Just as markets are converging, so too are corporate functions, and what was once seen as support inside a company has become foundational to growth and market share. The legal function is suddenly in the spotlight. It has an opportunity to “skip a generation of change” by accelerating legal transformation. The Corporate Legal Department, a very technical function of the company, with broad responsibility for managing risk and advising the company strategically on achieving its revenue growth goals, is changing. PRAETOR FORENSIC AUDITING helps clients navigate that change effectively and improve the performance of their legal function through the strategic deployment of people, process and technology. PRAETOR FORENSIC AUDITING serves high-profile, national and multinational clients across many sectors of the economy and parts of the globe. PRAETOR FORENSIC AUDITING brings leading class ideas from across the market to bear, and can provide insight and experience on how to implement the modernization of your Corporate Legal Department supported in all phases by the requisite change management. PRAETOR FORENSIC AUDITING serves as business advisors to clients in transforming their legal processes from analysis and design phase to full implementation support. As a professional services organization, PRAETOR FORENSIC AUDITING brings the power of deep technical competence to the table, with a long history of being recognized in the market as a transformation leader. The major areas of Legal function consulting include: a) Operating strategy and organization design; b) Process and controls enhancement; c) Technology; and d) Business enablement.
Operating strategy and organization design
Assisting in identifying function performance improvement opportunities and developing responsive organization operating models and metrics.
Process and controls enhancement
Helping design effective and controlled processes with enabling technologies to increase efficiency and reduce risk.
Assisting in leveraging technologies already in use to gain efficiencies in operating, including processes, workflows, controls and data management (e.g., case, document, matter/eBilling and records management). PRAETOR FORENSIC AUDITING also consults with the client on adopting different technologies, while using a platform to operationalize the initiation of legal function digitization and help clients identify and leverage RPA, AI, self-service workflows, and more to drive efficiencies and overall cost reduction across the legal function.
Assisting the Corporate Legal Department in introducing processes and technologies to help enable automation of legal approval within any function’s end-to-end business processes, whether that be in contract lifecycle management, regulatory change management, or entity compliance and governance. Along the way, PRAETOR FORENSIC AUDITING also helps the Corporate Legal Department better leverage data to guide the business and measure progress around transformation initiatives.