Knowledge Managers' (LIKE) Forum: Identifying, storing and sharing knowledge to add value
Knowledge Managers' (LIKE) Forum: Identifying, storing and sharing knowledge to add value

The following In-House Advisor guidance note provides comprehensive and up to date legal information covering:

  • Knowledge Managers' (LIKE) Forum: Identifying, storing and sharing knowledge to add value
  • The importance of consolidating legal knowledge
  • Identifying value
  • Delivering value
  • Identifying and delivering knowledge
  • What are the challenges and practical solutions?
  • How is the information communicated?
  • How do you record and manage information?

The LexisNexis® LIKE Forum (the Forum) met on 28 March 2017 for a session hosted by Ian Leedham, head of Commercial (Consultant) at Thames Water Limited.

Ian’s presentation and the wider scope of the session focused on how to identify, store and share the knowledge that in-house legal teams have at their disposal. At the core of the discussion was how such knowledge, once identified, could be used to add value.

Key topics covered in this paper include:

  1. identifying value of the in-house legal team

  2. delivering value to the wider business

  3. identifying and delivering knowledge

  4. challenges and practical solutions

  5. how is the information communicated?

  6. how to record and manage information

Click here for a PDF copy of the Forum paper.

The importance of consolidating legal knowledge

Ian opened the session with a discussion of the tension between aspiration and reality when it comes to the knowledge available within a business. While people want easy access to a small well of concise information, what they actually have is a 'dirty ocean of information that’s leaking and failing'.

More often than not the collective knowledge of legal teams is stored in a vast, unruly collection of boxes, without structure or sense. The solution? 'It’s time to bring record management out of the basement'. Paper should no longer be the primary medium for storing information; it is