What EY can do for you
EY legal function consulting (LFC) professionals help clients transform legal processes, talent models, data, technology and sourcing strategies to drive cost-effective and innovative legal function operating models. LFC professionals work with organizations to evaluate their current operating models and identify improvements to have the right work performed at the right time, by the right people, in the right place and at the right price.
Together with EY colleagues around the globe, LFC professionals support clients from the analysis and design phases through implementation and maintenance. LFC is complemented by EY legal managed services, performed by a technology-savvy, multilingual team of more than 1,100 professionals. In addition, EY legal advisory services teams are licensed to practice law in more than 85 countries around the world and have relationships in place to support organizations where EY professionals do not practice law.
The LFC team helps legal functions:
- Reduce operational costs - Evaluate current operating models and identify improvements to drive cost-effective, innovative processes
- Improve the delivery of enterprise legal services - Evolve the legal department with an intentional mix of people, processes, technology and actionable data
- Cultivate critical insights - Make informed decisions with purposeful data capture, dashboards and actionable reports
- Increase business collaboration - Create greater cross-functional collaboration and further integration into the company’s business lines in support of enterprise strategic goals
These benefits are driven by our:
- Global domain knowledge, scale and deep technical competence
- Broad platform of digital services, including legal technology consulting
- Ability to identify the intersection of legal issues and business matters
EY LFC services span four key areas: