In Conversation
As one of Australia’s longest serving GCs, there’s not much Marcus Clayton hasn’t thought of when it comes to running a legal function. We get his thoughts on how to embed tech within a successful team.
The number one goal of innovation in our legal team, in an organisation manufacturing basic commodities, is to be able to do more with less – to consistently deliver high quality outputs at lower cost, so we are contributing to improving our organisation’s profit. There’s always pressure to keep costs to the minimum, but there is also a particular risk in needing to do more and more in terms of meeting increasing compliance requirements whilst containing costs.
The second goal is to increase reliability. There are more regulatory requirements to deal with and more things being asked of us, and to do that confidently and efficiently we need to make sure that the information and the processes we’ve got to be able to do that are robust and reliable – so I know that when the CEO wants a piece of information I can produce it reasonably quickly, and we are providing various stakeholders with confidence about our organisation’s governance.
