Management

Corporate Secretary

Project Management Software

IP Management

Patent Search

Used for electronic sending, signing and managing of agreements.

Used to automate and manage the entire process of legal hold notifications, and supports tracking of responses, interviews, reminders, and escalations.

Used to identify, save and index prior work product and knowledge, to be used as a resource for future matters and projects.

Used to manage and track legal matters, day-to-day matter work and matter budgets.

Collaborative software solutions that help manage and distribute board meeting materials as well as facilitate corporate leadership communication.

Used for policy, risk, incident and procedure oversight and management.

Used to gather and analyze data about your legal functions. It typically provides dashboard, report creation, or other methods to represent data in various formats.

Used as part of due diligence and acquisition activities to allow the secure exchange of information between the parties.

These allow users to communicate and access the systems they need when not physically in the office.

Used to collect information from specific groups of respondents, and usually feature software assistance throughout the process, from creation through results analysis.

Used to support review and production of electronic discovery in legal functions.

Used to identify, preserve, collect, analyze, process and/or review data for discovery in legal proceedings and support the phases of the Electronic Discovery Reference Model.

Used to provide a way to connect and manage software applications and automate a variety of critical business processes.

Used to electronically submit and review invoices from outside counsel or other external entities over the internet to organizations and support the processing of invoice payments electronically.

These assist attorneys and paralegals research case law, statutes and regulations.

Used to manage your inventory of records. Typical items tracked include paper records, tapes, electronic media and electronic data. Items tracked can be onsite or offsite depending on the tool in use.

Used to support contract lifecycle management, including requesting, authoring, negotiating, approving, signing, analyzing and storing contracts.

Used to identify changes between two versions of the same document for the purposes of document editing and review.

Used to support processing and analysis of electronic discovery in legal functions.

Used to automate business processes.

Used to discover and communicate meaningful patterns in data, and is most commonly used in due diligence, compliance, and contract and document management.

Used to manage, track and store digital documents and email, and reduce paper.

Used to manage board governance cycles including online board books, event scheduling, collaboration and reporting.

Tools designed to assist a project manager in developing a schedule, assigning resources to tasks, tracking progress, managing budgets, and analyzing workloads.

Used to track and manage IP portfolios (Patents and Trademarks), provide deadline and docketing support, which incorporates workflow for proper IP management and process annuity payments.

Patent research and analytics platform which provides access to published patents and scientific literature worldwide.

50.5%56.8% 42.3%53.2% 41.4%52.3% 40.5%52.3% 38.7% 37.8%

76.6% 68.5% 65.8% 61.3% 61.3% 56.8%

34.2% 28.8%34.2% 27.0%30.6% 24.3%28.8% 20.7% 20.7% 17.1%

1

7

17

2

8

18

3

9

19

13

23

5

11

21

15

25

4

10

20

14

24

6

12

22

16

26

eSignature ToolsDocusign

eBilling ToolsThomson Reuters Legal Tracker

Remote Connectivity ToolsMicrosoft Teams

Document Management ToolsMicrosoft SharePoint

Legal Hold ToolsZapproved Legal Hold Pro

Legal Research Services ToolsWest Practical Law

Contract Management ToolsDocusign

Board PortalsDiligent Boards Document

Comparison ToolsMicrosoft Word

Survey/Information Gathering ToolsSurvey Monkey

Corporate Secretary ToolsDiligent Boards

Most Common Tool Used in Each Technology Area

Business Intelligence (BI) ToolsPower BI

Workflow ToolsMicrosoft Office 365

eDiscovery: Identification/Preservation/Collection ToolsMicrosoft Office 365 eDiscovery

IP Management ToolsAnaqua

Knowledge Management Software ToolsMicrosoft SharePoint

Records ManagementMicrosoft Excel/Iron Mountain Policy Center/iManage Govern

Compliance Office ToolsNavex Ethicpoint

eDiscovery: Processing/Analysis ToolsRelativity

eDiscovery: Review/Production ToolsRelativity

Project Management SoftwareMicrosoft Project

Online Virtual Data Room RepositoriesIntralinks Dealspace/ Merrill Data Site

Artificial Intelligence (AI) ToolsRelativity

Integration ToolsAPI

Patent Search ToolsDerwent Innovation/Questel

DOWNLOAD THE FULL REPORT AT: acc.com/legalops-techsurvey21

For questions about the survey or to learn more about ACC’s Research and Benchmarking offerings contact: [email protected] or visit acc.com/benchmarking

For questions about ACC Legal Operations contact: [email protected] or visit acc.com/legalops

Matter Management ToolsThomson Reuters Legal Tracker