The Bionic Lawyer — Maximising value creation in the legal eco system, Rob Booth GC and CoSec, The Crown Estate Part 1

The Bionic Lawyer — Maximising value creation in the legal eco system, Rob Booth GC and CoSec, The Crown Estate Part 1  

 

Creating a conundrum

Rob Booth, General Counsel (GC) and Company Secretary of The Crown Estate joined our  recent LexisNexis Aspire networking and professional group facilitated by Sophie Gould, to share both his personal experience, advice and top tips as GC and CoSec and introduce an exciting new initiative led by Rob in the legal profession – the #bioniclawyer project.

Rob started by providing an overview of his role within the Crown Estate: primarily, that he is responsible for one of the largest sovereign wealth funds - mostly made up of property assets. When he was first made GC, he was left feeling unsure of what to do and, when asked by his superiors what his goal as GC would be, he replied that he wanted to ‘…deliver a sustainable competitive advantage for The Crown Estate…’.

This statement, although naïve, taught him the merits of starting with a purpose in any role – but he conceded that this should perhaps be with slightly more forethought than he had delivered his own statement! This impulsively-produced purpose transpired to be an idea that has been written about widely and provided an excellent starting point for Rob in his new role.

Value

The next stage, however, was working out how to harness this purpose. Rob explained that the best way to do so is to find the value that it can produce; every purpose should be creating value, and sometimes this can be recognised by being conscious of the value being created around you.

Rob mentioned how, before he qualified into law, he studied science, and much of his leadership strategy was motivated by a desire to make things similarly formulaic. This was demonstrated by the ‘Value Equation’ he had created, in the form of the below diagram

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About the author:

Claire is a paralegal is the LexisAsk and Commercial and Sectors teams at LexisNexis teams. She previously did a law conversion at BPP Law school and plans to study the LPC latterly. She is an English literature graduate and hopes to combine her studies by pursuing a career in the IP sector.

Claire is a keen member of the LexisNexis Singers and practices with them weekly. Outside of work, Claire is a keen hockey player and cyclist and brings this energy into everything she does in her job.