In the memorable words of the former US Secretary of Defence, Donald Rumsfeld, when it comes to risk, there are "known knowns", "known unknowns" and "unknown unknows"... That is we don't know what we don't know. Unfortunately, though, "not knowing" is rarely a defence for a business that breaches a law or regulation. That's why training colleagues on legal issues can provide a fantastic ROI for an in-house lawyer's time.
Category: Legal Team Management
Agile project management for lawyers: beyond the hype
On the legal conference circuit, the topic of working in an “Agile” environment has been cropping up so frequently, you could be forgiven for thinking it’s a hot, new project management method. But try bringing up Agile with someone from a software or technology background and they’ll likely scratch their head and wonder why the …
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In-house lawyers and the innovation economy
We live in an era of unprecedented technological change. Against that backdrop, Australian companies are all busy disrupting, transforming, getting agile and going digital. Companies are using a range of initiatives to make sure they are the ones to get an early start and not be left behind by the next big thing in their …
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Learning from disaster – how a “pre-mortem” could save your next supply chain project
According to research by PMI - only 57% of projects are finished in budget and 52% finished on time. 15% of projects are deemed as a total failure - that is a project disaster. The risk of project disaster goes up for projects executed over a long timeframe or with higher-than-average complexity. Supply chain projects …
How legal procurement is helping in-house legal teams get better results
In-house legal departments are under constant pressure to take on more work, but usually have little flexibility to add more lawyers to the team. It is more important than ever for teams to get the best possible value from their external relationships. This is driving a trend towards in-house teams working with procurement professionals to improve how they purchase legal services...