General Counsel Advising in Unfamiliar Areas—Collaboration is Key
Olga V. Mack, CEO of Parley Pro, has recently written General Counsel Advising in Unfamiliar Areas—Collaboration is Key. In this white paper, she shares with Bloomberg Law how to build an environment conducive to collaboration.
As COVID-19 makes its way into boardrooms around the world, many lawyers are finding themselves in uncharted territory. They have become the authority on ensuring that organizations adhere to guidelines from public health institutions, revamp policies on everything from office etiquette to remote work options, and still protect company assets and interests from potential risks.
Key of successful today – collaboration
In other words, it’s yet another day in the life of corporate lawyers, who have already been facing new challenges in unprecedented situations. A 2019 survey by Gartner found that 64% of general counsels are giving more guidance on unfamiliar business opportunities, and 64% are giving more guidance on unfamiliar risk areas.
Whether in-house or in law firms, lawyers need a more multidisciplinary approach to make the strategic decisions expected of them today. Fully understanding today’s opportunities and risks requires more meaningful collaborations with others who can provide the needed subject matter expertise, data, and resources.
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About Parley Pro
Parley Pro helps businesses get more from their contracts by transforming them into strategic, digital assets — giving them the tools to create, negotiate, manage, automate, and optimize contracts to streamline business objectives, maximize revenue, and reduce risk.