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Objectives Legal department strategic plans are the governing framework to guide government legal department business plan, managerial, financial and organizational decision-making for in-house legal organizations.
Even "best-in-class" legal departments face numerous, complex challenges when running a high-performing in-house legal organization. Corporate and legal department goals are more dynamic.
To address these many managerial, legal, financial and organizational challenges - and achieve clarity around in-house legal department objectives, in-house legal leaders must establish a role that goes beyond merely monitoring legal matters, overseeing operations, and allocating resources.
Without a governing framework aligned to the corporate business strategy, legal departments can under-invest in areas highly critical to the business. Legal department strategic planning has shifted from the "nice to have" to the "must have" of the high performing in-house legal organization.
Indeed, those departments who make the excuse "we are too busy with the day-to-day to find time to plan" will find themselves only falling further behind "peer" departments and competitors who have a deliberate plan to focus resources and effort. A strategy and legal department goals provides both long-term direction and boundaries; it identifies and capitalizes on the unique competencies of the in-house legal organization.
Legal Department Strategic Planning: Overview At Argopoint, we understand the leadership and managerial challenges that are unique to in-house legal departments. We have a track record of working with leading legal departments across diverse industries to help them chart their strategic direction, identify and exploit critical opportunities, and improve core operational performance.
But many find it a bit intimidating and therefore avoid itbecause it requires them to frame up, estimate, and confront a future that they can currently only guess at. Stress can increase when there is the perception that choosing a strategy involves decisions that explicitly limits some possibilities and options.
Legal department strategic plans are the governing framework to guide legal, managerial, financial and organizational decision-making for in-house legal organizations. Even "best-in-class" legal departments face numerous, complex challenges when running a high-performing in-house legal organization. · Suffice it to say you will need to check with your legal department for specific requirements in your business and industry! I would like to thank my good friend, Eddie M. Pope, for his insightful contributions to this article, our upcoming book, and my ever-growing pool of lawyer feelthefish.com?p= · Government Legal Department Business Plan Our business plan shows our objectives and targets for the year and the resources feelthefish.com://feelthefish.com
The opposite, is, in fact true. It is the failure to plan - and therefore defaulting to reactive capabilities - that truly limits options. We direct our clients through our tested strategic planning process that includes a rigorous formulation of strategic options, data-driven evaluation of alternatives, and measurements to ensure sustainable implementation.
An effective strategic plan will allow an in-house legal department to accomplish the following: Establish a portfolio of priorities that drive differential resource allocation and differential targets across the legal department.
By way of more efficient day-to-day operations and an enhanced stakeholder value, other departments benefit from this higher level of performance. Recognize the departmental core capabilities and constraintsenabling optimal utilization of outside counsel.
Create demand management disciplines. Legal departments fail when they become "order takers"; they need to actively identify customer needs and prioritize stakeholder requests. Please note - the concept of legal department strategic planning is fraught with many misconceptions.
One of the biggest is to confuse the annual, typically finance-driven, corporate budgeting process that most legal departments use as "strategic planning. The conversion of legal department changes and initiatives into corporate three and five year financials is not a strategy.
Departments that rely on a corporate budgeting process to develop and test strategic assumptions are woefully under-served and typically disappointed.
Additionally, strategy and strategic planning is not a "corporate efficiency exercise. Producing a high volume of legal services and counselling at lower unit costs is not the same as pursuing effectiveness and excellence. Without a strategic direction, efficiency is both meaningless and ineffective.
Solutions and Savings Our clients complete our strategic planning process with a clear idea of their desired "future state", their current capabilities, and a "road map" to get from "current state" to the "future state.
Ultimately, our clients complete our process aligned around their new strategy and ready to execute. Additionally an effective strategic planning process will improve in-house legal departments relationships with their business clients and align the department with enterprise-wide objectives.
In-house legal departments with an effective strategy leverage their resources to enhance their effectiveness, organizational impact, and become highly cost-effective. Understanding where your department is on the journey, and how progress on that path can be accelerated is a critical first step.
Some legal departments are new to this kind of process. Others have prior experience, but experienced disappointment and found aspirations fell short of hopes for strategic planning.
Still others have a planning process in place - and seek an upgrade and wish to build on and enhance prior success. Argopoint's expertise and knowledge of leading departments "best-practices" are reasons why legal department leaders speak to us first when they want to get started.feelthefish.com – the official website of the Singapore Government.
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Even "best-in-class" legal departments face numerous, complex challenges when running a high-performing in-house legal feelthefish.com /legal-department-strategic-plan.
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departments and to more than a hundred other government and public bodies. It is one of the largest legal organisations in the UK with. · Business Continuity Plan Departmental Template Questions regarding this template may be directed to: continuity, including its definition, the legal basis for continuity planning, the Continuity Program Management Cycle, and essential elements of a viable continuity When developing the Business Continuity Plan of your Department, keep feelthefish.com BCP feelthefish.com