Many legal managers of small law departments in multinational corporations face the same dilemma: While continuously being asked by the CEO and CFO to cut budgets and reduce staff or freeze them at current levels, expectations are ever-higher to deliver the same past or increased value creation to generate corporate success.
A cornerstone of every international small law department’s strategy should be the most efficient management of its law firms in the countries. From a perspective of managing your portfolio of pan-European law firms, we look at the top five issues and which rules should guide you in matching corporate expectations and exceeding deliverables to executive management and shareholders.