Microsoft Copilot opportunity to impact key functional area KPIs
Review our KPI overviews and view additional scenario details.
Cost per internal review
Microsoft Copilot can help with lowering review times which in turn leads to increased attorney productivity and higher client satisfaction rates.
KPI — Cost per internal review
Microsoft Copilot can help with lowering review times which in turn leads to increased attorney productivity and higher client satisfaction rates.
How Microsoft Copilot can help reduce average document review times
Optimizing Legal Workflows
- Lower time spent on administrative tasks
- Find knowledge and take action
- Efficiently draft and format documents
- Swiftly scan and summarize documents
Enhancing communications
- Quickly draft communications to address concerns or questions
- Explain complex topics to various audiences
- Summarize recent interactions and focus on the most relevant topics
Roles
- Attorney
- Legal Project Manager
- Paralegal
Microsoft AI solutions
- Microsoft 365 Copilot for Service
- Microsoft 365 Copilot
Outside counsel spend
Legal teams can use Copilot to automate routine tasks to improve productivity, expedite processes, and increase client satisfaction. By improving these metrics, legal teams can bring work in-house and become less reliant on outside legal counsel assistance.
KPI — Outside counsel spend
Legal teams can use Copilot to automate routine tasks to improve productivity, expedite processes, and increase client satisfaction. By improving these metrics, legal teams can bring work in-house and become less reliant on outside legal counsel assistance.
How Microsoft Copilot can help reduce spending
Optimizing Legal Workflows
- Reduce time spent on administrative tasks
- Find knowledge and take action
- Efficiently draft and format documents
- Swiftly scan and summarize documents
Enhancing communications
- Quickly draft communications to address concerns or questions
- Explain complex topics to various audiences
- Summarize recent interactions and focus on the most relevant topics
Roles
- Attorney
- Legal Project Manager
- Paralegal
Microsoft AI solutions
- Microsoft 365 Copilot
Efficient regulatory compliance processes
Copilot can significantly enhance efficiencies and scalability in complex regulatory work. By summarizing regulations, streamlining analysis, and providing actionable insights, it empowers legal teams to stay ahead of the curve.
KPI — Efficient regulatory compliance processes
Copilot can significantly enhance efficiencies and scalability in complex regulatory work. By summarizing regulations, streamlining analysis, and providing actionable insights, it empowers legal teams to stay ahead of the curve.
How Microsoft Copilot can help to drive efficiencies in regulatory work and compliance
Assessing regulations
- Summarizes new regulations
- Provides gap analysis with company policies
- Researches relevant external information
- Identifies possible risk mitigation strategies
Implementing compliance
- Generates checklists for compliance mapping
- Provides sample language for drafting internal guidelines
- Assists in drafting external communications
Roles
- Attorney
- Legal Project Manager
- Paralegal
Microsoft AI solutions
- Microsoft 365 Copilot
Streamline transactional processes
Copilot can increase efficiency, understanding, and consistency of contract reviews for increased velocity and better decision making.
KPI — Streamline transactional processes
Copilot can increase efficiency, understanding, and consistency of contract reviews for increased velocity and better decision making.
How Microsoft Copilot can help streamline transactional processes
Advancing review
- Summarize complex documents
- Extract key clauses and terms
- Highlight sections needing closer examination
- Generate faster first drafts of contracts
Facilitating decisions
- Flag potential risks and unfavorable terms
- Compare contracts for consistency
- Synthesize information for decisions
- Improve negotiation intelligence
Roles
- Attorney
- Legal Project Manager
- Paralegal
Microsoft AI solutions
- Microsoft 365 Copilot
Enhance legal advisory services
Legal teams can use Copilot to automate routine tasks to improve productivity, expedite processes, and increase client satisfaction.
KPI — Enhance legal advisory services
Legal teams can use Copilot to automate routine tasks to improve productivity, expedite processes, and increase client satisfaction.
How Microsoft Copilot can help enhance legal advisory services
Optimizing Legal Workflows
- Reduce time spent on administrative tasks
- Find knowledge and take action
- Efficiently draft and format documents
- Swiftly scan and summarize documents
Enhancing communications
- Quickly draft communications to address concerns or questions
- Explain complex topics to various audiences
- Summarize recent interactions and focus on the most relevant topics
Roles
- Attorney
- Legal Project Manager
- Paralegal
Microsoft AI solutions
- Microsoft 365 Copilot
Transform Legal processes
| Key processes | Before AI | Using AI |
|---|---|---|
| Advisory services | Navigating legal precedents, relevant case laws, and past litigations can be time-consuming and lead to slower response times and less strategic foresight in legal counsel. | Quicker legal guidanceDevelop a compliance video (Microsoft Copilot only) Recap consultations, extract relevant case law, and draft preliminary legal advice. |
| Contracts | Managing contracts is akin to navigating a paper jungle, where critical details can be buried under stacks, making the process slow, error-prone, and inefficient. | Quicker contract review (Microsoft 365 Copilot)Licensing agreement negotiation Review contracts and compare clauses to standard terms. Quicker contract review (Copilot Studio)Capture and analyze terms proposed during negotiations and then create a draft agreement. |
| Litigation | Litigation without data-driven and AI-enhanced tools can lead to prolonged case durations and increased costs where document discovery is inefficient and incomplete. | Legal strategy development Quickly aggregate publicly available case information, analyze relevant cases to identify past strategies, and formulate a new strategy for legal argumentation. |
