--- title: From AI to KPI | Legal Analytics to Track and Measure Performance description: By integrating AI into your legal metrics, your team not only boosts its current performance but also sets a strong foundation for the future. image: https://blog.linksquares.com/hubfs/perlafdez_3_pie_charts_connected_by_neon_lines_3D_with_colors_l_5c466b41-fc79-4fe4-8ab3-75f2cab2da9f.png --- [Skip to content](https://blog.linksquares.com/leveraging-legal-analytics-to-measure-performance#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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[Learn more](https://linksquares.com/agentic-ai/) Contract Lifecycle Management Create, review, manage and sign contracts Legal Project Management Centralize your work and keep projects moving Unified Capabilities Get scalability, efficiency and connectivity LinkSquares Onboarding Experience A step by step guide to get started quickly [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/) [Prioritize Manage, track, and report on legal work in one place](https://linksquares.com/products/prioritize/) [LinkAI Predictive and generative AI](https://linksquares.com/ai/) [Agentic AI Smarter contracting with a multi-agent approach](https://linksquares.com/agentic-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/) [Onboarding We're here for you from day one](https://linksquares.com/onboarding-services/) [Services Short on time? 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While experts rightly exercise caution, AI can safely enhance legal operations, driving smarter and more efficient processes. By adopting AI in this focused area, you prepare your practice for future technological advancements with confidence. And there's one area in which AI can help quickly improve your legal operations: *performance measurement*. Most legal workflow solutions offer non-AI [analytics and performance tracking](https://linksquares.com/products/analyze/features/dashboard/)—how many contracts are "in flight," how long it takes a team or individual to complete their legal tasks, and how many contracts were turned in the last quarter—but artificial intelligence can help you track more strategic [key performance indicators (KPIs)](https://en.wikipedia.org/wiki/Performance_indicator). For example, let's say your company has a strategic initiative to improve cash flow and, as part of that effort, sales and legal have been instructed to move the base terms of all deals closed from 90-day pay to 30-day pay. With [AI contract analytics](https://linksquares.com/products/analyze/), you can benchmark the percentage of your active sales contracts that included 30-day at the beginning of the project, and what percentage of new deals signed since the project began have included 30-day pay.  If the percentage has gone up, you know that the effort is working. Similarly, let's say your company has [acquired another business](https://linksquares.com/solutions/fundraising-and-ma/) that typically allowed a limitation of liability cap of $10 million, but your standard policy is a liability cap of only $3 million. Not only can AI quantify the number of acquired contracts with the oversized liability cap, but it can also track how quickly your team renegotiates those deals with amended terms. AI-based KPIs can help you monitor the adoption or renegotiation of dozens of [critical contract clauses](https://linksquares.com/products/analyze/features/smart-values/), including governing jurisdiction, assignment rights, effective dates, and the contents of [force majeure](https://en.wikipedia.org/wiki/Force_majeure) clauses (like, say, the ability to terminate an agreement in the event of a pandemic). And these KPIs shouldn't be limited to sales deals; your [vendor agreements](https://linksquares.com/solutions/vendor-management/) can be analyzed and managed just as easily. You can even combine these analytics with data from your [customer relationship management (CRM) system](https://linksquares.com/integrations/salesforce/) to determine which customer personas or supplier categories are performing better under your strategic initiatives. Being cautious when applying AI to your legal operations is a wise move. After all, you don't want to file a legal brief with [case citations that an AI hallucinated](https://hai.stanford.edu/news/ai-trial-legal-models-hallucinate-1-out-6-or-more-benchmarking-queries) out of thin air. But by using AI to develop and track strategic legal KPIs, you're not only applying AI in a low risk, high reward scenario, you're also gaining valuable experience with the technology. If you're ready to start leveraging artificial intelligence to improve your legal metrics, [**contact LinkSquares today**](https://linksquares.com/demo-request/). ![avatar](https://blog.linksquares.com/hs-fs/hubfs/jay%20garmon.jpeg?width=290&name=jay%20garmon.jpeg) #### [Jay Garmon](https://blog.linksquares.com/author/jay-garmon) Jay Garmon is a product development expert with over 20 years of experience across AI, legal tech, fintech, healthcare, and mobile apps. You can visit him on LinkedIn. ## 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 ### [Jay Garmon Sep 19, 2024 5 min read 5 Steps for Ensuring CLM Implementation Success If you've ever sat through a well-executed demo for a contract lifecycle management (CLM) solution – especially in the age of ... Start Reading](https://blog.linksquares.com/how-to-ensure-clm-implementation-success) ### [Jay Garmon Aug 29, 2024 8 min read Data Visualization: Presenting Legal Metrics That Compel Thanks to modern legal software, you can quantitatively measure and manage the work your legal department undertakes, but that ... Start Reading](https://blog.linksquares.com/presenting-legal-metrics-that-compel) ### [Jay Garmon Oct 04, 2024 6 min read How Legal Can Reduce Business Risk With CLM Many legal teams adopt contract lifecycle management (CLM) software for a variety of reasons, but one of the best and most ... 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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/leveraging-legal-analytics-to-measure-performance" } ``` ```json { "@context" : "http://schema.org", "@type" : "BlogPosting", "abstract" : "By integrating AI into your legal metrics, your team not only boosts its current performance but also sets a strong foundation for the future.", "author" : { "@type" : "Person", "name" : "Jay Garmon" }, "dateModified" : "2024-09-13T13:29:40Z", "datePublished" : "2024-09-13T13:29:40Z", "headline" : "AI to KPI: Leveraging Legal Analytics to Track and Measure Performance", "image" : "https://6934676.fs1.hubspotusercontent-na1.net/hubfs/6934676/perlafdez_3_pie_charts_connected_by_neon_lines_3D_with_colors_l_5c466b41-fc79-4fe4-8ab3-75f2cab2da9f.png", "inLanguage" : "en", "keywords" : "[AI, Contract Management, In-house Best Practices, Legal Metrics]", "mainEntityOfPage" : { "@type" : "WebPage" }, "name" : "AI to KPI: Leveraging Legal Analytics to Track and Measure Performance", "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://6934676.fs1.hubspotusercontent-na1.net/hubfs/6934676/Navigation/logo_643dd1b1.svg" }, "name" : "LinkSquares" }, "text" : "Artificial intelligence (AI) holds great promise for transforming the legal industry, particularly in analytics. While experts rightly exercise caution, AI can safely enhance legal operations, driving smarter and more efficient processes. By adopting AI in this focused area, you prepare your practice for future technological advancements with confidence. And there's one area in which AI can help quickly improve your legal operations: performance measurement. Most legal workflow solutions offer non-AI analytics and performance tracking—how many contracts are \"in flight,\" how long it takes a team or individual to complete their legal tasks, and how many contracts were turned in the last quarter—but artificial intelligence can help you track more strategic key performance indicators (KPIs). For example, let's say your company has a strategic initiative to improve cash flow and, as part of that effort, sales and legal have been instructed to move the base terms of all deals closed from 90-day pay to 30-day pay. With AI contract analytics, you can benchmark the percentage of your active sales contracts that included 30-day at the beginning of the project, and what percentage of new deals signed since the project began have included 30-day pay. If the percentage has gone up, you know that the effort is working. Similarly, let's say your company has acquired another business that typically allowed a limitation of liability cap of $10 million, but your standard policy is a liability cap of only $3 million. Not only can AI quantify the number of acquired contracts with the oversized liability cap, but it can also track how quickly your team renegotiates those deals with amended terms. AI-based KPIs can help you monitor the adoption or renegotiation of dozens of critical contract clauses, including governing jurisdiction, assignment rights, effective dates, and the contents of force majeure clauses (like, say, the ability to terminate an agreement in the event of a pandemic). And these KPIs shouldn't be limited to sales deals; your vendor agreements can be analyzed and managed just as easily. You can even combine these analytics with data from your customer relationship management (CRM) system to determine which customer personas or supplier categories are performing better under your strategic initiatives. Being cautious when applying AI to your legal operations is a wise move. After all, you don't want to file a legal brief with case citations that an AI hallucinated out of thin air. But by using AI to develop and track strategic legal KPIs, you're not only applying AI in a low risk, high reward scenario, you're also gaining valuable experience with the technology. If you're ready to start leveraging artificial intelligence to improve your legal metrics, contact LinkSquares today.", "url" : "https://blog.linksquares.com/leveraging-legal-analytics-to-measure-performance", "wordCount" : "740" } ```