Senior counsel virtual event, Tuesday 28th July - Register now

Senior counsel virtual event, Tuesday 28th July - Register now

 

After a short break, we are resuming our virtual senior counsel session in partnership with Radius Law and F-Lex. The next session will take place on 28th July 10:15am-11:00am. We very much hope you can join us.

Register now

The session will provide you with the opportunity to hear from peers, share your experiences and discuss best steps to protect your organisation during the coronavirus pandemic. 

 

About the event

Law firm management: The impact of emerging ways of working on effectiveness and value

As the coronavirus pandemic unfolded, many law firms were at the ready to provide the in-house legal community with updates, toolkits, guides and more. Yet, media coverage revealed there was a massive disconnect between the needs of the in-house counsel and law firms.

Articles aplenty lamented that in-house counsel felt that law firms missed their opportunity to act as trusted advisors.  They failed to get under the skin of their businesses and offer effective support.

The number of firms vying for corporate business only seems to increase.  Now with alternative legal suppliers and consultants disrupting the traditional models of service, effective management of external counsel remains a continued challenge and priority.

The coronavirus pandemic has further exacerbated this challenge for legal teams. Increased workloads and the, frenetic pace of change to regulation needs to be balanced against the heightened cost pressures around external legal spend.

Join our next event in which we will discuss how law firms and legal teams can collaborate more effectively to deliver value to both parties.

 

“Your team's Tuesday morning sessions are the best type of interactive exchange I have attended in lockdown thus far.”

Senior Inhouse counsel

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Agenda

Chatham House peer discussion“Law firm management: The impact of emerging ways of working on effectiveness and value”. Topics will include:

  • What constitutes ‘value’ from external counsel? How can this ‘value’ be tangibly provided
  • The barriers and challenges of working with external counsel and how to overcome these
  • How to improve transparency and collaboration
  • The role of feedback, appraisals, action reviews and metrics

Research conducted by LexisNexis with over 300 legal teams found:

  • 25% of legal departments surveyed have no formal panel, whilst 32% of legal departments use a mix of law firms, alternative legal service providers and consultants
  • 58% stated that they associated high value with external counsel they used for high volume, repetitive work
  • Three-quarters of legal departments support broader collaboration within their organisation through energising and establish relationships beyond the legal department
  • ‘Knowledge and alignment to business strategy’ was rated as the top way legal departments measure the value of their panel and external providers

Get the latest COVID-19 updates. Iain Larkins, Founder of Radius Law, will highlight the key priorities for legal departments from recent government and regulatory guidance updates.  He will recommend practical next steps to consider.

Join the discussion today

This is a unique chance to share your thoughts and experiences with peers and gain invaluable market insights on how to support your organisation.

Register below and join us each week. Content will change each session based on your feedback.

Please let us know any discussion points through the Sli.do app, using the event code: FS2503. Questions will be covered by the hosts during the call.

 

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About the author:

Louisa leads marketing for the in-house legal community at LexisNexis. She joined the dedicated in-house team at LexisNexis four years ago and has a passion for driving and facilitating initiatives which are customer-focused at their heart. Her vision is to support in-house counsel succeed in their fast-evolving role based on deep insight, data analysis and best practice gathered across the in-house community.

Prior to her in-house focused role, Louisa led the marketing for the bar and mid-market private practice sectors as well as product marketing lead for LexisPSL - LexisNexis' cloud based, practical guidance and legal research software solution.

She brings 20 years' marketing experience both client and agency side, specialising in B2B marketing in the Legal, TMT (Telco, Media and Technology) and Financial Services industries. In both South Africa, Europe and the UK.

Louisa is also an active member on the LexisNexis Gender Equality Matters (GEM) steering committee and is involved with the Families at LexisNexis Group which brings together, supports and lobbies for change those with an interest in balancing the challenges of work and family.