Learning from adjacent industries – the legal teams that thrive and not just survive

Learning from adjacent industries – the legal teams that thrive and not just survive

In April 2023, LEX360 and The Legal 500 held the UK’s first ever legal Gemba Walk, utilising methods from Lean Six Sigma. Gemba is from the Japanese for ‘the real place’, and it is the most important place for a team as it is where the work happens. The Gemba Walk allows management teams to leave their daily routines, and experience how the team works and build better trust relationships, understand the issues, and find solutions. Our first Gemba Walk was provided by the award-winning legal team at E.ON UK.

Based on our research, there are five actions that legal leaders should undertake to drive a culture of continuous improvement:

  1. Clarity of purpose – The legal leader must understand and be able to explain what their business expects from the legal function today and in the future. Having a clear strategic plan ensures that a gap analysis can be undertaken between current and future state to achieve the goal including timelines and costs.
  2. Prioritising improvement opportunities notwithstanding barriers such as budget, time and other resources – Often with a bit of vision, leadership and space, team members will step up and drive initiatives that will deliver personal or professional gain. Utilising existing technology stack, wider business initiatives or opportunities from the supply chain constraints can be managed.
  3. Creating an improvement mindset for the function – Many lawyers are fixated on perfection, which can prohibit continuous improvement and therefore legal leaders should create an open, inclusive workplace where the team are free to experiment and are recognised equally for the wins and the failures. An environment where ‘to do my job and improve my job’ are both important.
  4. Look at adjacent teams and businesses for best practice – Blueprints for most legal problems exist, attending conferences and having information calls to understand how others have addressed your priorities can circumvent inefficiencies. The legal eco-system is great for sharing know-how and best practice, therefore utilise your connections.
  5. Help the team understand ‘the art of the possible’ of what helming a transformation project could mean to them personally by highlighting industry role models or career paths – Every senior legal job description today has an element of how general counsel (GCs) have embedded strategy and delivery. Time spent on legal improvement projects will enhance CVs and create examples for interviews.

Story of E.ON

E.ON presented to an excited audience their background, their ESG and digital transformation journey. Some of the key highlights are listed below:

  • Purpose: To provide personalised energy solutions to our customers.
  • Aspiration: Drive to Net Zero by 2030.
  • Over six million customers and 8,000 employees

The role of the legal team: they are there to help colleagues with commercial decisions, risk appetite discussions, experience, and knowledge of corporate history, all of which are not strictly speaking ‘Legal’ but add value to our business. E.ON’s GC Kirin Kalsi provided: ‘there are no silos – resource is utilised on a fluid basis depending on capacity and specialism, including on special projects’.

They have one firm outsource arrangement, outsourcing non-BAU work (such as disputes and M&A) and to cover peak periods (eg, close to year end) ‘as they do not resource to cover peaks, but to cover base load, therefore peaks require external support’.

The Gemba walk included E.ON sharing the great work that the legal team have been doing on ESG and their net zero goals.

Goals of LEAP

The legal industry is littered with articles and conferences chasing the latest shiny object that will ‘transform’ in-house teams with ‘innovative solutions’ et al. The issue many have with this is that it can often feel like an echo chamber of the same names, saying the same thing to the same clique. Change is hard, and for in-house teams to enable change, practical help is needed, and the best way to learn how to enable change is to listen to people who have done it. To hear how they did it, the failures and successes, and the things they would do differently.

Legal Excellence Pioneers (LEAP) is a transformative learning academy for the in-house legal community. Attendees benefit from in-depth case studies provided by pioneering counsel. The case studies will outline the highs and lows experienced during specified improvement projects.

The concept

A partnership between Mo Zain Ajaz (LEX360) and The Legal500, LEAP will feature immersive presentations centred around the A3 concept from Lean Six Sigma. The concept covers the following steps:

  • Goals: The transformation, why it was chosen, and how it was achieved.
  • Resources: The team, tools, and systems used to deliver the outcome.
  • Learnings: Reflections on the successes and setbacks experienced.
  • Roadmap: An overview of the organisation’s strategic vision for the next three years.

Why LEAP?

  1. Purpose-led: LEAP is dedicated to offering value-driven content, tools, and know-how. Our events will be based on extensive research, providing a high-quality learning experience.
  2. Addressing industry problems: Research from GCs reveals enduring challenges across intake, delivery, supply chain, and technology. LEAP will provide a blueprint for addressing these issues to bring about lasting change.
  3. Lean principles: Leveraging tried and tested methodologies from the Lean Six Sigma world to showcase the transformations.
  4. Building a network: By attending LEAP events, in-house counsel will build a network of peers for ongoing support beyond the events.

David Burgess, publishing director, The Legal 500

Sponsored briefing: The importance of maintaining a constructive media relationship throughout litigation

Sponsored briefing: The importance of maintaining a constructive media relationship throughout litigation

The potential for reputational damage from ongoing litigation is increasingly recognised across the legal sector. Even where the value of a dispute going through court may be relatively small, the reputational damage that can result from the hearings – particularly at trial – can be vastly greater. It is therefore vital to have a comprehensive strategy in place to manage any media attention that the case may receive, both to put the client’s narrative forward and to parry any talking points floated by the other side.

While it may seem advantageous to seek to minimise media attention at all costs during hearings that are likely to go poorly, this can often backfire. Seeking to push forward the client’s position and narrative only during positive parts of a case, and otherwise largely not engaging with the media, can cause long-term issues for credibility when working with those journalists relying on the parties for information around a case. Litigation is a contact sport both in the courtroom and in the press, and it is vital to have a team of experts advocating for you in both arenas. Continue reading “Sponsored briefing: The importance of maintaining a constructive media relationship throughout litigation”

Life During Law: Georgia Dawson

Life During Law: Georgia Dawson

I wasn’t sure what I wanted to be when I was growing up. I went through periods of thinking maybe I’d become an architect. There’s also this amazing magazine in Australia called Gourmet Traveller. It’s about food and travel, and I thought it would be quite nice to be a journalist for them. I still enjoy looking at architecture and I love the built environment, food, and travel.

I had a conversation with the career counsellor at school. She said, if you’re not sure, then law is a great general degree that gives you options for the future. My dad happens to be a lawyer as well, so I had some familiarity with the law. When I started the degree, I still wasn’t quite sure what I wanted to do but I really enjoyed it. I loved the problem solving. Continue reading “Life During Law: Georgia Dawson”

Kirkland departures rack up as Paul Weiss makes major London and New York plays

Kirkland departures rack up as Paul Weiss makes major London and New York plays

August’s reputation as a slow month for lateral hires has been turned on its head in recent weeks, particularly considering the shock departure of debt finance rainmaker Neel Sachdev from Kirkland & Ellis. In what is one of the biggest City law moves in the last five years, Sachdev moves to Paul Weiss, taking with him a team made up of debt finance partner Kanesh Balasubramaniam and capital markets partners Matthew Merkle and Deirdre Jones.

The moves establish an English law offering at Paul Weiss for the first time, in a display of serious intent from the firm. Sachdev, previously a top earner at Kirkland and one of its longest-serving partners, has a book of top-tier financial sponsor clients including Apollo, Bain Capital and Strategic Value Partners. Continue reading “Kirkland departures rack up as Paul Weiss makes major London and New York plays”

Numbers unveiled: 2022/23 financial results show 8% average revenue growth

Numbers unveiled: 2022/23 financial results show 8% average revenue growth

The annual flood of financial results has engulfed the market once again, with Legal Business 100 firms observing how the Magic Circle firms in particular have performed compared to City peers.

Financial performance reported among UK firms so far reveal an estimated average growth of 8% in revenue, only slightly down on the average revenue growth of 9% recorded in our 2022 LB100 report. However, the picture is different for profit per equity partner (PEP), where growth has been minimal or flat and falling short of average performance in 2022, where PEP also grew by 9%. Continue reading “Numbers unveiled: 2022/23 financial results show 8% average revenue growth”

‘The investment opportunity of a lifetime’: could a booming infrastructure sector offer firms a route into high-value transactional work?

‘The investment opportunity of a lifetime’: could a booming infrastructure sector offer firms a route into high-value transactional work?

According to Dealogic, 2023 saw the lowest Q1 global deal volume and value since 2012, with just 9,400 deals worth almost $591bn.

But the infrastructure, energy, and projects sector has remained resilient. Dealogic reports 1,953 utility and energy deals worth over $253m in 2022 – a drop in value of just over 16% on 2021, and still higher than all but one of the years 2013-19. Firms on both sides of the Atlantic have noted this, and have invested heavily in infrastructure in recent years, as evidenced by Clifford Chance (CC)’s recent Houston launch. UK-based firms argue that their full-service capabilities give them an edge in the sector. But opinion on this strategy remains split. Some question the importance of full-service capabilities – in the US market in particular. Continue reading “‘The investment opportunity of a lifetime’: could a booming infrastructure sector offer firms a route into high-value transactional work?”

The social mobility conundrum: a quantitative or qualitative approach?

The social mobility conundrum: a quantitative or qualitative approach?

Following Slaughter and May’s July announcement that it would be setting ambitious social mobility targets for 2033, Holly McKechnie spoke to Magic Circle peers to see how they are each approaching the issue

Slaughter and May has pledged to increase its representation of individuals with a lower socioeconomic background (LSEB) by 25% across its total workforce population from a baseline of 19% by 2033. This includes a target to increase its lawyer population from a LSEB to 15% from a baseline of 10% and its business services population to 40% from a baseline of 35%. The metric used by Slaughters to determine an individual’s socioeconomic background is parental occupation at the age of 14.

Continue reading “The social mobility conundrum: a quantitative or qualitative approach?”

‘The raconteur’s raconteur par excellence’: Industry mourns loss of ESG luminary Paul Watchman

‘The raconteur’s raconteur par excellence’: Industry mourns loss of ESG luminary Paul Watchman

‘Have I told you my friend’s story about being a munchkin in The Wizard of Oz in Aberdeen in the 1980s? Phone me when you are bored.’ Such messages – as apparently apropos of nothing as they were impossible to ignore – were not uncommon from Professor Paul Quayle Watchman, former Freshfields partner and ESG guru who sadly passed away at the start of July.

Paul’s more irreverent missives were often intermingled with ‘serious’ work-related emails about ESG initiatives, the climate crisis and other subjects which were close to his heart. Another of the best reads: ‘I’m having a few days away at a spa hotel. I can’t loosen the knots. Help me Nathalie. Send scissors to Room 125. Better make it bolt-cutters.’ Paul always used good humour as an antidote to the more depressing side of modern life and for that, he earned a tremendous following, both professionally and personally. Continue reading “‘The raconteur’s raconteur par excellence’: Industry mourns loss of ESG luminary Paul Watchman”

Sponsored briefing: Ask the private banker to senior lawyers

Sponsored briefing: Ask the private banker to senior lawyers

Emily Bernstein is an experienced private banker at Investec who specialises in supporting legal leaders and senior lawyers. Here, she tackles the unique financial challenges facing senior legal professionals

‘Currency markets have been volatile and I’ve lost control of my US dollar income. What can I do?’ Continue reading “Sponsored briefing: Ask the private banker to senior lawyers”