Hi there 👋,
Welcome to the August edition of The InsideVu! In this edition, you’ll learn about how to use contract grids to take action on your contracts faster and exciting new features that are coming soon.
PS: If you want a digest of previous versions of The InsideVu, they are available here in the Help Center. If you have any questions, we’re available in the chat 24/7.
The LawVu Team
Editable contracts grids 🤩
Need to make quick changes to your contract records? Now you can do it faster than ever with the ability to edit in the contract grid! It’s easy:
Click the pencil in the top right corner to go into edit mode.
Click on the pencil to edit a specific field right in the grid view
Click anywhere outside the edited field box or hit Enter to save your changes
Don’t forget: you can do this in matters grid too!
Get ready to rock reporting!
You have great data in LawVu and it is about to be easier than ever to turn that data into actionable insights and data-driven decision making with LawVu’s awesome new reports! Watch the introduction video below by Cecile du Preez, our Product Manager, for a quick walkthrough.
What’s new 🙌:
3 new easy to use, highly visual, and interactive reporting dashboards
Sort, filter, or drill down reports to quickly and easily get the information you need and answer key questions
10 new metrics and admin reports you have never seen before
Reports are refreshed twice a day for accurate and up to date reporting
Let's take a look at some of the new reports and how you can be ready to rock them!
Matters: a great way to see how the work your team is doing for the business. Pro tip: If you haven't closed them or you see blanks in the report, you'll know some data hygiene is in order.
Contracts: See which contracts need to be prioritized based on contracts that are due to expire so you can take a proactive approach in managing key dates and meeting obligations. Pro tip: Make sure your data is up to date so you can get more accurate report across all your work in LawVu.
Stay tuned for further updates. We’ll announce the new and enhanced reporting very soon.
Save valuable minutes with every contract
With increased pressure to do more with less, efficiency is key! Now you can get even more time back and move faster with contracts — with AI.
Customers are saving at least 5 minutes per executed contract because faster data entry and finding key clauses is effortless without having to scroll and read long pages of contract!
If you haven’t used it yet, and want to save yourself some time, here is how:
Take it for a test drive. We have a free trial available for you to try out AI-powered contract data extraction so you can see it for yourself. Organization admins can enable a free trial for your organization. All they need to do is head to Settings, Click Contract Management and accept the free trial T&Cs in-app. This article guides them through the simple configuration process; AI-powered contract data extraction will be up and running in minutes!
For more information on AI-powered contract data extraction, get in touch with your Customer Success Manager.
Get a better handle on all your legal spend and your work with outside counsel
Ready to reduce the chaos of email communications with your outside counsel, ditch inefficient invoicing workflows, and get better data? Customers love LawVu's spend management capabilities because they improve visibility, increase efficiency, and help control costs — simply by expanding your workspace to cover your workflows with outside counsel.
If you're not using these features and want to see a quick 4-minute demo, or if you’re already using LawVu spend management features and need any help with the latest updates, click the links below.
Use matter tasks to get reminders about recurring to-dos
If you have tasks that need to happen on a regular basis (e.g. monthly audit report) and need to make sure it’s always on your to do list, use this tip to make sure you never miss your deadline!
If you're using tasks, you can use matter task templates and duplicate your matter. Here's how:
Watch this quick video to see it in action. In the video, David Webb provides an example of a simple workflow for monthly audit board reports.
Add a task in your matter to remind you of the need to duplicate a matter for next month
Duplicate the matter by clicking on the ellipsis on the top right hand corner of your matter record
Rename the matter to reflect the new month and keep files and tasks checked to ensure the list of tasks and files get carried over to the duplicated matter.
And voila, all your files, data, and tasks along with their respective owners are carried over to the newly created matter and all you have to do now is set new due dates for the matter and its associated tasks.
LawVu named a Major Player in IDC Marketscape
We're thrilled to be recognized as a Major Player in the IDC Marketscape Worldwide ELM Software 2023 Vendor Assessment.
The IDC MarketScape evaluated ELM software companies on a diverse set of criteria such as market presence, product portfolio, and customer satisfaction through the lens of long-term strategy and current capabilities — resulting in each vendor’s position within a given market.
In-house legal professionals, it’s your time to shine! We invite you to join us for the return of our annual InView Conference, coming to Sydney on September 7, 2023.
Whether you attend in-person or virtually, you’ll have the opportunity to connect with our community of over 9,000 members, grow your network, and level up your career. Our lineup of future thinking legal leaders will cover topics such as:
Designing the future with AI;
Efficiency tips: the marketing matrix;
Mindset matters: putting yourself first;
The value you can add as a leader beyond legal skills;
And many more.
We also have a limited number of team-pricing tickets for groups of four or more, which includes 50% off your total ticket price. Please email email@example.com if you’re interested in learning more as these are not publicly available.
Come learn from the best, meet the best, and be your best at the InView Conference! We can’t wait to see you.
Want to share your love for LawVu?
Do you know another in-house legal team who would also benefit from using LawVu?
Join our brand new LawVu Referral Program and you’ll receive a $5,000 credit to use towards next year’s LawVu subscription for every company you successfully refer. Even better, they’ll also receive $5,000 to use towards their LawVu subscription too.
Thank you for reading and we hope you enjoyed this edition of The InsideVu.