May 2024 – Zaven Newsletter
Welcome to your monthly dose of insights! In this edition, we explore: Here’s our key learnings we got this month: Okay, that’s all from us, let’s get to the meat of this newsletter: AI Transforming Procurement and Contracting In an enlightening interview, Stuart Brock of iKinetiq Innovation Solutions discusses the game-changing potential of generative AI […]
March 2024 – Zaven Newsletter
Buckle up, it’s time for your monthly download of legal inspo. On today’s wild ride: But first: Beyond the AI glitz and glamour, practical implication Legal tech conferences like Legalweek promise AI will totally overhaul legal work. But peel back the hype and questions linger around cost. Tools that jazz up legal research or eDiscovery […]
McDermott Will & Emery and Schulte Roth & Zabel Plan Major Merger to Create $2.8 Billion Legal Giant
Source: Global Legal Post In the latest sign of continued consolidation within the legal industry, Chicago-headquartered McDermott Will & Emery and New York’s Schulte Roth & Zabel have announced they are in advanced merger talks that would create a combined firm with $2.8 billion in revenue. A Strategic Combination The firms confirmed on Thursday that […]
Big Law’s New Strategy: Bringing Former General Counsels In-House
Source: Wilson Sonsini Goodrich & Rosati In a growing trend reshaping client relationships at major law firms, former corporate general counsels are finding a new home in Big Law—not as traditional partners, but in specialised “General Counsel in Residence” roles designed to bridge the gap between outside counsel and in-house legal departments. From Corporate Legal […]
How Legal Counsel Can Prevent and Mitigate Business Crises
Source: Forbes In today’s complex business environment, companies face an increasing number of potential crisis situations. Forward-thinking organisations are now recognising the critical role that legal counsel can play in crisis management—not just during emergencies, but as integral members of prevention and planning teams. The Strategic Value of Legal Involvement Given the growing range of […]
Six Steps to Future-Proof Your Legal Department
Source: EY In today’s rapidly evolving business landscape, legal departments must transform to deliver more strategic value. Many legal teams remain “too static in their thinking and ideation,” according to Ashley John, Head of Legal Operations for Anglo American. To effectively meet business needs while controlling costs, legal departments need a systematic approach to change. […]
The Critical Role of Legal Counsel in Crisis Management: From Reactive to Strategic
Source: Forbes The Million-Pound Mistake That Almost Happened When a catastrophic system outage struck a software company serving hundreds of auto dealerships, the CEO’s first instinct was deeply human. She wanted to send a heartfelt message to the affected businesses, many family-owned, expressing personal empathy and taking accountability for the disruption to their operations. It […]
Zaven Rock-and-roll interview Series: Natali Petras, Former CEO and Co-Founder of Tenant Hero
When do you feel with your clients that “we are the champions”? Natali: ’So we operate a B2C service and our goal really is to increase access to justice and promote legal health. So we feel like the champions when the clients can navigate contracts on their own and they don’t need somebody to hold […]
Zaven Rock-and-roll interview Series: Andreas Lamping, General Counsel of Hellmann Worldwide Logistics
Q: “What do you dream of improving in your relationship with law firms?” Andreas: “ Law firms can learn that. That they need to work on themselves on the relationship with the company. They need to understand the business model. They need to understand what’s happening. And to give a better and on the spot device.” […]
AI-Driven Legal Platform SmartEsq Aims to Cut PE Fund Legal Costs by 80%
Source: PEI A new legal technology company founded by industry veterans is promising to dramatically reduce the time and money private equity firms spend on legal services, potentially disrupting the traditional relationship between PE firms and their outside counsel. Industry Experts Create AI-Powered Legal Solution SmartEsq, founded by former Paul Hastings fund formation partner Esther […]