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An Innovation Playbook for the “Future-Fit” Legal Function

Maturity: General 

White Paper by Allen & Overy

In this white paper, Allen & Overy condenses their experience into 10 essential lessons that in-house leaders can share with their peers about managing the ‘future-fit’ legal function, as they have found themselves facing new opportunities, learning about the emergence of new technologies, and discovered new innovative approaches to solving legal problems. 

– Lesson 1: Align your legal innovation priorities with enterprise goals
– Lesson 2: Divide your transformation vision into short term and long term horizons
– Lesson 3: Create a clear innovation roadmpa
– Lesson 4: Diversity your team to foster innovation capabilities at all levels
– Lesson 5: Adopt the disruptors’s mindset to face brave decisions head-on
– Lesson 6: Analyse current activitiy to diagnose the most frequent pain points
– Lesson 7: Focus efforts on process standardisation to create real efficiency gains
– Lesson 8: Build a credible use case for technology investment to secure investment and adoption
– Lesson 9: Harness the know-how of external partners to accelrate progress
– Lesson 10: Pilot new approaches to prove quick wins and convince spectics
– Conclusion: Tackling the innovation challenge

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December 20, 2024

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