Legito PowerUp 2023

Feb 21, 2023 | Weekly Automation Corner

Legito PowerUp 2023

Charles Drayson

Feb 21 · 3 min read

If you haven’t seen it, we’ve posted a reminder for the Legito PowerUp 2023 conference – it’s in Prague on 15th June, and you can get your free tickets here. Last year was my first time at the Legito conference, and I’d like to share my experiences and encourage you to join us this year.

The Legito conference was also my first time in Prague. It’s a beautiful city to visit because it has all the attractions of one of Europe’s grand capitals, many within walking distance, and it’s all a short distance from the airport. Before and after the conference, we joined the delegates for social and tourist events – those occasions were a relaxed way to meet other Legito enthusiasts.

The conference is not a sales event. Most of the attendees are already customers. The goal is to build a community with people who rely on Legito to get work done and people with a vision to achieve more with digital transformation of back-office services. The sense of community is important – it adds something we cannot readily create from a website or 1:1 calls. To borrow the phrase often used by Seth Godin, it’s about “people like us do things like this” – Legito users are a tribe with a passion for adding value to their organizations using the power of technology, while recognizing the importance of human input. When we hear stories from peers, it reinforces the sense of optimism for what can be done, and it reminds us what can be achieved by just a few motivated people.

I particularly enjoyed the diversity of the countries represented by the delegates. At a time when there are problems with global supply chains, increasing geopolitical tension, and media focussing on domestic challenges, it’s good to see how much organizations still have in common across national boundaries.

If you attend this year, you will enjoy a full programme of speakers, but there is also a chance to attend focused workshops run by experienced Legito experts. Pick up tips, and meet people who you might want to work with in future deployments. Use the event to challenge or influence the thinking of Legito’s design team and hear their plans for continued enhancements. Legito will have representatives from each of the Legito global offices.

We all look forward to meeting old friends and new friends in June. Tempted? You can claim your ticket now. We are only four months away.

 

Legito PowerUp 2023

Charles Drayson

Feb 21 · 3 min read

If you haven’t seen it, we’ve posted a reminder for the Legito PowerUp 2023 conference – it’s in Prague on 15th June, and you can get your free tickets here. Last year was my first time at the Legito conference, and I’d like to share my experiences and encourage you to join us this year.

The Legito conference was also my first time in Prague. It’s a beautiful city to visit because it has all the attractions of one of Europe’s grand capitals, many within walking distance, and it’s all a short distance from the airport. Before and after the conference, we joined the delegates for social and tourist events – those occasions were a relaxed way to meet other Legito enthusiasts.

The conference is not a sales event. Most of the attendees are already customers. The goal is to build a community with people who rely on Legito to get work done and people with a vision to achieve more with digital transformation of back-office services. The sense of community is important – it adds something we cannot readily create from a website or 1:1 calls. To borrow the phrase often used by Seth Godin, it’s about “people like us do things like this” – Legito users are a tribe with a passion for adding value to their organizations using the power of technology, while recognizing the importance of human input. When we hear stories from peers, it reinforces the sense of optimism for what can be done, and it reminds us what can be achieved by just a few motivated people.

I particularly enjoyed the diversity of the countries represented by the delegates. At a time when there are problems with global supply chains, increasing geopolitical tension, and media focussing on domestic challenges, it’s good to see how much organizations still have in common across national boundaries.

If you attend this year, you will enjoy a full programme of speakers, but there is also a chance to attend focused workshops run by experienced Legito experts. Pick up tips, and meet people who you might want to work with in future deployments. Use the event to challenge or influence the thinking of Legito’s design team and hear their plans for continued enhancements. Legito will have representatives from each of the Legito global offices.

We all look forward to meeting old friends and new friends in June. Tempted? You can claim your ticket now. We are only four months away.

 

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Legito PowerUp 2022: Legal team challenges within a fast growing company

Jul 19, 2022 | PowerUp 2022

Legito PowerUp 2022: Legal team challenges within a fast growing company

Kamile Valatkaite is a senior legal counsel with Vinted – the company that is promoting sustainable consumption by providing a marketplace for selling and buying second-hand items, mainly clothing. 

Kamile’s presentation was about the particular challenges faced by a legal team supporting a fast-growing company. Within two years, the legal team grew from 2 to 40 people. At first, two people had to cover everything, but the team’s growth allowed them to build structures and responsibilities – Kamile’s org chart would look familiar to the legal team in many large organizations. Kamile says she is “a huge legal design advocate”.  

“Changes come quickly and often, making it hard to plan.”

 

In a start-up environment, Kamile says, changes come quickly and often, making it hard to plan. They have to adapt to business needs, and if they embark on innovation projects, they have to find additional hours to do the work. 

Kamile focussed on projects for the contracts team. They had been using various software tools to help them, until they recognized that the tools had inadequate access controls, and were starting to look risky, and they felt the security posture of the tools was insufficient. They needed a solution that allowed them to implement proper controls.

A new business requirement caused a sudden and significant increase in B2B contracts. The higher volume of contracts created the opportunity and need to move to adopt templates for more of their contracts.

Legito offered a platform that could help the team adapt to the changing requirements while having the controls, templates, and other tools to drive efficiency.

Legito PowerUp 2022: Legal team challenges within a fast growing company

Kamile Valatkaite is a senior legal counsel with Vinted – the company that is promoting sustainable consumption by providing a marketplace for selling and buying second-hand items, mainly clothing. 

Kamile’s presentation was about the particular challenges faced by a legal team supporting a fast-growing company. Within two years, the legal team grew from 2 to 40 people. At first, two people had to cover everything, but the team’s growth allowed them to build structures and responsibilities – Kamile’s org chart would look familiar to the legal team in many large organizations. Kamile says she is “a huge legal design advocate”. 
 

“Changes come quickly and often, making it hard to plan.”

 

In a start-up environment, Kamile says, changes come quickly and often, making it hard to plan. They have to adapt to business needs, and if they embark on innovation projects, they have to find additional hours to do the work. 

Kamile focussed on projects for the contracts team. They had been using various software tools to help them, until they recognized that the tools had inadequate access controls, and were starting to look risky, and they felt the security posture of the tools was insufficient. They needed a solution that allowed them to implement proper controls.

A new business requirement caused a sudden and significant increase in B2B contracts. The higher volume of contracts created the opportunity and need to move to adopt templates for more of their contracts.

Legito offered a platform that could help the team adapt to the changing requirements while having the controls, templates, and other tools to drive efficiency.

Start Automating Now

Try Legito For Free

Legito PowerUp 2022: Success Story – Automation of Disputes for Banking and Finance Litigation

Jul 19, 2022 | PowerUp 2022

Legito PowerUp 2022: Success Story – Automation of Disputes for Banking and Finance Litigation

Luigi Cominelli spoke for Legalsofttech, an organisation created by a consortium of law firms to develop automation and IT services. It grew out of a broader project that focussed on services to support the growth of banking and finance litigation, but they now have services spanning five practice areas.

Legalsofttech has been using Legito for two years, with exponential growth of the services. They currently support 26 templates, with 50 in development, producing 2000 documents yearly. Early measurement demonstrated 2,532 hours saved for legal professionals and additional revenue of 4.6%. Luigi said those figures date from the early stages of the project – the current metrics would be higher. Legalsofttech started work with software from another vendor before switching to Legito.

They identified two important factors for switching to Legito:

1. Legito Workspace

Legito Workspaces allowed them to manage the use of services by multiple law firms in multiple areas while ensuring that each user had access to relevant services without compromising the confidentiality of any law firms. Workspaces provided a fine degree of control to support the diverse users.

2. User-friendly software

They discovered that the software has to be user-friendly “…and near perfect…”. Lawyers are still resistant to change, and the younger generations of lawyers are intolerant of poorly designed software. If users don’t like using the software, they will not adopt it and continue to work in the same way they have always done it. Legalsofttech found users appreciated the look and feel of the system, and they liked the output. The project adopted a legal design approach, which made a big difference.

Legalsofttech encouraged the adoption of Legito tools by demonstrating the service to clients. The clients liked what they saw, which caused the lawyers to start using the tool requested by the clients.

 

“…Sophistication of the graphical output is what clients want more and more…it’s output conceived with a legal design approach…”

 

Luigi understands that law firms use multiple systems. It was essential to integrate Legito with some of those systems, and they could achieve the integration using Legito APIs. For example, lawyers could export data from their case management systems to avoid re-keying data manually into Legito.

Looking to the future, Luigi finds the challenges faced by law firms two or three years ago are still at large. There are still more opportunities to address those challenges using tools like Legito, and more firms are willing to use the consortium resources, confident in the protection of their work possible with Legito Workspaces.

We thank Luigi for taking the time to talk about his experience.

Legito PowerUp 2022: Success Story – Automation of Disputes for Banking and Finance Litigation

Luigi Cominelli spoke for Legalsofttech, an organisation created by a consortium of law firms to develop automation and IT services. It grew out of a broader project that focussed on services to support the growth of banking and finance litigation, but they now have services spanning five practice areas.

Legalsofttech has been using Legito for two years, with exponential growth of the services. They currently support 26 templates, with 50 in development, producing 2000 documents yearly. Early measurement demonstrated 2,532 hours saved for legal professionals and additional revenue of 4.6%. Luigi said those figures date from the early stages of the project – the current metrics would be higher. Legalsofttech started work with software from another vendor before switching to Legito.

They identified two important factors for switching to Legito:

 

1. Legito Workspace

Legito Workspaces allowed them to manage the use of services by multiple law firms in multiple areas while ensuring that each user had access to relevant services without compromising the confidentiality of any law firms. Workspaces provided a fine degree of control to support the diverse users.

2. User-friendly software

They discovered that the software has to be user-friendly “…and near perfect…”. Lawyers are still resistant to change, and the younger generations of lawyers are intolerant of poorly designed software. If users don’t like using the software, they will not adopt it and continue to work in the same way they have always done it. Legalsofttech found users appreciated the look and feel of the system, and they liked the output. The project adopted a legal design approach, which made a big difference.

Legalsofttech encouraged the adoption of Legito tools by demonstrating the service to clients. The clients liked what they saw, which caused the lawyers to start using the tool requested by the clients.

 

“…Sophistication of the graphical output is what clients want more and more…it’s output conceived with a legal design approach…”

 

Luigi understands that law firms use multiple systems. It was essential to integrate Legito with some of those systems, and they could achieve the integration using Legito APIs. For example, lawyers could export data from their case management systems to avoid re-keying data manually into Legito.

Looking to the future, Luigi finds the challenges faced by law firms two or three years ago are still at large. There are still more opportunities to address those challenges using tools like Legito, and more firms are willing to use the consortium resources, confident in the protection of their work possible with Legito Workspaces.

We thank Luigi for taking the time to talk about his experience.

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Try Legito For Free

Legito PowerUp 2022: Panel Discussion – Automation in Real Estate Industry

Jul 19, 2022 | PowerUp 2022

Legito PowerUp 2022: Panel Discussion – Automation in Real Estate Industry

Legito’s Noel O’Connell brought together senior industry experts from three prominent organizations who have used Legito. Each organization had a different role in the real estate world, but it was striking how they traced the drivers for innovation back to very similar triggers:

  • increase efficiency using innovation
  • reduce the opportunity for errors
  • provide a human-friendly system, especially for younger generations of employees with expectations about using technology to minimize the joyless aspects of work
We also heard that the real estate sector poses some particular demands on new solutions:
  • real estate is still a document-intensive industry, and the documents tend to be lengthy and include diverse content from diverse sources
  • document-oriented tasks are labour-intensive because they documents combine information from so many different sources, and it’s not all text – there are graphs, images, and calculations to prepare and insert

As a result, the document templates tend to be complex. There is also a requirement for some data to be collected onsite using tablet devices.

Duong Hong, a consultant, emphasized that the path to efficiency needs to start with a step that is often neglected: before deploying a new solution, do some analysis  and take some measurements relating to current processes. Only after such analysis can you get objective empirical data to identify the opportunity for improvement and be able to measure your success later.

All the panelists had the same experience of starting with small projects, which gave dramatic results because document preparation created substantial opportunity for improvement.

Panelists reported:
  • Significant time-savings for real estate professionals: two-hour document preparation tasks reduced to 20 minutes, two-day tasks reduced to two hours, checking tasks reduced from 20 or 50 minutes down to 5 minutes
  • Significant error reductions from automating tedious tasks that are error-prone for humans
  • Positive feedback from early adaptors, encouraging expansion into more projects

The panel expects to deliver more automation over time, to the extent that real estate professionals will instead focus their team on soft skills, skills that require human judgment and human interaction.

Our panelists’ enthusiasm is evident – we wish them even more success as they expand their rollout of Legito in their organisations.

Panelists:
  • Andrea Daňhelová  (Fincentrum Reality)
  • Duong Hong
  • Ingeborg Deykers and Nel Pelle (Royal BAM Group)

 

Legito PowerUp 2022: Panel Discussion – Automation in Real Estate Industry

Legito’s Noel O’Connell brought together senior industry experts from three prominent organizations who have used Legito. Each organization had a different role in the real estate world, but it was striking how they traced the drivers for innovation back to very similar triggers:

  • increase efficiency using innovation
  • reduce the opportunity for errors
  • provide a human-friendly system, especially for younger generations of employees with expectations about using technology to minimize the joyless aspects of work
We also heard that the real estate sector poses some particular demands on new solutions:
  • real estate is still a document-intensive industry, and the documents tend to be lengthy and include diverse content from diverse sources
  • document-oriented tasks are labour-intensive because they documents combine information from so many different sources, and it’s not all text – there are graphs, images, and calculations to prepare and insert

As a result, the document templates tend to be complex. There is also a requirement for some data to be collected onsite using tablet devices.

Duong Hong, a consultant, emphasized that the path to efficiency needs to start with a step that is often neglected: before deploying a new solution, do some analysis  and take some measurements relating to current processes. Only after such analysis can you get objective empirical data to identify the opportunity for improvement and be able to measure your success later.

All the panelists had the same experience of starting with small projects, which gave dramatic results because document preparation created substantial opportunity for improvement.

Panelists reported:
  • Significant time-savings for real estate professionals: two-hour document preparation tasks reduced to 20 minutes, two-day tasks reduced to two hours, checking tasks reduced from 20 or 50 minutes down to 5 minutes
  • Significant error reductions from automating tedious tasks that are error-prone for humans
  • Positive feedback from early adaptors, encouraging expansion into more projects

The panel expects to deliver more automation over time, to the extent that real estate professionals will instead focus their team on soft skills, skills that require human judgment and human interaction.

Our panelists’ enthusiasm is evident – we wish them even more success as they expand their rollout of Legito in their organisations.

Panelists:
  • Andrea Daňhelová  (Fincentrum Reality)
  • Duong Hong
  • Ingeborg Deykers and Nel Pelle (Royal BAM Group)

 

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Try Legito For Free

Legito PowerUp 2022: Panel Discussion – Automation for Sourcing and Procurement Departments

Jul 19, 2022 | PowerUp 2022

Legito PowerUp 2022: Panel Discussion – Automation for Sourcing and Procurement Departments

The first panel session at PowerUp conference heard from two different organisations sharing similar requirements when deploying Legito for buy-side departments.

American Trade & Finance provides lending services across five continents. Lending is a heavily regulated sector, and operating under multiple jurisdictions adds another level of complication. The result: 75 documents are needed for each transaction, and some of those documents are 100+ pages long.

The panel learned how they deployed Legito to solve several challenges:

  • The organisation had templates, but scattered across the computers of different people, with no reliable way to know who had the authoritative versions.
  • It was cumbersome to copy information needed for one document for use in another.
  • Compiling the documents for each transaction was manual and therefore vulnerable to human error.

Diversity of a different kind was the challenge for the second panel contributor: the diversity of products and services (including intellectual property) that needed to be correctly managed by the procurement team. Legito works like a database for the different requirements matched to the subject matter of the procurement. When they need to procure something for the first time, the solution’s capability expands and can be re-used on the next occasion.

The panel also discussed how Legito is used to create links between business development teams, compliance teams, and Finance. The solution allowed the business development team to work at pace because they were equipped with a solution to generate documents, including invoices, without needing to wait for colleagues in the other teams.

💡Tips for successful deployments:

  • Don’t automate broken systems or documents. Adopting a new solution is a good time to implement improvements.
  • The best way to overcome sceptical or conservative colleagues is to deploy a solution that was a ‘wow factor’ – make it nice to use and demonstrate that the solution deals with a known problem.
  • Listen to feedback from users and act on feedback, quickly.

We thank Pavlin Stoyanoff and Galya Oster for beign part of Legito PowerUp 2022 and sharing their experience and useful tips for successful deployments.

 

Legito PowerUp 2022: Panel Discussion – Automation for Sourcing and Procurement Departments

The first panel session at PowerUp conference heard from two different organisations sharing similar requirements when deploying Legito for buy-side departments.

American Trade & Finance provides lending services across five continents. Lending is a heavily regulated sector, and operating under multiple jurisdictions adds another level of complication. The result: 75 documents are needed for each transaction, and some of those documents are 100+ pages long.

The panel learned how they deployed Legito to solve several challenges:

  • The organisation had templates, but scattered across the computers of different people, with no reliable way to know who had the authoritative versions.
  • It was cumbersome to copy information needed for one document for use in another.
  • Compiling the documents for each transaction was manual and therefore vulnerable to human error.

Diversity of a different kind was the challenge for the second panel contributor: the diversity of products and services (including intellectual property) that needed to be correctly managed by the procurement team. Legito works like a database for the different requirements matched to the subject matter of the procurement. When they need to procure something for the first time, the solution’s capability expands and can be re-used on the next occasion.

The panel also discussed how Legito is used to create links between business development teams, compliance teams, and Finance. The solution allowed the business development team to work at pace because they were equipped with a solution to generate documents, including invoices, without needing to wait for colleagues in the other teams.

💡Tips for successful deployments:

  • Don’t automate broken systems or documents. Adopting a new solution is a good time to implement improvements.
  • The best way to overcome sceptical or conservative colleagues is to deploy a solution that was a ‘wow factor’ – make it nice to use and demonstrate that the solution deals with a known problem.
  • Listen to feedback from users and act on feedback, quickly.

We thank Pavlin Stoyanoff and Galya Oster for beign part of Legito PowerUp 2022 and sharing their experience and useful tips for successful deployments.

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Try Legito For Free