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The Association of Corporate Counsel (ACC) is the world's largest organization serving the professional and business interests of attorneys who practice in the legal departments of corporations, associations, nonprofits and other private-sector organizations around the globe.

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Articles

Fostering Collaboration: Building Strong Relationships Between Corporate In-House Legal Departments and Outside Counsel

By Liz Lugones, COO/Senior Advisor, UpLevel Ops

In today's complex business landscape, collaboration between in-house legal departments and external counsel is crucial. Law firms are an extension of a legal team and provide substantive expertise unavailable on the team and support on high-volume, high-risk matters requiring additional expertise. Read this article for key strategies that can help corporate in-house legal departments develop robust partnerships with their external counsel.

Articles

Global Legal Insights Legal Guide to Corporate Tax 2023

By Global Legal Group

In this multi-jurisdictional guide, explore an overview of key legal issues, rules and developments regarding corporate tax across a range of jurisdictions.

Some topics covered include the macro-economic factors caused by the war in Ukraine, the associated global inflation, and the remaining pressure on the capacity of tax administrations.

Articles

Legal Operations Pioneer Profile Part 2: The Next Acts of David Cambria

By An Trotter, Senior Director of Operations and Hearst Lab Advisory Board, at HEARST

In the July issue of the ACC Observer, David Cambria shared his unique and broad perspective on legal operations' current trajectory. This column focuses on Cambria's career experience, which makes his insights worth contemplating.

Articles

A Methodology for Legal Transformation: Assessing, Aligning & Advancing Your Department

By Catherine J Moynihan, Sr. Director, Strategic Intelligence & Advisory, Hyperion Global Partners (Epiq)

In a recent article in Harvard Business Review, a team of researchers showed that 78% of transformations fail. Their analysis showed that “people are the catalysts of successful transformation.” Check out this article to find out how to move beyond working in silos, incremental improvement, and isolated innovation to achieve transformation and why it’s important to have a structured process to engage leadership in setting objectives and guiding transformational change.  

Articles

Global Legal Insights Fintech 2023

By Global Legal Group

In this multi-jurisdictional guide, explore an overview of key legal issues, rules and developments regarding fintech across a range of jurisdictions.

Some topics covered include blockchain startups and more.

Articles

Unmuck Your Contract Lifecycle Management (CLM) Implementation

By Rebecca Yoder, Director, Legal Operations Consulting, Epiq

Contract Lifecycle Management (CLM) is often caught in cross-functional turf wars. Consequently, many find that the system in place is not the hoped-for “silver bullet,” especially as unmet requirements surface across the organization. Moreover, the benefits documented in the CLM business case may always seem just beyond reach, especially as phased roll-outs stall amidst frustration and disappointment that what was pitched by the vendor turned out to be more difficult to actualize than it seemed.

Articles

Global Legal Insights: Banking Regulation 2024

By Global Legal Group

This guide provides comprehensive insight into banking regulation in 19 jurisdictions around the world.

This guide covers key topics including regulatory architecture, bank capital requirements, bank governance/internal controls, Fintech, and rules governing banks’ relationships with their customers and other third parties.

Articles

Savings is Not a Strategy

By Stephanie Corey, Co-founder and CEO, UpLevel Ops and Casey Flaherty Co-founder and Chief Strategy Officer, LexFusion

Savings is not a strategy. Imagine a CEO opening an earnings call by celebrating the money the company “saved” on deal counsel and due diligence by not moving forward with an otherwise strategically vital acquisition. The stock would crater because leadership would rightly be judged as majoring in the minors.

As a line item, legal spend is a minor consideration. Rather, legal spend is better characterized as a relatively small investment that enables the business to execute on what matters.

Legal spend should be dictated by business needs. Those business needs are only escalating with the explosion in legal complexity. The increasingly law-thick environment in which businesses operate is having a profound impact on corporate top lines, bottom lines, valuations, and strategic opportunities. Trying to save money on legal is myopic—and excruciatingly common.

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