Amid all the commotion about value generated by outside lawyers, what about value generated by in-house lawyers? Demonstrating value created or enabled by the inside legal team is one of a general counsel’s hardest challenges. For a “cost center,” it’s an uphill fight to become recognized as a “value center.”
Some of the perplexity of “inside value” swirls around definitions, scope, measurement and explanation. Recognizing that complexity, this column tries to make progress toward better understanding by means of nine propositions. These propositions seek to clarify and advance what should be an ongoing, vital discussion: How can we show that inside lawyers produce significant value above their cost?
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