Efficiency is crucial in the legal landscape, particularly for South African lawyers who navigate the complexities of the industry. However, we need to pay more attention to planning and organising ourselves to make it easier. Here are my top tips for lawyers.
To optimise your legal processes and position yourself as a business accelerator, consider the following strategies when you engage as a new in-house counsel or serve a new start-up client or one with very little structure:
1. Templates and Playbooks:
Streamline your templates to align with market standards. Develop contract playbooks with compromise levels for effective negotiations.
2. Security and Privacy Compliance:
Ensure the platforms and website you use policies align with regulations.
3. Liability Approval Matrix:
Document a structured approach for indemnification negotiations. Track liability caps and terms for future due diligence.
4. Internal KPI:
Set realistic contract reviews and redline turnaround times. Provide internal stakeholders with clear expectations.
5. Training:
Conduct annual training on contract templates and critical terms. Make training interactive and focused on business acceleration and how you add value in that context.
By adopting these strategies, you can position yourself as a valuable business accelerator, laying a solid foundation for continued success.
Enhance your skills today and join the path to becoming a legal project manager in South Africa, enrol for our Applied Legal Project Management Course and Submit Acceptable Assignments to qualify as an internationally certified Legal Project Practitioner. We also offer the Legal Project Associate accreditation for support staff who do not meet the legal practitioner (LLB) and workplace prerequisites set by IILPM.
To learn how to structure your legal career better, join us for our Legal Project Management Training or watch this for FREE first.
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