US Bank Shares What Makes Its 25-Year Legal Operations Arm Successful
In 1995 with a new general counsel, First Bank System, now U.S. Bank, brought on its first director of legal operations. Today, the legal ops function has improved the legal department, especially with law firm selection.
September 05, 2019 at 04:51 PM
4 minute read
The original version of this story was published on Corporate Counsel
Legal departments in most companies had been doing the work of legal operations for decades, but just not giving it a name. However, in 1995 with a new general counsel, First Bank System, now U.S. Bank, brought on its first director of legal operations. Mary Baker has helped grow the legal department and expand the scope of legal operations to other parts of the business.
At the time, Baker had spent 16 years in an administrative leadership role at Dorsey & Whitney when a senior partner at the firm, Lee Mitau, was tapped to be general counsel at First Bank System. Baker switched jobs with him and had been made the director of legal operations. Her first initiative was to grow the law division.
"We came in at a time when it was First Bank System and there were 10 legal professionals in the law division and compliance reported to the general counsel's office," Baker explained.
In the past 24 years, following a series of acquisitions including that of U.S. Bancorp in 1997, the law division went from 10 full-time employees to 250. Baker added she has 10 employees solely dedicated to legal operations. She said that growth, largely taking place between 2005 and 2010, was a rewarding challenge.
"Each time the company would grow in size, we had the opportunity to step back and staff to accommodate what the new client's needs were," Baker said.
The second goal of legal operations at the Minneapolis-based bank, Baker said, was expanding its scope to other divisions of the bank.
"We are viewed as their business partners," Baker explained. "We are consistently providing metrics and data around outside counsel spend to show them where we can be leveraging internal resources."
Legal operations at U.S. Bank oversees strategy, communication, legal expense, outside counsel and data management within the legal department. She also said she made it a goal to let the more business-facing departments at the bank know what the legal department can do for them.
"If I were to step back and say what the biggest change is it would be that our goal which is to continually look at how we can align ourselves with the business lines," Baker explained.
U.S. Bank's general counsel, Jim Chosy, said legal operations plays a large part in law firm selection. He explained in years past the law division would just go to a Big Law firm for the majority of its work.
"I think that our lawyers, being as busy as they are, would be much more prone to go to their friendly neighborhood Big Law firm," Chosy said. "Without legal operations, we wouldn't have a basis for doing otherwise."
Now, the selection of outside counsel is much more methodical and scientific because of the dedicated legal operations function at the bank. Chosy explained they use firms of all sizes and specialties, with the law division's preferred firm list a collection of the bank's biggest providers based on spend. But more importantly, he said, they keep issues in-house when they can.
Baker said a majority of the work the legal operations function is doing now surrounds technology and innovation. The function sponsors different academies and avenues for employees from all parts of the business to learn how to use the available technology most effectively.
"The law division truly reaches everywhere," Baker said.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllFrom 'Confusing Labyrinth' to Speeding 'Roller Coaster': Uncertainty Reigns in Title IX as Litigators Await Second Trump Admin
6 minute readNew Class Action Points to Fears Over Privacy, Abortions and Fertility
Trending Stories
- 1Friday Newspaper
- 2Judge Denies Sean Combs Third Bail Bid, Citing Community Safety
- 3Republican FTC Commissioner: 'The Time for Rulemaking by the Biden-Harris FTC Is Over'
- 4NY Appellate Panel Cites Student's Disciplinary History While Sending Negligence Claim Against School District to Trial
- 5A Meta DIG and Its Nvidia Implications
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250