Podcasts about lex mundi

 In this episode, Meg is joined by Eric Staal, Vice President of Global Markets at Lex Mundi, to discuss challenges faced by General Counsel in responding to geopolitical issues affecting their companies, and handling various stakeholders as part of their response, how those challenges have changed the relationship between in-house counsel and external advisers and what options are available to GCs to better navigate those issues. 

In this week's episode, Meg is joined by Eric Staal, Vice President, Global Markets at Lex Mundi, the world's leading network of independent law firms. They discuss the consequences of AI adoption by in-house teams, the ESG considerations that are keeping GCs up at night and how the billable hour is affecting relationships between in-house and private practice, all in the context of a new “regulatory supercycle”.

Transitioning from Founder-Led to Perpetual Governance Models: The Most Difficult Challenge that Many Professional Service Firms ever face The transition that any firm must undergo if it is to survive and thrive after its founders retire affects every aspect of the organisation. It is at the same time both strategic and intensely personal. For founding partners, it involves giving up control of an organisation that in many cases defines who they are and trusting the next generation to lead and manage it into a successful future. For that next generation, it means stepping up to a whole new level of responsibilities. It almost always involves difficult discussions, including about money, power and influence. For the firm's employees, the outcome determines no less than their future livelihoods. For clients, such transitions can significantly impact the quality of service that they receive in both the long term and while the transition is underway. This issue is deeply relevant in 2021; the (then) young entrepreneurs who founded a disproportionately large number of professional service firms in the early 1990s are fast approaching retirement. Many have been immensely successful, building firms that stand proudly pre-eminent in their markets. The role that those founders will play in their twilight professional years, and indeed whether or not these firms will even survive without their founders, depends on how well the transition is planned and executed. In this panel discussion recording, you can hear Session Chair, Rob Millard (Founder, Cambridge Strategy Group – Law Firm Management Consultant) and esteemed panellists, Fernando Peláez-Pier (Founding Partner, Hoet Peláez Castillo & Duque- a former president of the International Bar Association and the Lex Mundi network), David Shufflebotham (Founder, PEP Up Consulting – Partner Remuneration Specialist), Claire Watkins (Partner, Buzzacott LLP – Head of Professional Practices Group) and Zulon Begum (Partner, CM Murray LLP – Partnership and M&A Law specialist), discuss and provide expert insights on the major challenges and considerations for such transitioning firms, including: The relative merits of potential exit models to balance founders' and next generation partners' interests, including a straight return of capital and profit share (or “naked in, naked out”); post-retirement annuities; consultancy arrangements; sale on exit based on agreed value (and typical valuation approaches and expectations); and returns based on a future capital event. Developing a governance transition strategy and adequate succession planning, including understanding the firm's current position and future requirements as well as managing timing and communications. Issues involved in transitioning family-owned firms, including challenges caused by not having clear, institutionalised governance, processes and opportunities for all partners, the need to have open early conversations about the exiting partners' interests and to build consensus on the firm's future. The legal and operational issues and how to approach key provisions in the firm's constitutional documents, including weighting of founder and next generation voter rights, profit sharing arrangements, anti-embarrassment clauses, annuity provisions, post termination restrictive covenants, admission of new partners, partner “lock-in” provisions, mandatory retirement age and change to firm name clauses (amongst others).

The transition that any firm must undergo if it is to survive and thrive after its founders retire affects every aspect of the organisation. It is at the same time both strategic and intensely personal. For founding partners, it involves giving up control of an organisation that in many cases defines who they are and trusting the next generation to lead and manage it into a successful future. For that next generation, it means stepping up to a whole new level of responsibilities. It almost always involves difficult discussions, including about money, power and influence. For the firm’s employees, the outcome determines no less than their future livelihoods. For clients, such transitions can significantly impact the quality of service that they receive in both the long term and while the transition is underway. This issue is deeply relevant in 2021; the (then) young entrepreneurs who founded a disproportionately large number of professional service firms in the early 1990s are fast approaching retirement. Many have been immensely successful, building firms that stand proudly pre-eminent in their markets. The role that those founders will play in their twilight professional years, and indeed whether or not these firms will even survive without their founders, depends on how well the transition is planned and executed. In this panel discussion recording, you can hear Session Chair, Rob Millard (Founder, Cambridge Strategy Group – Law Firm Management Consultant) and esteemed panellists, Fernando Peláez-Pier (Founding Partner, Hoet Peláez Castillo & Duque- a former president of the International Bar Association and the Lex Mundi network), David Shufflebotham (Founder, PEP Up Consulting – Partner Remuneration Specialist), Claire Watkins (Partner, Buzzacott LLP – Head of Professional Practices Group) and Zulon Begum (Partner, CM Murray LLP – Partnership and M&A Law specialist), discuss and provide expert insights on the major challenges and considerations for such transitioning firms, including: The relative merits of potential exit models to balance founders’ and next generation partners’ interests, including a straight return of capital and profit share (or “naked in, naked out”); post-retirement annuities; consultancy arrangements; sale on exit based on agreed value (and typical valuation approaches and expectations); and returns based on a future capital event. Developing a governance transition strategy and adequate succession planning, including understanding the firm's current position and future requirements as well as managing timing and communications. Issues involved in transitioning family-owned firms, including challenges caused by not having clear, institutionalised governance, processes and opportunities for all partners, the need to have open early conversations about the exiting partners’ interests and to build consensus on the firm’s future. The legal and operational issues and how to approach key provisions in the firm’s constitutional documents, including weighting of founder and next generation voter rights, profit sharing arrangements, anti-embarrassment clauses, annuity provisions, post termination restrictive covenants, admission of new partners, partner “lock-in” provisions, mandatory retirement age and change to firm name clauses (amongst others).

In this episode, Elevate's Stephen Allen, Vice President, Get Sh*t Done, talks with Helena Samaha, the President, and CEO of Lex Mundi. Lex Mundi is the world´s largest law firm network, providing information to its member firms about developments in local and global law. [01:17] Lex Mundi – the who, what, and why. [02:30] Helena's view on innovation and strategy. [04:40] Lex Mundi is evolving – talent and technology. [07:42] Equisphere – a solution to coordinate global delivery across countries and firms. [10:42] 2021 – The state of law firms. [12:49] What's next? [14:01] Advice on managing change.

 Steve Bell is a senior consultant at LawVision. A pioneer of law firm sales and marketing, in 2001 he created the legal profession’s first sales function at Womble Carlyle and continued to lead the team for 18 years. He was a longtime leader and was elected as Chair of Lex Mundi’s Marketing and Business Development Committee. Prior to his successful career at Womble, Steve built and led sales forces at Price Waterhouse and Grant Thornton, where he was a partner. This wealth of innovation and in-house experience renders Steve’s advice as leading-edge, pragmatic, practical and grounded in law firm realities. Steve and co-author Silvia Coulter, a principal at LawVision have written and will soon release a new book: SAM-Legal: From Key Clients to Strategic Accounts, A Guide to Law Firm Strategic Account Management.  “You may read more about Steve’s background and experience at https://lawvision.com/consultants/steven-m-bell/    Learn more about your ad choices. Visit megaphone.fm/adchoices

This week on the Legal Genie Podcast, our host, Lara Quie interviews Terri Mottershead, innovator, podcaster, author, and the Executive Director for the Centre for Legal Innovation at the College of Law in Australia. Terri is based in Brisbane, Australia, and has been a thought leader in people centered legal practice innovation for more than 25 years. She works internationally with leaders and managers of law firms, legal departments, community legal centres, alternative legal service/product providers, legal associations, legal incubators and accelerators, legal tech entrepreneurs, law schools, business schools, business professionals and lawyers, supporting their contribution to the transformation of legal practice. Prior to joining the Centre in 2016, Terri was a practising lawyer specialising in corporate/commercial and environmental law. She subsequently transitioned into leading the in-house talent management departments for firms and associations including Lex Mundi, the Inter-Pacific Bar Association (IPBA) and DLA Piper LLP (US). She also led or taught on practical legal education initiatives in law schools in Asia, Australia and the US. In 2010, Terri founded Mottershead Consulting in the US, and later expanded it to Australasia, to focus on supporting lawyers, legal business specialists and law firms in identifying, developing and transforming their capabilities and practices to a new way of delivering legal services/products to the market. Terri has served on more than 50 boards and committees for not-for profit, for profit, legal associations and organisations. Terri's work in legal practice management globally was recognised with her appointment as a Fellow of the US College of Law Practice Management. Her work in legal innovation has likewise been recognised through invitations to judge legal industry awards including the Professional Development Consortium Innovation Award (US), The Legal Forecast/QUT Starters Queensland Disrupting Law Hackathon, and the ALPMA/LexisNexis Innovation Thought Leadership Award. Terri was recently appointed as the representative for Australia on the Asia-Pacific Legal Innovation and Technology Association Advisory Board and profiled as a legal industry thought leader by McCullough Robertson for its Year 101: Women in Law initiative.Terri is a frequent keynote speaker at legal industry events and contributes regularly to legal industry publications on the future of legal profession, practical legal education and law firm talent management.In this episode Terri talks about:·         Her background and journey into law·         Her move from private practice into professional development·         Her subsequent move into pracademic consulting·         Her passion for thinking about how to do things differently·         How technology has impacted law firms·         How the legal ecosystem includes talented specialists in other fields·         The billable hour vs. fixed fees·         Use of the term “non-lawyer”·         How coaching has helped her develop a growth mindsetPlease support the Legal Genie podcast and help others find it by rating and reviewing it https://podcasts.apple.com/gb/podcast/the-legal-genie-podcast/id1547984248

Sally is Talking Law with Helena Samaha; the President & CEO of Lex Mundi, the world’s leading network of top-tier independent law firms in 160 jurisdictions, working together seamlessly to deliver consistent, high quality, advice to clients for solving cross-border legal challenges.  Helena shares her global perspective on the legal profession, from gender equality and diversity to remote working and increasing efficiency. She also recalls what it was like working as an in-house lawyer for the Virgin Group; steering the company through a period of rapid expansion into new markets and products. Presented by barrister Sally Penni, founder and chair of Women in the Law UK Find us on LinkedIn or at WomenInTheLawUK.com This episode is supported by Lex Mundi

Lonely Cap; Grimace Begins; Always Recruit a Good Stage Manager; Unexpecting the Expected; The Hills Have Eyes Wide Shut; The Gang’s All Here; Lex Mundi; LeVar Burton Told Me to Do It; IISG: Victor’s Just Another Word for Nothing Left to Fries; October Comics Onslaught; LCBRB: Workin’ on My Night Force(Captain America #2 - 3:52,Cosmic Ghost Rider #2 - 9:46,Astonishing X-Men #14 - 14:05,Infinity Wars #1 - 18:25,The Seeds #1 - 25:14,Adventures of the Super Sons #1 - 30:53,Justice League #5 - 33:12,Leviathan #1 - 36:36,Is It Still Good? - 40:11,October 2018 Solicitations - 46:51,LBCBR: Night Force #1 - 1:41:00)

Deborah Knupp has worked globally with CEOs, managing partners and professionals as a coach and business executive for 25 years. She has helped leaders in the legal, accounting and financial services fields align their people and business objectives to create cultures based on the principles of accountability, integrity and authentic relationships.Her work focuses on making the work environment a place where the best employees want to work, where profitable clients want to buy, and where inspired leaders want to serve a bigger purpose in their communities. Prior to joining GrowthPlay, Deborah founded Akina, a national consulting, training and coaching firm that helps professionals rethink relationship building to increase sales and organizational effectiveness.Akina spent the last decade as an industry leader in business-development training and coaching for lawyers, successfully training and coaching thousands of attorneys at over 150 law firms worldwide. Akina also served insurance advisors, financial advisors, accountants and management consultants. Prior to founding Akina, Deborah was a front-line sales and human resources executive with Alcan Packaging, Frito-Lay and Pearle Vision. Her diverse background ranges from general management of a $75 million business unit to facilitating strategic global leadership and culture-change management initiatives. Deborah is a highly sought after international speaker in business development, relationship building, culture and leadership, having been a superior-rated speaker for organizations including the Legal Marketing Association, Association of Accounting Marketing, National Conference of Bar Foundations, National Conference of Bar Presidents, American Bar Association, Chicago Bar Association, Association of Legal Administrators, The Coalitions for Women’s Initiatives in Law Firms, Empowering Women Network, Loyola University, IIT – Chicago Kent School of Law, Lex Mundi, Meritas and US Law.

I spoke with Simon Truskett, a Sydney-based senior partner at Clayton Utz in the firm’s Corporate Advisory / M&A group, who is the new chair of Lex Mundi, a global association of independent law firms, with 160 member firms in 102 countries. The association features a client advisory council in which leading in-house counsel advise on ways to improve client service. Members also exchange information on practice management, administrative support, and technology usage. In terms of trends, he noted Lex Mundi’s interest in broadening its reach in Africa and Asia because of increased competition from international firms and a more globalized client base that expects its professionals to provide services where they are.

I spoke with Simon Truskett, a Sydney-based senior partner at Clayton Utz in the firm’s Corporate Advisory / M&A group, who is the new chair of Lex Mundi, a global association of independent law firms, with 160 member firms in 102 countries. The association features a client advisory council in which leading in-house counsel advise on ways to improve client service. Members also exchange information on practice management, administrative support, and technology usage. In terms of trends, he noted Lex Mundi’s interest in broadening its reach in Africa and Asia because of increased competition from international firms and a more globalized client base that expects its professionals to provide services where they are.

I spoke with Simon Truskett, a Sydney-based senior partner at Clayton Utz in the firm's Corporate Advisory / M&A group, who is the new chair of Lex Mundi, a global association of independent law firms, with 160 member firms in 102 countries. The association features a client advisory council in which leading in-house counsel advise on ways to improve client service. Members also exchange information on practice management, administrative support, and technology usage. In terms of trends, he noted Lex Mundi's interest in broadening its reach in Africa and Asia because of increased competition from international firms and a more globalized client base that expects its professionals to provide services where they are.

I spoke with Simon Truskett, a Sydney-based senior partner at Clayton Utz in the firm’s Corporate Advisory / M&A group, who is the new chair of Lex Mundi, a global association of independent law firms, with 160 member firms in 102 countries. The association features a client advisory council in which leading in-house counsel advise on ways to improve client service. Members also exchange information on practice management, administrative support, and technology usage. In terms of trends, he noted Lex Mundi’s interest in broadening its reach in Africa and Asia because of increased competition from international firms and a more globalized client base that expects its professionals to provide services where they are.

In this edition of In-House Legal presented by Lex Mundi, host Tim Corcoran with Hubbard One, explores what In-House Counsel should know about Off-Shore Outsourcing of Document Reviews. Special guests include Cindy Courtney, with Day Pitney LLP (Lex Mundi member firm for New Jersey), and Kate Bertini, Assistant General Counsel with United Technologies Corporation in Hartford, Connecticut. The group discusses the nuances of eDiscovery, factors to consider when deciding to use off-shore reviewers and helpful tips and safeguards for In-House Counsel

In this edition of In-House Legal presented by Lex Mundi, host Tim Corcoran with Hubbard One, explores what In-House Counsel should know in order to survive litigation. Special guests include Joe Sepulchre, Partner with Liedekerke Wolters Waelbroeck Kirkpatrick (Lex Mundi member firm for Belgium), and Carla Swansburg, Senior Counsel with RBC Law Group. The group discusses how to sue, whether you have a choice and why In-House Counsel should care.

In this edition of In-House Legal presented by Lex Mundi, host Tim Corcoran senior consultant with Altman Weil, welcomes John Vering with Armstrong Teasdale, Lex Mundi’s member firm for Missouri, and Kim Kmentt with Tomkins Industries, Inc., to discuss key employment laws and regulations. The group examines what In-House Counsel should know now and in the future about the Americans with Disabilities Act, Healthcare Reform and more.

In this edition of In-House Legal presented by Lex Mundi, host Tim Corcoran senior consultant with Altman Weil, explores the question of Litigation and builds a framework for In-house Counsel. Special guests include Kim Moses of Calfee, Halter & Griswold (Lex Mundi member firm for Ohio), and Kathy Vanderwist, Legal Director for Tarkett, North America. The group discusses whether and when it is in company’s best interest to pursue a litigation claim, the role of In-house Counsel as it relates to litigation, and factors to consider when deciding litigation.

In this edition of In-House Legal presented by Lex Mundi, host Tim Corcoran, senior consultant with Altman Weil, discusses the importance of the FCPA to any U.S. entity that conducts business internationally. Special guests include Ross Booher, of Bass, Berry & Sims (Lex Mundi member firm for Tennessee), and Carolyn Lindsey, Director of Member Services with Trace International. You’ll hear an overview of the FCPA, the latest in enforcement actions and trends, basic FCPA compliance information, and additional FCPA resources for in-house counsel.

In this edition of In-House Legal presented by Lex Mundi, host Tim Corcoran, senior consultant with Altman Weil, discusses the latest in compliance and internal investigations with special guests, Erin Reilly Lewis of Baker & Daniels (Lex Mundi member firm for Indiana), and Richard Korman, General Counsel/Organizational Integrity Officer for Saint Joseph Regional Medical Center. The group explores the increased attention to compliance, the culture of compliance from the top - down and offers key advice for clients going through internal investigations.