Today’s interconnected world requires legal leaders to think transnationally and to embrace a forward-thinking mindset. These leaders are called to look toward the horizon in order to guide their international teams towards new successes. As the legal sector grapples with digital transformation, innovation is changing the playbook.
The Chief Legal Officer of Ferring Pharmaceuticals, Curt McDaniel, recently sat down with legal operations expert Stephanie Corey of UpLevel Ops, to discuss the challenges and opportunities of nurturing a vision that transcends borders. He explained how innovation is integrated into Ferring’s culture, driving extraordinary achievements.
A key topic was “legal design,” a concept that emphasizes understanding the needs and challenges of business partners. This mindset helps the legal team to better align with the wider organizational objectives.
In building the legal operations department, McDaniel underscores the vital role it plays in optimizing legal services. The department is instrumental in assessing the required legal services and determining the most effective methods for providing them.
The advent of technological advancements has altered the way legal services are delivered and this shift has a significant impact on law firms. As technologies continue to evolve, so do the expectations of clients seeking legal services.
Continuous improvement was discussed, particularly the necessity to use data in measuring progress. The conversation led towards the introduction of the role of a “legal data scientist,” an acknowledgment of the need for data-driven decision making within the company.
Working on large legal contracts was also a noteworthy part of the discussion, shedding light on the intricacies and complexities involved in this process.
Recognizing continuous progress and celebrating success was stressed as an important part of maintaining team motivation and morale. These recognitions also help to reinforce the culture of innovation within the team.
For a more in-depth look at the discussion, do take a moment to listen to the full UpLevel View podcast.