Getting to the Heart of The Business: How Legal is Moving up The Value Chain: Driving Efficiency and Effectiveness in a Global Legal Team
Abstract
In the post financial crisis world of greater regulatory scrutiny and a stronger focus on corporate governance and compliance, the enforced modus operandi for many legal and regulatory teams is to do more work with the same - or fewer - resources. At the same time, as commercial and competitive pressures grow, companies are increasingly expecting their legal teams to be true business enablers - dispelling perceptions of “Legal” as business blockers. Indeed, in many organisations today, the legal team has become far more involved in the broader business strategic agenda, either through necessity or proactive inclusion, and, in the process, has moved up the value chain.
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