The Point What’s wrong with the corporate law function? For the last 40 to 50 years C-suites and boards have taken a hands-off posture on managing Legal, leaving lawyers in-house to manage lawyers in outside firms. Most of these lawyers are pretty good at law, but they’re bad at cost…
The Point 1. Corporate law functions perennially experience chronic, gaping shortfalls between the resources they need to do their job and what they actually possess. 2. Without an unlimited budget, a corporate law function must therefore scale its resources to keep up with soaring legal and regulatory demands. 3. To…
The Point As I suggested in Part I of this series, scaling a company’s resources to meet soaring legal and regulatory demands is, ultimately, a management challenge. Because at-scale impact — using limited resources — won’t happen without disciplined systems and processes by which colleagues work together to accomplish what…
The Point 1. In the last four decades, legal and regulatory demands on business have increased exponentially. 2. These demands trigger chronic, gaping shortfalls between what a company needs in order to achieve legal or regulatory compliance, on one hand, and the resources that Legal actually possesses, on the other.…