Uno de los retos a los que se enfrentan los departamentos legales in-house es poder medir el impacto de su trabajo. En esta sesión, presencial en Bogotá socializaremos algunas buenas prácticas para la definición de métricas que permitan medir el impacto de las iniciativas y trabajo de los departamentos legales.

Location: Coworking Counity, Carrera 13 # 93-35 Bogotá Colombia

Descubra cómo los principios de CLOC pueden transformar las operaciones legales de su equipo. En este webinar, exploraremos cómo un General Counsel ha aprovechado estas prácticas para optimizar la eficiencia y fomentar la innovación dentro de su departamento legal. Analizaremos métodos para mejorar la colaboración, optimizar procesos y gestionar presupuestos de manera más efectiva. Esta sesión le proporcionará enfoques prácticos y probados que pueden maximizar el valor de las operaciones legales en su organización. No se pierda esta oportunidad de obtener insights valiosos y aplicables para su propio equipo.

Associated with Mexico

Join your CLOC New York peers for this in-person discussion focused on optimizing your legal department. We’ll dive into measuring Key Performance Indicators (KPI), calculating Return on Investment (ROI), and using these metrics to guide strategic planning as we look ahead to next year. Learn beside peers while networking and connecting with legal operations professionals in the New York region.

Space is limited -register now to save your spot and check back for additional event details.

AGENDA

• 4pm-5pm: Arrival and open networking
• 5pm-5:20pm: Critical KPI’s for a Legal Department and How to Calculate ROI to Establish Metrics
  • Jessica Jones Escalera, Managing Director, Head of Legal Operations – Americas @ HSBC 
• 5:20pm-5:40pm: Utilizing Metrics to Guide Operations and the Legal Departments Strategic Planning
  • Jessica Williams, Director of Legal Team Strategy and Operations, FanDuel 
• 5:40pm – 6:00pm: The General Counsel’s Perspective: Impact of Strategic Planning on the Organization
  • Alexia Maas, Founder & CEO | General Counsel & Business Adviser, Stratevix 
• 6:00pm – 7:00pm: Happy hour & open networking

Hors d’oeuvres and beverages provided. This event is graciously supported by Malbek.

Associated with CLOC New York

Join your CLOC peers in the Pittsburgh/Ohio region for a virtual roundtable discussion sharing insights around your legal ops opportunities and challenges.

AGENDA

1. Welcome
2. Regional Group Updates
   1. ACC & CLOC Event
3. Discussion Topics
   1. Share & Tell – recent/current projects
   2. What are you budgeting for in 2025?
   3. ALSPs and Contractors
   4. LegalOps interns?
   5. Latest and greatest in Legal Tech
      1. AI
      2. CLM
      3. Process Orchestration / Workflow
      4. Chatbots
      5. Other?
4. Closing Remarks

Associated with Pittsburgh/Ohio

This webinar will share the findings from an upcoming white paper produced by CLOC and Priori, as well as feature discussion with some of the legal operations professionals who participated in the white paper. You’ll learn about trends in how legal departments of all sizes are approaching legal spend and gain insights into their decision-making processes. 

Topics to be covered include a framework for prioritizing legal spend projects, key considerations for analyzing legal spend (such as internal resources and work assessment, legal technology and outside counsel and other external resources), and how departments consider these factors and make decisions that optimize spend. 

Modern legal entity management has finally transcended its traditional confines in the general counsel’s office, and not a moment too soon. In fact, we see this happening more frequently, with legal departments increasingly involving compliance (48%), governance (38%), finance (35%) and tax (25%) business units in entity management activities.

By no longer limiting itself to a small team of legal colleagues, the corporate record can finally be used for strategic decision-making. However, even with more business units participating in entity management, is there room to make this an even more powerful partnership? The answer lies with your colleagues in Finance & Tax.

Finance: Follow the money

Formally engaging the finance department can help more senior executives beyond the general counsel’s office understand entity management as an important business priority. Finance departments are often profit centers (as opposed to the legal department, which is often viewed as a cost center).

And for finance teams, entity data is increasingly important to their strategic planning processes. This year, the volatile markets and increased financing costs have pushed companies and funds to act more cautiously than in years past, with a higher priority on entity restructuring (and spinoffs), smaller M&A deals, and looking at past opportunities with fresh eyes. However, these short-term activities are only setting up for a bigger potential play in 2023; with high rates of undeployed capital — or dry powder — in the capital markets, 80% of Deloitte’s survey respondents believed that may be an opportunity to catch the wave and invest their cash as targets rise in value.

These opportunities, both short and long term, require a comprehensive understanding of entity data and a strong compliance track record to be competitive. Yet, 49% of companies still report using Excel to manage their entity data and a quarter reported at least one entity out of good standing in the last 24 months.

It is in the finance department’s best interest to find and invest in solutions that ensure the meticulous execution of entity management processes and empowers them to stay competitive for whatever opportunity arises.

Tax: Fighting complexity with collaboration

The Head of Tax seeks out opportunities that minimize costs and drive efficiency. Yet global complexity has hampered their agility in a trend that only seems to increase: in 2023, 45% of TMF Group’s accounting and tax experts anticipated compliance to grow over the next five years, which demonstrates the operational strain these business units are increasingly facing.

However, there’s acute awareness that with access to the right data at the right time, these heads of tax can ward off complexity. Focusing on global tax provisioning and integrating tax data company-wide are the top two priority for tax professionals in 2023, of which entity data is interlinked. By using technology to create a holistic view of the organization’s tax burden, this alignment with the legal team breeds efficiency, reduces redundancies and maximizes the potential for growth.

Entity technology: The path to partnership

In a world where collaboration reigns supreme, technology’s importance in connecting disparate business units cannot be underestimated. By creating a single source of truth for your entity data stored in a self-service database, tax, finance and legal teams can finally strategize from a collective playbook. This playbook can unlock the potential for growth, risk mitigation, and efficient decision-making. The era of entity management as a cross-functional responsibility has arrived, transforming it from an individual effort into the team sport it was always meant to be.

Diligent

Diligent Entities is the world’s leading purpose-driven entity management technology solution.  With solutions across governance, risk, compliance, audit and ESG, Diligent empowers more than 1 million users and 700,000 board members and leaders to make better decisions, faster. No matter the challenge.

Now that you know the value of partnering with tax and finance teams, take a closer look at how entity management technology can help you solidify that partnership and practice more efficient entity management.