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Beskrivning
Produktinformation
- Utgivningsdatum:2025-01-13
- Mått:156 x 234 x 10 mm
- Vikt:430 g
- Format:Häftad
- Språk:Engelska
- Antal sidor:199
- Förlag:Globe Law and Business Ltd
- ISBN:9781837230617
Utforska kategorier
Innehållsförteckning
- Executive summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ixAbout the authors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xvChapter 1: What do clients want? Working effectively with the general counsel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1By Ian White, consultant, executive coach, mediator, facilitator, and trainerUnderstand the business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1Like the business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2Independence is key (and becoming more important) . . . . . . . . . . . . . . . 3Likeability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4Live up to what you say . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5Don’t get it wrong – but if you do, own up . . . . . . . . . . . . . . . . . . . . . . . . . . . 5Listen . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5Shadow the general counsel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6Read about and be interested in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7Giving back and the rise of ESG . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7Working with the Board . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8Chapter 2: Understanding your client’s business . . . . . . . . . . . . . . . . . . . . . . 9By Adrienne Gubbay, senior commercial lawyerIntroduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9What does it mean to understand a business? . . . . . . . . . . . . . . . . . . . . . . . 9How can you leverage your industry knowledge to benefit your in-house customers? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11What steps can you take to deeply understand your in-house customer? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12How does obtaining instructions from an internal legal team differ from receiving instructions from a non-legal customer? . . . . 15Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16Chapter 3: How do GCs and law firm lawyers differ? Finding common ground . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17By Terezka Zabka, general counsel, San Diego PadresLaw firm and GC distinct roles and responsibilities . . . . . . . . . . . . . . . . . . 18Prioritizing billable hours and revenue vs focus on cost savings and efficiency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19Expertise and ability to compel vs influence and persuasion at all levels . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22Building a relationship and staying top of mind . . . . . . . . . . . . . . . . . . . . . 23Chapter 4: Beyond law – business-critical skills to navigate the intersection of law, business, and technology . . . . . . . . . . . . . . . . . . . . . 25By Natasha Norton, KorumLegalNo more detached lawyers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26A new definition of success . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26The business context – lawyers as business partners . . . . . . . . . . . . . . . . 27Risk management and mitigation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28Adaptability and resilience – legal work in an era of rapid change . . . 29Business- / client-centric thinking and communication . . . . . . . . . . . . . 30Leadership and influence in the business world . . . . . . . . . . . . . . . . . . . . . 32Technological proficiency and legal tech expertise . . . . . . . . . . . . . . . . . . 33Ethical responsibility – ethical decision-making in business . . . . . . . . . 33Sustainability and corporate social responsibility (CSR) . . . . . . . . . . . . . 34Leveraging legal expertise in the boardroom – bringing strategic value to corporate leadership . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34The lawyer of the future . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34Chapter 5: How to stay front of mind – business development and relationship building . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37By Claire Rason, Client TalkLet’s explore what we mean by business development . . . . . . . . . . . . . . 37Super skills . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39A model to practice – the Lawyer's Coach Business Development Matrix© . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44In summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46Chapter 6: The client view on ESG . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47By Jenifer Swallow, strategic advisor and former general counselIntroduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47Definitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47The state of play . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48The legal profession and ESG . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49Who is the client? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50What is driving client maturity? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52What clients want on ESG . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68Chapter 7: What clients look for in panel selection – diversity and culture . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71By Joanna Day, commercial business leaderThe need for diversity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71Categories of work . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72Playing to strengths . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73The auction process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75Being realistic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76A good cultural fit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77Chapter 8: Effective panel and relationship management . . . . . . . . . . . . 79By Joanna Day, commercial business leaderWhat is a panel? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79Panel management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82Relationship management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83Chapter 9: Fees and billing – a transparent approach . . . . . . . . . . . . . . . . . 85By Joanna Day, commercial business leaderLack of clarity / failure to scope appropriately . . . . . . . . . . . . . . . . . . . . . . . 85Help, it’s urgent! . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 86Lack of effective relationship management . . . . . . . . . . . . . . . . . . . . . . . . . . 88Billing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89Disbursements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91Added value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92Cost management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93Chapter 10: Matter management – collaborative working . . . . . . . . . . . . 95By Dr Heidi K. Gardner, distinguished fellow, Harvard Law School and CEO, Gardner & Co and Csilla Ilkei, insights director, Gardner and Co.Taking a step back – how legal needs are shifting . . . . . . . . . . . . . . . . . . . . 95Increasing demands to “move up the value chain” . . . . . . . . . . . . . . . . . . . 96Necessity of in-house collaboration across four “vectors” . . . . . . . . . . . . 97Implications for external counsel – how firms can respond to stepped-up demands . . . . . . . . . 98 Top ten reasons clients value smarter collaboration . . . . . . . . . . . . . . . . . 101Proving the point – outcomes of smarter collaboration for law firms and partners . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 105If it’s so in-demand and lucrative, why is it still so hard? Challenges to collaboration in law firms . . . . . . . . . . . . . . . . . . . . . . . . . . . 106Exceeding clients’ demands – practical, smarter collaboration how-tos . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 107Looking ahead . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 110Chapter 11: Active listening – do you know what your clients are asking for? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115By Claire Rason, Client TalkThe old way of client listening . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115What’s the new way? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 116Active listening . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 117What lessons carry across from active listening into active client listening? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118What is it that clients want? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 121Tricks of the trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 121Informal conversations and empathy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 122Chapter 12: An empathy-driven approach to client listening . . . . . . . . . 125By Paul Roberts, founder, MyCustomerLensThe purpose of client listening . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125Traditional client listening lacks empathy . . . . . . . . . . . . . . . . . . . . . . . . . . . 126Designing a client program outside-in . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 128Listen differently – adopt an always-on approach . . . . . . . . . . . . . . . . . . . . 132Always-on client listening in action . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 135Does AI automation reduce empathy? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 136Key takeaways . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 137Chapter 13: The strategic necessity of personalized client relationships . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 139By Helen Hamilton-Shaw, member engagement and strategy director, LawNetA client-centric culture – the foundation of personalized relationship building . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 141Empathy and understanding – the human element in legal services . . 143Building trust through transparent communication and efficient processes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 146Leveraging technology to enhance client care . . . . . . . . . . . . . . . . . . . . . . . 147The future of personalization in the legal landscape . . . . . . . . . . . . . . . . . 149Chapter 14: Building lasting, positive relationships with clients . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151By Thomas Santram, senior vice president and general counsel, CineplexThe trusted advisor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151Why do general counsel retain external counsel? . . . . . . . . . . . . . . . . . . . . 151General counsel hire lawyers – not law firms . . . . . . . . . . . . . . . . . . . . . . . . 153How to develop, grow, and maintain a relationship with a general counsel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 154You’ve received your first file – now what? . . . . . . . . . . . . . . . . . . . . . . . . . . . 155What does success look like for general counsel? . . . . . . . . . . . . . . . . . . . . . 158Add value to the working relationship . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 160Final thoughts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 162Chapter 15: Reimagining the law firm–client relationship in an age of AI ubiquity and data-centricity . . . . . . . . . . . . . . . . . . . . . . . . . . . 163By Robert Dilworth, managing director and associate general counsel, Bank of AmericaIntroduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 163Value in tectonic times . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 165Mindset, skills, and formation in a VUCA world . . . . . . . . . . . . . . . . . . . . . . 177Demographics and diversity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 177Reimagining the law firm–client relationship in an advanced information economy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 178Hallmarks of value in an age of AI ubiquity and data-centricity . . . . . 180The role of the corporate law firm . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 187Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 191About Globe Law and Business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 199
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