--- title: How Legal Can Show Value in Business Operations description: By offering legal services and advice that align with a company's business objectives and operations, legal departments can make a substantial impact. image: https://blog.linksquares.com/hubfs/perlafdez_a_line_graph_of_upward_pointing_arrows_floating_3D_wi_251c8fd5-737a-4276-b7a0-03ef71e719ee%20(1).png --- [Skip to content](https://blog.linksquares.com/how-legal-can-show-value-in-business-operations#main-content) [LinkSquares](https://blog.linksquares.com/) Open Mobile Menu [LinkSquares](https://linksquares.com/) Close Mobile Menu [Why LinkSquares](https://linksquares.com/why-linksquares/) [Products](https://linksquares.com/products/) --- [The LinkSquares Cloud One platform for all your in-house legal needs](https://linksquares.com/products/linksquares-cloud/) --- Contract Lifecycle Management Create, review, manage and sign contracts Legal Project Management Centralize your work and keep projects moving Cross-product capabilities Get scalability, efficiency and connectivity LinkSquares Onboarding Experience A step by step guide to get started today --- [Solutions](https://linksquares.com/solutions/) [Customer Stories](https://linksquares.com/customers/) Resources Content [LinkSquares+ Content curated for in-house leaders](https://linksquares.com/plus/) [The Library](https://linksquares.com/library/) In the studio [Demo Library](https://linksquares.com/demo-library/) Community & Events [Customer Stories](https://linksquares.com/customers/) [Events & Webinars](https://linksquares.com/events/) Learning [Blog](https://blog.linksquares.com/) [In-House Insights](https://linksquares.com/inhouse-insights/) [Knowledge Base](https://help.linksquares.com/) [Events](https://linksquares.com/events/) [About Us](https://linksquares.com/about-us/) [Careers](https://linksquares.com/careers/) [Press](https://blog.linksquares.com/tag/linksquares-news-press) [Pricing](https://linksquares.com/pricing/) [Request a demo](https://linksquares.com/demo-request/) Back Close Mobile Menu [Contract Lifecycle Management](https://linksquares.com/products/) [Finalize Streamline your contract creation process](https://linksquares.com/products/finalize/) [Sign Get your contracts executed faster](https://linksquares.com/products/sign/) [Analyze Your post-signature analytics & repository](https://linksquares.com/products/analyze/) [CLM Suite One platform to rule them all](https://linksquares.com/products/) [Request a demo](https://linksquares.com/demo-request/) Back Close Mobile Menu [Legal Project Management](https://linksquares.com/products/) [Prioritize Manage, track, and report on legal work in one place](https://linksquares.com/products/prioritize/) [Request a demo](https://linksquares.com/demo-request/) Back Close Mobile Menu [Cross-product capabilities](https://linksquares.com/products/) [LinkAI Predictive and generative AI](https://linksquares.com/products/analyze/features/ai/) [Integrations Connect the tools you love](https://linksquares.com/integrations/) [Reporting Improve your teams efficiency with KPIs](https://linksquares.com/products/analyze/features/dashboard/) [API Integrate with any third-party app](https://linksquares.com/integrations/linksquares-api/) [Request a demo](https://linksquares.com/demo-request/) Back Close Mobile Menu [Cross-product capabilities](https://linksquares.com/products/) [Onboarding We're here for you from day one](https://linksquares.com/onboarding-services/) [Services Short on time? 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By offering vital legal services and advice that align with a company's business objectives and operations, legal departments can make a substantial impact. It is imperative for legal functions to work cross-functionally, demonstrating value and impact through the use of legal metrics and key performance indicators to better measure their contributions to the organization. **Value beyond contracting - the new normal for legal professionals** Traditionally, the value of a legal professional was measured by their ability to manage contracts and legal disputes. However, the current and changing business landscape demands a shift in approach. Legal professionals can no longer afford to confine themselves to traditional tasks. They must think about the broader impact of their decisions on the organization and its success. To stay current, legal teams must actively ask questions and [maintain cross-functional](https://linksquares.com/resources/how-legal-can-partner-with-internal-teams-to-drive-profits/) relationships. Knowing the latest industry trends and understanding the business context well enough to provide informed advice to their decision-making partners is now part and parcel of their job scope. **Harnessing metrics to show impact** Legal metrics are vital tools that clarify and focus on the evolving role of legal professionals. By quantifying the impact of their work, these metrics highlight the tangible benefits legal teams bring to an organization. [Examples of valuable legal metrics](https://linksquares.com/resources/23-key-metrics-every-legal-team-should-track/) include: - **Time saved in contract negotiations**: Measuring the time reduced in closing contracts, which indicates efficiency improvements. - **Compliance**: Tracking adherence to regulatory requirements showcases the team's effectiveness in risk management. - **Cost savings**: Calculating financial savings from effective contract management and dispute resolution underscores the team's contribution to the bottom line. - **Litigation success rates**: Assessing the percentage of favorable outcomes in legal disputes can reflect the team's proficiency in handling cases. - **Turnaround time for legal requests**: Measuring the speed at which legal queries are resolved ensures timely support to other departments. Without these metrics, all the hard work in risk mitigation, compliance, and contract management might go unnoticed! Metrics like these paint a vivid picture of how much value the legal team adds. In short, KPIs are the secret sauce that helps legal teams track their performance, justify their worth, and continuously improve their strategies. One way legal teams can show this value is by harnessing technology for efficiency. Tools like contract lifecycle management software and policy management software can streamline processes and ensure compliance, thereby adding tangible value. **The critical role of legal** Legal professionals have a critical role in driving value, [mitigating risks](https://linksquares.com/solutions/crisis-management/), and supporting the organization's goals. By focusing on proactive measures, they ensure the business operates within the law's boundaries and effectively mitigates risk. Their swift responsiveness to crises, ability to promptly turn agreements around, and strategic decision-making add significant value to their organizations. The future belongs to those professionals who can adapt to the changing dynamics and continue to meet and exceed expectations. [See how LinkSquares](https://linksquares.com/demo-request/) can help you save time and drive profits.    ![avatar](https://blog.linksquares.com/hs-fs/hubfs/2-May-13-2024-06-53-08-0056-PM.png?width=290&name=2-May-13-2024-06-53-08-0056-PM.png) #### [Mary Curtin](https://blog.linksquares.com/author/mary-curtin) Sr. Manager, Brand & Communications ## Subscribe to the LinkSquares Blog Stay up to date on best practices for GCs and legal teams, current events, legal tech, and more. ## Related Articles ### [Krista Russell Jun 04, 2024 6 min read From Cost Center to a Value Driver: How Legal Propels Business Growth In-house legal counsel plays a pivotal role in upholding integrity, ensuring compliance, and driving strategic progress within ... Start Reading](https://blog.linksquares.com/how-legal-propels-business-growth) ### [Alyssa Verzino Aug 19, 2022 7 min read Best Practices for a Legal Team of One: Part 2 Welcome back to the two-part blog series on how to thrive as a legal team of one. It’s a challenging task. Legal can be seen as ... Start Reading](https://blog.linksquares.com/best-practices-legal-team-of-one-pt-2) ### [Mary Curtin Apr 16, 2024 7 min read 5 Tips for Legal Teams to Get More Done Legal project management can be a daunting task for legal teams. With so many moving parts, from contract reviews to ... 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[Status](https://linksquares.statuspage.io/) - [Your Privacy Choices](https://go.linksquares.com/linksquares-do-not-sell-or-share-personal-data) - ![aicpa soc 2](https://blog.linksquares.com/hs-fs/hubfs/soc2_66933e61%20copy.png?width=100&height=100&name=soc2_66933e61%20copy.png) - ![barr certification](https://blog.linksquares.com/hs-fs/hubfs/Frame%201921.png?width=129&height=57&name=Frame%201921.png) ```json { "@context" : "http://schema.org", "@type" : "Organization", "address" : { "@type" : "PostalAddress", "addressCountry" : "United States", "addressLocality" : "Boston", "addressRegion" : "MA", "postalCode" : "02109", "streetAddress" : "60 State Street" }, "knowsLanguage" : "en", "logo" : { "@type" : "ImageObject", "url" : "https://6934676.fs1.hubspotusercontent-na1.net/hubfs/6934676/Navigation/logo_643dd1b1.svg" }, "name" : "LinkSquares", "url" : "https://blog.linksquares.com/how-legal-can-show-value-in-business-operations" } ``` ```json { "@context" : "http://schema.org", "@type" : "BlogPosting", "abstract" : "By offering legal services and advice that align with a company's business objectives and operations, legal departments can make a substantial impact.", "author" : { "@type" : "Person", "name" : "Mary Curtin" }, "dateModified" : "2024-07-19T02:13:46Z", "datePublished" : "2024-07-19T02:13:46Z", "headline" : "How Legal Can Show Value in Business Operations", "image" : "https://6934676.fs1.hubspotusercontent-na1.net/hubfs/6934676/perlafdez_a_line_graph_of_upward_pointing_arrows_floating_3D_wi_251c8fd5-737a-4276-b7a0-03ef71e719ee%20%281%29.png", "inLanguage" : "en", "keywords" : "[In-house Best Practices]", "mainEntityOfPage" : { "@type" : "WebPage" }, "name" : "How Legal Can Show Value in Business Operations", "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://6934676.fs1.hubspotusercontent-na1.net/hubfs/6934676/Navigation/logo_643dd1b1.svg" }, "name" : "LinkSquares" }, "text" : "Legal teams play a crucial role that extends beyond being just corporate watchdogs. By offering vital legal services and advice that align with a company's business objectives and operations, legal departments can make a substantial impact. It is imperative for legal functions to work cross-functionally, demonstrating value and impact through the use of legal metrics and key performance indicators to better measure their contributions to the organization. Value beyond contracting - the new normal for legal professionals Traditionally, the value of a legal professional was measured by their ability to manage contracts and legal disputes. However, the current and changing business landscape demands a shift in approach. Legal professionals can no longer afford to confine themselves to traditional tasks. They must think about the broader impact of their decisions on the organization and its success. To stay current, legal teams must actively ask questions and maintain cross-functional relationships. Knowing the latest industry trends and understanding the business context well enough to provide informed advice to their decision-making partners is now part and parcel of their job scope. Harnessing metrics to show impact Legal metrics are vital tools that clarify and focus on the evolving role of legal professionals. By quantifying the impact of their work, these metrics highlight the tangible benefits legal teams bring to an organization. Examples of valuable legal metrics include: Time saved in contract negotiations: Measuring the time reduced in closing contracts, which indicates efficiency improvements. Compliance: Tracking adherence to regulatory requirements showcases the team's effectiveness in risk management. Cost savings: Calculating financial savings from effective contract management and dispute resolution underscores the team's contribution to the bottom line. Litigation success rates: Assessing the percentage of favorable outcomes in legal disputes can reflect the team's proficiency in handling cases. Turnaround time for legal requests: Measuring the speed at which legal queries are resolved ensures timely support to other departments. Without these metrics, all the hard work in risk mitigation, compliance, and contract management might go unnoticed! Metrics like these paint a vivid picture of how much value the legal team adds. In short, KPIs are the secret sauce that helps legal teams track their performance, justify their worth, and continuously improve their strategies. One way legal teams can show this value is by harnessing technology for efficiency. Tools like contract lifecycle management software and policy management software can streamline processes and ensure compliance, thereby adding tangible value. The critical role of legal Legal professionals have a critical role in driving value, mitigating risks, and supporting the organization's goals. By focusing on proactive measures, they ensure the business operates within the law's boundaries and effectively mitigates risk. Their swift responsiveness to crises, ability to promptly turn agreements around, and strategic decision-making add significant value to their organizations. The future belongs to those professionals who can adapt to the changing dynamics and continue to meet and exceed expectations. See how LinkSquares can help you save time and drive profits.", "url" : "https://blog.linksquares.com/how-legal-can-show-value-in-business-operations", "wordCount" : "648" } ```