Amid increasing regulation, scrutiny and pressures on costs, today’s legal teams are facing new demands to deliver legal services more efficiently and drive more value. With COVID-19 causing even more disruption, the pressure to transform legal operating models is reaching new heights.
As Heads of Legal are called on to do more with less at a time of rising regulatory and financial risk, they must also manage rising internal scrutiny from boards and senior management over how they are governed and operated. The legal function is more and more pressured to demonstrate how they are improving their efficiency and creating value.
Essential for this challenge is the right strategy. Together with your, we review which effects the strategies of the business units have on your service and which requests of tomorrow are already emerging today. We integrate these into a sustainable organizational model, entailing 6 dimensions: (1) structure (2) processes, (3) sourcing, (4) people, (5) technology and (6) performance.
We will review the current organizational design, whether it is aligned to the organizational strategy and business requirements. Well-designed processes are at the core of fast, high-quality service. By analyzing and redesigning current core and back-office processes (without the aid of technology), we achieve significant efficiency gains. Based on strategic relevance, complexity and risk potential, we define a new internal and external service portfolio and assign clear responsibilities to all tasks. We develop a resilient return on investment for new measures to reduce budget constraints. And we work with you to install effective metrics for measuring the legal department. To ensure maximum efficiency gain, these processes should be supported by state-of-the-art technology. Together we will define a tech strategy which fits to your requirements and allows you to gain maximum benefit.
In short, we reposition the lawyers – from a back-end activity to a forward-looking, strategic function and an indispensable part of the decision-making process.
The prerequisite for this is a functioning operating system, a target operating model, which regulates the necessary structural and procedural organizational measures – we have it.