How “Value, Technology & Collaborative” impact the legal industry By Olivier Chaduteau – Day One Law Department 3.0.

Slides:

Advertisements

Similar presentations

An Introduction to professional services. The professional services The professional services support businesses of all sizes across the economy, providing.

Advertisements

Why change is necessary Peter Scott Peter Scott Consulting.

Norbert Kriebel Director, Consulting Forrester Research Measuring the Business Value of IT – Managing IT as a Business.

Silvia L. Coulter, Vice President, Hildebrandt Baker Robbins Nathaniel Ford, Partner, Faegre & Benson Aligning Key Marketing Initiatives with Firm Objectives:

REPRESENTING EMPLOYER ORGANIZATIONS THROUGHOUT THE WORLD HOW THE EMPLOYERS ORGANISATIONS CAN INFLUENCE THE PRIORITIES AND OUTCOMES OF DWCPS Presentation.

RUN YOUR LEGAL DEPARTMENT LIKE A BUSINESS UNIT – HOW TO MAKE A SUCCESSFUL TRANSITION ROB THOMAS, VICE PRESIDENT, MARKET DEVELOPMENT GROUP THOMSON REUTERS.

1 Corporate Capabilities. Adayana was founded in 2001 to improve human capital performance Our clients come to Adayana to help improve their people’s.

Human Resource Champions: The Next Agenda for Adding Value and Delivering Results Presented by Ivan Chang.

Presentation By: Chris Wade, P Eng. Finally … a best practice for selecting an engineering firm.

Enterprise Architecture The Arkansas Approach. Key Areas What is enterprise architecture? Why is it important? How you can participate Current status.

Quality evaluation and improvement for Internal Audit

Legal Department Outside Counsel Management 1 Enhanced Outside Counsel / Vendor Management Processes Timekeeper level budgeting for litigation matters.

Building a Continuous Improvement Culture BackgroundBackground The Client is a global innovator, manufacturer and distributor of Applied Thermal equipment.

Corporate Ethics Compliance *

Aboriginal Justice Strategy Action Plan.

Project Human Resource Management

Essential Service # 7:. Why learn about the 10 Essential Services?  Improve quality and performance.  Achieve better outcomes – improved health, less.

SecureAware Building an Information Security Management System.

Measure and report what matters Peter Scott Consulting

Business Analysis: A Business Unit Perspective International Institute of Business Analysis January 18, 2012.

Arbitration: The In-House Counsel’s Perspective

Copyright © 2013 Accenture. All Rights Reserved. Confidential and Commercially Sensitive Information. Subject to Contract. Accelerating the roll out of.

It’s a New World – Use Legal Project Management to Conquer It! Susan Raridon Lambreth, Principal, LawVision Group Founder, Legal Project Management Institute.

Law, Health Policy & Disability Center Peter Blanck, Leonard Sandler, James Schmeling Presented to the Advisory Board meeting for the Rehabilitation Research.

1 Professional Development Training – Enhancing the Delivery of Services Marcela E. Stanislaus facilitator Blackmon Roberts Group, Inc.

Chapter 9 Developing an Effective Knowledge Service

©2008 Haynes and Boone, LLP © 2010 Haynes and Boone, LLP Client Value Update: Talk or Real Change? Association of Corporate Counsel CLE Program – Houston.

Implementing a Legal Project Management culture at an International Law Firm.

Managing Intellectual Capital

Consulting Guidelines Dr. Robert Lahm (With Thanks to Dr. Louis Buck for his Valuable Contributions)

1 TEXAS LAWYER IN-HOUSE COUNSEL SUMMIT General Counsel: The Global Corporation’s Next Agent of Change Katie Bullard, VP Product Management & Marketing,

 Showcase the prestige of our firm and lawyers in the marketplace  To win more clients - clients and prospects use them as independent and objective.

The Impact of Privacy on HP’s Customer Relationship Management Solution Mike Overly Vice President, Marketing © 2003 Hewlett-Packard Development Company,

Connorco Law Offices Find the right path Next.  Pro-active, entrepreneurial lawyer  Hands-on understanding of your business  Big savings from standard.

Aligning HR & Business Strategy. “The long-held notion that HR would become a truly strategic function is finally being realized.”

Client Development Martindale-Hubbell How in-house counsel in CEE select and retain their external counsel By Jeffrey Forbes, Executive Director, Forbes.

1 Strictly Confidential © 2009 Prescient Digital Media Not For Distribution.

Marketing in OFCO – A Myth or a Reality?. Strategic Plan

The Value Driven Approach

Influencing the ethical context of your organisation Speaker: June Smith, Partner Company: The Argyle Partnership Lawyers Date: 22 November 2006.

Develop your Legal Practice using “Cloud” applications, but … Make sure your data is safe! Tuesday 17 November 2015 The Law Society, London Allan Carton,

American Free Enterprise: The Benefits of Free Enterprise.

INNOVATION AND IT SLIDES TECHNOLOGIES AND RESOURCES ASSISTING THE IN-HOUSE LEGAL DEPARTMENT Jenny Owen Head of Legal Precedents and Systems Telstra Corporation.

Current risk and compliance priorities for law firms PETER SCOTT CONSULTING.

Organization  As a member of the Strategy & Business Development team, this position will support the development and execution of Corporate, Sector,

5. Presentación general de la iniciativa REDD+ SES 5. Presentation of the REDD+ SES Initiative.

Communicating Actionable Regulatory Intelligence João Duarte Regulatory Intelligence Strategy Leader H. Lundbeck A/S.

Proposal and Company Information Document CONTENT About Indagatio Research Our Research Offerings Why Indagatio Research Our Work Process Project Snapshot.

ExpertSelect Belgium S.A. – Chaussée des Collines 54 – B-1300 Wavre – BELGIUM – +32 (0) – Optivalue.

Session 402: Innovation in Outside Counsel Management Lucy Bassli, Assistant General Counsel, Microsoft Corporation Carla Goldstein, Associate General.

Building Business Transformation Capabilities Our perspective on the building blocks, structure and critical success factors to impact change Gillian.

GROWTH CULTURE INVENTORY

Demonstrating the Value of the Legal Team:

Capacity Building Project for Argentina’s Voluntary Peer Review

Presentation By: Rick Hutchins Date: Feb 3 and 4, 2011.

Presented by Robert Ford

Human Resource Champions: The Next Agenda for Adding Value and Delivering Results Presented by Ivan Chang.

Vision Facilitation Template

COMMUNICATIONS TRENDS

Deana Uhl Senior Director – Technology,

Protect your Business February 2018

Internal Audit Strategy Survey Results & Discussion

An Introduction to professional services

Developing & implementing business strategy

Michael J. Bridwell John F. Kuckelman

How The Legal Industry is Changing

KEY INITIATIVE Internal Control and Technical Accounting

Vision Statement Examples

Presentation transcript:

How “Value, Technology & Collaborative” impact the legal industry By Olivier Chaduteau – Day One Law Department 3.0

Through our interviews for the book La direction juridique de demain as well as through our daily work with legal departments around the world, we have witnessed a certain number of key trends and they all revolve around three themes: Value –In what way does the legal department bring value to the company and how can you measure and highlight the contribution of the legal team and of outside counsels? Technology –The legal profession is not protected from the overall impact of IT and new digital innovations. New solutions are required and new tools must be put in place: Enterprise Legal Management (ELM) is arising Collaborative –The lawyer is no longer a one-(wo)man-job, you have to collaborate, not only within the legal department but also with the other stakeholders, within and outside of the company. VTC impacts CONFIDENTIAL Day One ® – 2

Law firms are segmented by added value : Mega firm, local firm, niche firm, LPO firm, law consultant, secondment… + AFAs Value: some trends 3 CorpM&AIPLit.Anti T.Tax CorpM&AIPLit.Anti T.Tax Hi Value Mid Value Low Value Generalists Develop KPIs (quantitative & qualitative), in order to manage and to value the legal department Improve legal department efficiency by looking at the best leverage/FTE in the pyramid + training business people (push down, push out, push away, pull in) and develop mobility Run a subject matter gap analysis on a yearly basis (aligning Legal with Strategy) and internalize more work CONFIDENTIAL Day One ® –

Implement ELM (Enterprise Legal Management) –Document management –Versioning and markups –E-billing system: track legal fees per law firms, matters, outside counsel timesheets, projects… –Benchmark legal fees… Implement internal social media and collaborative tools and systems (Knowledge sharing community) Technology: some trends 4 CONFIDENTIAL Day One ® –

Collaborative: some trends 5 Develop LPM (Legal Project Management) competencies – trainings, tools, application Ask law firms to come for free in order to talk about new laws, new regulations (monitoring), and develop team knowledge sessions amongst in-house lawyers and outside counsels… Define the contract policy with a systemic approach (what Legal does, what clients do under the supervision of legal, what legal doesn’t do, risk culture…) Implement business & legal planning in order to anticipate business needs and plan legal resources when possible (being proactive) CONFIDENTIAL Day One ® –