A company’s culture can cause problems if employees perceive the company as not being concerned about their needs. Corporate culture must be examined to see if it reflects the company’s values and helps employees succeed at their jobs.
We are often told that a defined strategy is needed to achieve success in business. But is an articulated strategy enough? I would argue it is not. There must be shared understanding and alignment across the organization on the desired outcomes for that strategy while also ensuring that resources are enabled and inspired to succeed. This is where an empowered Legal Operations function comes into play.
Climate change and diversity are among the topics that have drawn interest from investors in the last few years, which in turn has lead to boards of directors addressing those issues. In-house counsel can help the board by anticipating investor and shareholder interest in certain topics.
The US Department of Justice (DOJ) has seen billions of dollars in settlements stemming from whistleblower claims, and the US Securities and Exchange Commission has seen an increase in whistleblower tips related to cryptocurrency.
The ACC-Smarter Law Solutions free benchmarking and consultation service (acc.com/smarterlaw) has proven to be a hit since its launch in 2019. While we are thrilled at the positive feedback we’ve received from our clients, we thought that it would be interesting to respond directly to a few widely held hesitancies expressed by those considering a basic benchmarking or performance improvement process. We gathered some of these questions and sent them to Smarter Law Solutions CEO, Trevor Faure for his candid counsel. We were particularly interested in his perspective on concerns about taking on a consultant agreement in these turbulent times for legal operations.
During a government investigation in-house counsel must always protect the interests of the company, which may be different than the interests of employees. Companies can mitigate damage to their organization by cooperating with the government to obtain leniency.
The advent of the pandemic forced companies to adopt to a digital work world in a short amount of time. Companies had to implement business solutions and train their employees and customers on new software. While the pandemic has impacted how work is done for almost two years, the digital changes to business are here to stay. Further digitalization is on the horizon for most businesses if they want to remain competitive.
While there are plenty of providers ready, willing, and able to solve your problems, not every system is a good fit for each department. This article includes the top ten points you should understand before selecting and implementing a new CLM.
The Schrems II decision invalidated the US/EU Privacy Shield program for data transfers, but a replacement has not yet been negotiated for US companies. Schrems II will impact US data transfers eventually, but in the meantime US companies can prepare for the changes.
This issue-spotting roadmap is designed to aid with identifying potential legal and practical issues associated with the implementation of new approaches to futureproofing an organization, particularly focused on new technology in the workplace.