One Percent Legal - Opinion for your Legal Career & How to Hire Legal Counsel
  • Home
  • Blog
  • Interviews
    • General Counsel Interviews
    • Insider Interviews
  • Useful Info
    • Associate Life
    • Money
    • Favourite Lists
    • Career Advancement
  • Contact

One Percent Legal Blog

Bringing you opinion that matters

How does the way you recruit legal talent signal your personality?

9/28/2020

0 Comments

 
Picture
Did you know the way in which you recruit your legal team (from initial engagement through to hire) can give clues to your character and indicate how you operate in other facets of life? From romance and dining through to car selection, the behavioural character hints come thick and fast.

Read More
0 Comments

Why are lawyers working more effectively from home?

9/1/2020

0 Comments

 
Picture
2020 has undoubtably brought many challenges, it has also driven change, particularly the en masse transition to working from home. Countless industries have adapted in impressive fashion and the legal profession in particular has been a standout success story in this regard. Traditionally slow to adopt change, the work from home (WFH) move has typified that lawyers aren’t just coping but are working more effectively than ever, here are some of the reasons why:

Read More
0 Comments

Why are more lawyers than ever in the market for a new role?

7/16/2020

0 Comments

 
Picture
At date of writing: mid-July 2020 there is a significantly greater supply of lawyers looking for new positions than there are open positions for them to transition into. Let’s look at why this is and consider the implications for the legal recruitment market from both a client and candidate perspective.

Read More
0 Comments

Why In-house lawyers are NOT cost centres

10/24/2019

0 Comments

 
Picture
A cost centre is broadly defined as a department to which costs are allocated but that does not produce revenue for the business.
 
When a lawyer works in private practice as a fee earner they are revered as the money-making engine driving the machine forward, a definite profit centre. Lawyers here can point to their tangible contributions to the firm in the form of billable hours and attributable business wins/relationships. Congruently fee earning associates and more notably partners are held in high esteem and remunerated upon their evidenced contribution to the firm.
 
The phrases both profit and cost centre have questionable conceptual efficacy. Peter Drucker who originally coined the term profit centre later recanted, calling it "One of the biggest mistakes I have made". Asserting that there are only cost centres within a business, and “the only profit centre is a customer whose cheque hasn’t bounced”. Nonetheless the fear that hiring an in-house lawyer will cost your business money rather than saving it or even producing it is one which has stymied the growth of in-house legal teams for years.


Read More
0 Comments

How should I structure my legal team?

9/17/2019

0 Comments

 
Picture
It is best to begin by looking at the results you want to achieve. The two most desirable outcomes for all in house legal functions are to effectively serve their customer, ‘the business’ and reduce the total expenditure on legal while still providing that great service. Maximising the resources you have in place and developing a talent roadmap is essential to delivering on both the first and second objective.
​
Substantial in house legal functions usually take on a layered pyramid structure with the Group General Counsel at the top. Then one or more Deputy General Counsel below some may be based at headquarters, others leading regions of importance; EMEA or APAC or perhaps overseeing functional areas such as corporate or IP. Below these divisional heads you will find a series of further layered mini-pyramids, extending down and out to define the foundation of the department.

Read More
0 Comments

    Categories

    All
    Associate Lateral
    Australia
    Brexit
    Business Psychology
    COVID
    Executive Search
    Funds
    General Counsel
    International Relocation
    Legal Team
    Life In The Law
    London
    Money
    Recruitment Insight

Proudly powered by Weebly
Photos used under Creative Commons from dalecruse, Free Public Domain Illustrations by rawpixel, John Donges, etanliam, through the lens of Cityswift, liveoncelivewild, Artem Beliaikin, James St. John, Prayitno / Thank you for (12 millions +) view, Mirrorlessview, Francisco Anzola, Matthew Paul Argall, joncutrer, Samdogs, Le living and co.
  • Home
  • Blog
  • Interviews
    • General Counsel Interviews
    • Insider Interviews
  • Useful Info
    • Associate Life
    • Money
    • Favourite Lists
    • Career Advancement
  • Contact