By Kai Jacob, Dierk Schindler, Roger Strathausen
This publication compels the felony career to question its present identification and to aspire to develop into a strategic accomplice for company executives, consumers and stakeholders, remodeling felony right into a functionality that creates incremental worth. It offers a uniquely wide variety of forward-looking views from numerous diversified key-players within the felony undefined: in-house criminal, legislations organisations, LPO’s, criminal tech, HR, institutions and academia. This booklet is a platform for top attorneys that provides a brand new standpoint at the accelerating transformation in felony. Combining professional contributions with editorial insights, it argues that the hot criminal functionality will shift from a paradigm of safeguard to at least one of chance; that destiny company attorneys will now not basically be negotiators, litigators and directors, yet that in its place they are going to be coaches, arbiters and intrapreneurs; that felony wisdom and data-based prone becomes a commodity; and that analytics and dimension should be key drivers of the way forward for the career. A must-read for all lawyers, this e-book units the direction for revitalizing the profession.
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Extra resources for Liquid Legal: Transforming Legal into a Business Savvy, Information Enabled and Performance Driven Industry
Lawyers will educate clients and enable them to think legal at the outset of business endeavors. Lawyers will help avoid the emergence of conflicts by setting proper expectations and moderating diverging interests, and they try to resolve conflicts before they turn into litigation cases and go to court. 2 Thesis 2: Future Corporate Lawyers Will No Longer Be Primarily Negotiators, Litigators and Administrators— They Will Be Coaches, Arbiters and Intrapreneurs A Legal departments operating under the paradigm of opportunity instead of security will change the role and the tasks of lawyers.
In LL, p. xiii. 12 The debate in Germany about whether or not corporate counsels are allowed to remain exempt from public old age insurance can be seen as an expression of this identity crisis. In 2012, the German Federal Social Court (BSG) had ruled that corporate counsels do not practice law, thus could not become members of insurances for lawyers and, consequently, could not be exempt from public insurance. This BSG ruling was adjusted in 2015 by parliament which strengthened the legal status of corporate counsel as lawyers.
Under the current security paradigm, however, legal work often is a zero-sum game. The goal of negotiations and litigations is to “win”—more security for one side means less security for the other side. Under the opportunity paradigm, lawyers will cooperate to create win-win results. ” 5 collaboratively across departmental and organizational borders. Lawyers will educate clients and enable them to think legal at the outset of business endeavors. Lawyers will help avoid the emergence of conflicts by setting proper expectations and moderating diverging interests, and they try to resolve conflicts before they turn into litigation cases and go to court.
Liquid Legal: Transforming Legal into a Business Savvy, Information Enabled and Performance Driven Industry by Kai Jacob, Dierk Schindler, Roger Strathausen