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Tag Archives: corporate legal department

Case Study: Art and Science for the Corporate Legal Department

Art and Science for the Corporate Legal Department

Driving efficiency often requires change management – and change management “is really about people.” That’s according to VMware® VP and Deputy General Counsel Aine Lyons for Worldwide Legal Operations, as described by the Association for Corporate Counsel (ACC) in a case study about the ACC Value Challenge awards:  Scaling, Streamlining, and Succeeding:  Transforming Legal Services to Support the Corporate Vision. ... Read More »

Objectives: How Corporate Legal can Demonstrate Business Value

Practical Tips How Corporate Legal can Demonstrate Business Value

Note:  this post was compiled and edited by a team. “Until you know what your objectives are, you can’t come up with metrics.” So said Kris Satkunas, director of Strategic Consulting to a room full of corporate legal professionals yesterday during the CounselLink Annual Conference, they should focus first on identifying their objectives and use that information as the basis ... Read More »

Legal Fee Lessons Corporate Legal can take from Henry Ford

Picture_of_Charles_Proteus_Steinmetz

Note:  this post was compiled by a team (this post has been updated since publication for clarity). Charles Proteus Steinmetz was an unlikely hero in a key note speech to corporate legal attendees at the 2015 CounselLink Annual Conference.  D. Casey Flaherty, the key note speaker, opened his talk with an image of this gentleman. According to Mr. Flaherty, Mr. ... Read More »

3 Outcomes of Improving Legal Department Operations

3 Outcomes of Improving Legal Department Operations -head

Technology, analytics and process are the three drivers of corporate legal operational maturity. All three are necessary – and must work in harmony to advance the maturity of legal department operations – and the benefits can be significant. According to Justin Silverman, who leads product management for the LexisNexis CounselLink product, annual savings customers report can come in at ballpark ... Read More »

3 Drivers of Corporate Legal Operational Maturity

3 Drivers of Corporate Legal Operational Maturity

A recent survey of law departments indicated most legal departments are in the early stages of improving the maturity of law department operations. As the chart below indicates, most corporate legal departments say they have deployed technology, but still have much work to be done before having the process and technological maturity to make data driven decisions or even to predict ... Read More »

10 Telling Statistics from Optimistic Legal Departments

10 Statistics from a New Legal Department Operations Survey

A number of surveys released this year have begun to reveal a sense of optimism within the U.S. legal market.  We’d hasten to add this particular flavor of optimism is better described as cautious. Cautious as it may be, we sought to quantify that optimism.  A new survey found most legal departments think this year has been better than the ... Read More »

In Evaluating Outside Counsel, Corporate Legal says Relationships Still Matter

Evaluating Outside Counsel Corporate Legal says Relationships Still Matter - header

We recently asked corporate legal departments what they thought are the most important evaluation factors in selecting outside counsel. The answer is, as the chart nearby indicates rather resoundingly, relationships still matter. Top Factors for Evaluation Outside Counsel It’s important to note this question was a ranking question where the lower the number the better. When asked to rank a ... Read More »

6 Corporate Legal Trends from the ACC Conference

6 Corporate Legal Trends from the ACC Conference

Note:  The following is a guest post from Cindy Fox, director of product marketing with LexisNexis CounselLink. Legal department resources are stretched – that was one of the recurring themes we heard at the ACC 2014 Annual Meeting in New Orleans. While that is not a surprise there was also a number of other interesting trends that emerged. Here are ... Read More »

5 Guidelines for Developing Corporate Legal Best Practice

5 Guidelines for Developing Corporate Legal Best Practice

There’s a good case to be made that leading companies avoid benchmarking the competition.  By definition, a company that follows what the competition is doing cannot be the leader. That’s in part, the gist of Mike Haysley’s point in a pitch published in the Metropolitan Corporate Counsel titled I Don’t Know What You Should Be Measuring, But You Do: Best ... Read More »

5 Tips for Streamlining Your Legal Department

5 Tips for Streamlining Your Legal Department

Note:  this post was originally written by Angela Petros.  How can we do more with less? If you’re an in house attorney you’ve likely heard that phrase ad nauseam, but the truth is, today’s corporate legal departments are under intense scrutiny to save money and add value to the business. While this seems like an uphill battle, there’s plenty of ... Read More »