How to manage your Legal Department’s resources?
Day One created the Business & Legal Planning methodology to make sure that Legal Department resources are aligned with business needs.
Business & Legal Planning is a means, a tool and a process. It is a means for mapping objectives, needs and challenges. It is a tool for planning and prioritizing legal tasks according to various stakehoders. Moreover, it is a process designed to follow up and evaluate the efficiency of the Legal Department.
The General Counsel can:
- Draw together business needs, objectives, resources and projects for the coming year.
- Understand exactly how to plan for and organize financial and human legal resources.
- Set up follow up tools and KPIs to show the Legal Department’s added value
In-house counsels get a better understanding of:
- The business people’s objectives
- Major deadlines
- Challenges facing the business people
- It is also a a good opportunity to communicate about the added value provided to business people by the Law Department
For business people it is:
- A way to interact with the Legal Department and to explain to them what they intend to do in the next 12
- An opportunity to better understand what in-house counsels can bring to the business side when they work together.
The General Counsel will be involved in setting up such a plan. It will be followed up on a quaterly basis during face-to-face meetings between in-house counsels and business people. The point of these meetings is to appropriately allocate resources, taking into account what can happen what hasn’t been foreseen, and depending on the strategic impact, urgency or importance of the project.
It is a very efficient way to emphasize the Law Department’s added value.Jérôme Rusak