Just as markets are converging, so too are corporate functions, and what was once seen as support inside a company has become foundational to growth and market share. The legal function is suddenly in the spotlight. It has an opportunity to “skip a generation of change” by accelerating legal transformation. The Corporate Legal Department, a very technical function of the company, with broad responsibility for managing risk and advising the company strategically on achieving its revenue growth goals, is changing.
Van Leeuwen FCRM’s legal managed services is an umbrella offering that provides technology-enabled support, including automation for high-volume repetitive or event-driven legal work (where permitted by law). Legal managed services are delivered in close collaboration with professionals from across the various service lines and practices. The major areas of Van Leeuwen FCRM’s legal managed services include: a) Entity compliance and governance; b) Contract lifecycle management; c) Research and regulatory mapping; and d) Document review and functional analysis
Corporate Legal Departments are seeking ways to have greater transparency. They reduce third-party spend with legal providers. Corporate Legal departments are also looking for a coordinated, one-stop-shop approach for managing cross-border legal needs. Van Leeuwen FCRM provides coordinated and efficient services to assist clients in the following areas: (a) Corporate and Commercial law; (b) Labour and Employment law; (c) Transaction law; (d) Digital Law; and (e) Financial services Law.
Meet the legal department operations (LDO) professionals – a new position in corporate legal departments that is increasingly helping free up attorney time to focus on legal matters instead of operational ones. The recognition that operations, innovation, technology, and procurement should actually be the responsibility of an identifiable individual, rather than part of the portfolio of the general counsel is the biggest emerging trend in legal operations.