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ON-DEMAND INSIGHTS

3 Steps In-House Lawyers Can Take to Thrive in the New Year

3 Steps In-House Lawyers Can Take to Thrive in the New Year

January 27, 2023 at 11:30 AM - In-House Lawyers,

The start of a new year is often marked with resolutions to do things differently, whether in our personal or professional lives. However, despite the best of intentions, competing priorities and unexpected events can easily sidetrack these goals. This year, the threat of a recession looms large and is already beginning to impact business across all sectors, including legal services. For in-house legal departments, such predictions will likely create pressure to do more internally with fewer resources, which is why lawyers must double down on setting goals for themselves and following through in order to meet the challenges of the year ahead.

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Adding Value as In-House Counsel

Adding Value as In-House Counsel

December 21, 2022 at 10:11 AM - In-House Lawyers,

How many times have lawyers heard that:

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Top 10 New Year Resolutions for In-House Counsel

Top 10 New Year Resolutions for In-House Counsel

January 4, 2022 at 11:07 AM - In-House Lawyers,

Resolutions for the new year are typically serious and focused on important areas of our lives, such a health, exercise, career development, and being better organized

Although these are all noble initiatives, laughing more often also can improve the start of the new year. As ee cummings said: “ The most wasted of all days is one without laughter.”

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Rules for Being an Effective General Counsel

Rules for Being an Effective General Counsel

December 22, 2020 at 3:45 PM - On-Demand General Counsel,

For those of you who are fans of Bill Maher or Dua Lipa, the idea of “New Rules” is a familiar one: identifying issues and committing to a new way doing things to improve outcomes. As we near the end to a challenging year, I have been thinking about my personal “rules” for being an effective General Counsel, and how they’ve evolved over time to reflect an ever-changing professional landscape. These “GC rules” have helped me whether working full-time or part-time, internal or external, as a newbie or a lifer. And because the whole purpose of developing rules to live by is to evolve and grow, I hope this list encourages you to reflect on your own rules (and maybe even share them with us!). So here goes, my current Top 10 GC Rules:

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In-House Counsel’s Balancing Act: Managing Risk without Stifling Growth

In-House Counsel’s Balancing Act: Managing Risk without Stifling Growth

August 7, 2019 at 2:04 PM - In-House Lawyers,

Managing risk is an integral part of conducting day-to-day business operations. When business leaders seek legal support, the in-house team should resist the temptation to reflexively say “no” when a course of action appears, at first glance, to pose significant risk. On the flip side, they also should avoid being a “yes-man/woman” to the C-suite. Instead, internal counsel can add significant value by looking beyond legal risk alone to identify, evaluate and manage the company’s total risk profile in a way that helps management achieve legitimate business objectives.

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The "Outside" GC: A New Opportunity for In-House Lawyers

September 14, 2018 at 1:55 PM - On-Demand General Counsel,

"I think one of the best indicators of career satisfaction for an on-demand GC is that, like me, many lawyers choose this role at the pinnacle of their in-house careers. I am able to continue pursuing a professionally challenging career, while maintaining control over my time and my life," explains Outside GC Member, Lakshmi Sarma Ramani, in her recent article published in the ACC Docket's July/August issue. 

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In-House Counsel: Tackling the Toughest Deals, Part 4

In-House Counsel: Tackling the Toughest Deals, Part 4

October 12, 2016 at 12:36 PM - In-House Lawyers

All of your hard work to this point will culminate in Step 4 – Negotiation. You’ve prepared yourself and your business partner, and secured a commitment from business and legal on the other side to a system with proven results for closing important deals on tight timeline. However, given the nature of business negotiations, this is also the point where things can easily go awry as a result of delayed approvals or worse, a breakdown in the original agreement. The following suggestions are designed to keep negotiations on track and bring the deal across the finish line quickly and efficiently as promised:

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In-House Counsel: Tackling the Toughest Deals, Part 3

In-House Counsel: Tackling the Toughest Deals, Part 3

October 5, 2016 at 8:40 PM - In-House Lawyers

In many ways, Step 3 – Bringing in the Other Side – is the most important component of handling complex deals on a tight deadline. It can also be the most delicate, which is why you must rely heavily on the assistance of your business partner in order to make this happen. In my experience, securing a commitment to expediency from the other side is best achieved by adopting the following approach: 

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This publication should not be construed as legal advice or a legal opinion on any specific facts or circumstances nor an offer to represent you. It is not intended to create, and receipt does not constitute, an attorney-client relationship. The contents are intended for general informational purposes only, and you are urged to consult your attorney concerning any particular situation and any specific legal questions you may have. Pursuant to applicable rules of professional conduct, portions of this publication may constitute Attorney Advertising.

Outside GC is an innovative approach to legal services for growing and mature businesses. Companies who engage Outside GC fall into two main categories: (1) those without in-house counsel who need regular, on-going legal support but do not wish to hire a full-time in-house lawyer, and (2) those with in-house counsel who do not wish to add more full-time resources to their existing in-house staff. Contact us to speak to one of our on-demand attorneys.