Globally recognised as a ‘Leading In-House Legal Department‘ at the IILPM Annual Global Awards 2022, Iberdrola has established a Legal Ops Department to transform their legal services.
Their optimisation of resources and improvement in processed showed great results. They realised significant cost savings that reduced their legal spend by 29% and total legal services budget by 11%, as well as efficiency in the schedule, such as reducing negotiation and drafting time by 70% and data analysis by 80%. This included a focus on automated and managed legal work.
Such transformation is showing how legal project management and process improvement efforts can led to better, more cost effective and timely inhouse legal work delivery.
Well done to Justo Garzon Ortega and the Iberdrola team.
Read their release at here.