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Smart Collaboration for In-house Legal Teams (Special Report) (eBook)

Edited by: Heidi K. Gardner

ISBN13: 9781787423510

Published: April 2020

Publisher: Globe Law and Business

Country of Publication: UK

Format: eBook (ePub)

Price: £75.00
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In-house legal teams are under more pressure than ever to add value to their organisations. This Special Report combines the rigour of Harvard research with a pragmatic focus based on input from hundreds of General Counsels, in-house lawyers, CEOs and board members to show why and how legal teams work across silos – what we call ‘Smart Collaboration.’ It includes the business case, practical tips, case studies and tools to help legal teams master the four essential ‘vectors’ of collaboration:

Within legal: The range of experts in in-house legal teams today, all bringing their own jargon, mindsets and approaches, can create potential obstacles to collaboration in an already time-pressured environment. Unleash the full potential of legal and non-legal talent. Rethink hiring and onboarding. Collaborate across countries and cultures. Elevate leadership skills and engineer work to make time for collaboration
With the business: In-house lawyers need to join a business discussion early enough to integrate their knowledge, and earn credibility for their commercial acumen as well as legal expertise. Create more innovative, strategic solutions by partnering with business leaders. Proactively engage with the board and c-suite to deliver value
Across functions: Trying to bridge silos for cross-organisation collaboration can create turf battles unless objectives, resources and credit are all clearly explicated upfront. Integrate with other departments (Finance, R&D, HR, etc.) to create more holistic solutions that capture opportunities, lower risk, and improve the employee and customer experience
Externally: Despite the value that external collaboration can provide, the time and trust needed to find common goals can be in short supply. Co-develop solutions to shape regulatory agendas and inform public discourse. Maximise value with outside counsel and other third-party legal providers

Vetted by dozens of General Counsel and in-house lawyers, this report will benefit all members of in-house legal teams and those who work with them (eg, executives, heads of other corporate functions, recruiters and consultants). Partners and leaders in law firms will also gain from a deeper understanding of their clients’ operations and aspirations.

Subjects:: Legal Practice Management, eBooks

Contents:: Figures; Tables; I. Introduction; 1. The four vectors; 2. Research methodology, confidentiality and terminology; 3. In this Special Report; II. The case for collaboration; 1. Benefits of in-house legal teams’ collaboration across all four vectors; III. Real and perceived obstacles to collaboration; 1. Barriers; 2. Closing thoughts on barriers; IV. Building collaboration within the in-house legal team; 1. From vision to strategy; 2. Hiring collaborative talent; 3. External hires – the three stages; 4. Collaborating across geographic divides; 5. Building leadership skills; 6. Making time for collaboration; 7. Closing thoughts on collaboration within the team; V. Smart collaboration with business executives; 1. Earn a seat at the strategy table; 2. Claim your seat at the strategy table and use it effectively; 3. Build two kinds of trust; 4. Concluding thoughts: collaborate by building relationships; VI. Smart collaboration between Legal and other corporate functions; 1. Proactively build relationships – while the pressure is lower; 2. Paths to building cross-functional relationships; 3. Explore others’ perspectives; 4. Building the bridge; 5. Smart Collaboration for In-house Legal Teams; 6. From responder to thought partner; VII. Smart collaboration with external stakeholders; 1. Degree of joint experience; 2. Collaborating with outside counsel, including law firms and ALSPs; 3. Collaborating with regulators; 4. Collaborating with legal team counterparts in other organisations; 5. Closing thoughts: collaborating outside the company; VIII. Smart collaboration: the ongoing opportunity; 1. The ‘dark side’ of collaboration: an over-committed organisation; 2. Final thoughts; Notes; Figures:; Figure 1. Four vectors of collaboration for in-house legal teams; Figure 2. Benefits of cross-domain collaboration; Figure 3. Business outcomes of employee engagement; Figure 4. Collaboration and performance – added value from smart collaboration; Figure 5. The reinforcing cycle of collaboration benefits; Figure 6. Barriers to collaboration for in-house legal teams; Figure 7. Collaboration and external hires – two paths; Figure 8. Three-stage process for external hiring; Figure 9. Multi-tiered benefits of role-based competency grids; Figure 10. Preference gap between giving and receiving feedback; Figure 11. Leader’s reaction to subordinate’s good news; Figure 12. How CEOs view Legal: cost vs. value-add; Figure 13. The Trust Staircase; Figure 14. From responder to thought partner; Figure 15. Avoiding the performance pressure trap; Figure 16. Smart collaboration with external actors: degree of prior joint experience; Figure 17. The danger zone; Figure 18. Measure it: collaboration across many teams; Tables