Ivana Kovacevic, the group general counsel of Australian gaming, wagering and media company Tabcorp, firmly advocates the benefits of legal tech. One of Kovacevic’s key tips for general counsel keen on garnering support for legal tech in their corporations is the introduction of eSignatures. This simple yet effective tool has brought about significant improvements across businesses by streamlining the signing of agreements, saving precious resources on time and money.
The eSignature application, DocuSign, plays out as an ideal example. This cutting-edge software, as noted by Kovacevic, not only optimizes various internal processes but it also allows in-house counsel to focus on tasks with higher added value. Consequently, enhancing the overall efficiency of businesses.
Legal technology, according to Kovacevic’s insight, is evidently not a fad. Rather, it’s an indispensable tool that alters the traditional norms of in-house counsel, fostering an environment that actively promotes time and cost efficiencies. Understandably, the potential to be harnessed through legal tech applications, such as eSignatures, is immense, paving way for a broadly digital-oriented occupational scenario that is reflective of the modern day and age.
To better appreciate Ivana Kovacevic’s perspective on why embracing legal technology is a cardinal move for corporations in the present context, feel free to explore her full views via this link to Law.com’s article.