Why should Legal Departments make strategic plans? According to the Association of Corporate Counsel’s Legal Operations Maturity Model Toolkit, there are five primary reasons to engage in strategic planning.
Without a legal strategic plan, your in-house legal team will be trapped under 'busywork' and unable to accomplish meaningful improvements or demonstrate value. Watch the webinar and download the white paper to learn more.
According to Xakia’s Legal Operations Health Check, nearly half of corporate Legal Departments are working without a formal plan. It's important to have a legal strategy in place - read on to find out more.
Since Xakia launched the Legal Operations Health Check, in-house counsel on five continents have completed the online assessment. Two months later, their responses provide a quantitative look at the real state of legal operations in departments of all sizes.
Legal departments face a messy and mutating maze of regulations and a bigger workload. As the work expands, three options emerge: Hire more lawyers, spend more on outside lawyers, or find new ways of doing things.
Regardless of size, all in-house teams want to provide the best legal services to their organizations in the most efficient and effective manner. That's the basic objective behind legal operations, and you don't have to be in a monolithic corporation to get there.
Whether you are among the 61% of U.S. law departments that report directly to the CEO or whether your relationship is more dotted-line, it’s important to know what your executives and boards value most – and how you can leverage legal operations to bolster your most important work relationships.