In House Legal Department Strategic Plan

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In House Legal Department Strategic Plan Decreasing external legal spend Optimizing billing systems Create or amend legal contracts and general policies to include ESG compliance Expand diversity and inclusion initiatives on legal departments Better defend and protect the interests of the company litigation IP government affairs compliance

It s important to have a strategic plan for your in house corporate Legal Department It provides your team with a roadmap that aligns with the business and indicates how legal fits into the bigger picture A Legal Department strategy plan will help you Accomplish meaningful improvements in process The notion that an in house legal team shouldfunction like internal firm is giving way to a vision of the legal department that s a commercialfunction a function that economic value for the business Rigid silos are being replaced by more fluidstructures

In House Legal Department Strategic Plan

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Strategic Planning For Your In House Legal Department
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Strategic Planning for Your In House Legal Department Shake the dread off this task by following 8 easy steps to conquer Legal Department strategic planning including practical tips and insights from two experts Anne Post Oct 10 2023 1 Assess legal operational efficiency gaps Look at how much administrative work your team is doing the old fashioned way For example are you trying to track projects using spreadsheets If so you re not alone as many legal departments have tech gaps For instance

2 Aligning the legal department s activities with the strategic goals of the company is often an eye opening exercise that can help the general counsel articulate the department s value proposition and decide where new investments are warranted Setting up for a changing legal ecosystem Strategic Planning for the Law Department As business leaders around the world navigate through our New Dynamic there is an enhanced focus on revenue growth cost eficiencies risk mitigation and the increasing importance of environmental social and governance expectations

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For more information please contact digitalcommons fairfield edu ESTABLISHING THE STRATEGIC VALUE OF THE IN HOUSE LEGAL DEPARTMENT by Evan A Peterson Managers often marginalize the significance of the in house legal department to the generation of corporate strategic value 1 This outlook reveals a gross misreading of the emerging With 2022 approaching in house legal departments can expect to see the continuation of many pandemic era trends including the growth of legal operations the transition of departments from legal advisers to strategic business partners the accelerated use of legal technology and the importance of managing outside counsel and legal spend

1 Plan for the future but account for the past and present Your in house legal department doesn t operate in a vacuum so your strategic plan should take into account the wants and Legal 5 minute read Optimizing your organization s in house legal operating model Is your model fit for the future The world of the in house General Counsel and the teams they oversee is changing due in part to changing expectations as well as technological transformation

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Key Goals and Objectives for In House Legal Departments To Logik

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Decreasing external legal spend Optimizing billing systems Create or amend legal contracts and general policies to include ESG compliance Expand diversity and inclusion initiatives on legal departments Better defend and protect the interests of the company litigation IP government affairs compliance

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It s important to have a strategic plan for your in house corporate Legal Department It provides your team with a roadmap that aligns with the business and indicates how legal fits into the bigger picture A Legal Department strategy plan will help you Accomplish meaningful improvements in process


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In House Legal Department Strategic Plan - Strategic Planning for the Law Department As business leaders around the world navigate through our New Dynamic there is an enhanced focus on revenue growth cost eficiencies risk mitigation and the increasing importance of environmental social and governance expectations