1. Development of Lawyers in a Global Company Daragh Fagan, General Counsel EMEA Thomson Reuters 22 March 2012

2. Overview Objectives –Legal knowledge & skills –Business knowledge & understanding –Management skills –Networking Planning & Preparation –Prioritisation & framework –Investment/business case –Things that cost nothing Is Legal Different? 2

3. Thomson Reuters Legal Department Business: 150+ countries, 60,000 staff, $13.8bn revenue Legal function: 90 lawyers, 130 total staff in 11 countries

4. Know-Grow-Flow Model Grow Your Talent - Provide opportunities for development: following up on development from last year, defining new development to accelerate talent and working with talent to implement plans 4 B. GROW YOUR TALENT C. FLOW YOUR TALENT A. KNOW YOUR TALENT Know Your Talent - Understand capability and potential of talent - their aspiration, ability and level of engagement Flow Your Talent - Enable movement of talent: identifying where moves are required, helping make right moves happen

5. Leadership Competencies

6. Is Legal different? Particular challenges Flat structures & progression Recognising value of specialists as well as generalists/managers Succession planning Pay scales Some possible solutions Special projects/workstreams Rotation of work or people Career ladders Honest discussion re sideways and upwards Non-pay benefits: recognition, access to senior execs, meaningful work 6