Corporate Counsel | Best Practices|News
By Jacqueline Thomsen | October 7, 2021
"Trauma is on the rise right now," Manning said, noting that rates of anxiety and depression have increased since March 2020. "And it's not getting better."
Corporate Counsel | Best Practices
By Seth Darmstadter | September 15, 2021
Given the current state of law firm economics and the surge in demand for legal services, those in charge of corporate legal departments would be wise to reframe their fiscal mandates. Instead of looking to take a hatchet to their budgets for outside counsel, GCs should be focused on optimizing the legal spend and viewing their lawyers and law firms as assets to be leveraged. But how can GCs derive a return on their legal spend investments?
Corporate Counsel | Best Practices
By Lucy Bassli | September 14, 2021
Contracting is all about process for legal teams. Process is vital to improving contract lifecycle management because all contracts go through some form of a life cycle which itself, is a process.
Corporate Counsel | Best Practices
By Phillip Bantz | September 13, 2021
"The results are not as good when you send an email saying, 'We're all going to care about each other now.' People see through that," said Religion of Sports GC Ben Mauceri.
Corporate Counsel | Best Practices
By Phillip Bantz | September 8, 2021
"Before, we were spending more on individual investigations. Now, we're spending most of our compliance budget on systems, processes and proactive things that we do in advance to make sure we reduce the investigatory requirements on the back end," said general counsel Rashida La Lande.
Corporate Counsel | Best Practices
By Lucy Bassli | August 30, 2021
The legal department is generally perceived as the "blocker" – slowing down contracting and thus, the business. They are seen as the people to avoid or else, the contract may fall into a black hole... So the question becomes: who in legal does the review?
Corporate Counsel | Best Practices
By Lucy Bassli | August 16, 2021
Playbooks help simplify contracting because they are used in conjunction with contract templates. Playbooks can take many forms; differentiating between the necessary types and numbers of playbooks is possible without making the process too complex.
Corporate Counsel | Best Practices
By Michael W. Peregrine | August 5, 2021
An important new governance survey provides a unique opportunity for leadership to assure that key corporate responsibility-focused officers have appropriate levels of authority and visibility within the organization.
Corporate Counsel | Best Practices
By Lucy Bassli | August 2, 2021
Designing and using templates is the easiest place to start for legal teams that want to streamline their company's contracting work. They are easiest because they fit precisely within the skillset of the attorneys. Attorneys know the words that go into contracts; actually, they know lots of words (maybe too many). Therein lies much of the problem.
Corporate Counsel | Best Practices
By Scott Steinberg | July 27, 2021
Constant change is the new normal in business, and uncertainty the only certain for modern executives. To stay relevant in a fast-changing world, market leaders must continually change and innovate as well. Thankfully, one simple shift in thinking can help your legal department and organization successfully stay ahead of the curve.
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