Be 'more strategic'. What does that even mean?
You’re working hard, learning loads and yet you don’t seem to be breaking through to the next level??
Maybe, you’ve bravely initiated a conversation with your manager about how you could do better (good for you!).? It can be tricky to go from technical legal expert to trusted adviser or to legal manager and leader.? Sometimes, the special sauce is seen as a ‘strategic mindset’.??
Most of us have been told that we need to ‘BE MORE STRATEGIC’ at some point.? Huh?? What does that even mean?
Luckily, another lesson we learnt the hard way! Here’s our HIGH FIVE on how to BE MORE STRATEGIC:
1. REASSESS
2. READ, READ, READ, to understand the business
The more you know about the company and where it is headed, the better you can do your job and the better you will come across.? There is a mine of information on most company’s websites.? Read it!? If something doesn’t make sense, make a coffee date with a colleague who can explain it to you easily.? Take an interest in those business plans and presentations that come to you for legal review – actually read them!??
A strategic in-house lawyer will know the company’s products, services, customers, competitors and current business objectives.? You should also make an effort to understand the company’s short and long term strategic plans, as well as following the legal, business and political trends that will impact your company’s business.? Follow the big cases, try to understand new laws and their potential impact on your industry and your company’s business.? If you work for a public company then join the quarterly financial results presentations, and actually listen.? You will definitely learn something.?
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3. REVIEW your priorities
The gigantic career-long battle for all lawyers is not to give priority to the thing that has defined itself as the most urgent. Take a good look at your to-do list and work out if there are interesting, complicated bits of work that aren’t getting enough attention because of smaller, lower value or lower risk matters.? If there are, can you restrict the time spent on the smaller matters to a specific number of hours per day only? ? Is there some work that you think you shouldn’t do – either because it’s not really legal work, or because it could be done by someone in the business?? Take this up with your manager or team leader – chances are that others in the team feel the same, and the solution may be to change the whole team’s approach.?
4. REVISE your approach?
Are you asking yourself “how much do I really need to care about this?” about every new thing that comes across your desk?? Really, you should only apply in-depth, detailed review to those items that need it, because (i) risk is not everywhere; and (ii) all matters are not created equal. With smaller matters, light-touch review (declining to enter a big argument about governing law clauses in services agreements, for example) frees up time for more interesting, strategic matters that can have real and lasting impact.
Is there something that you think should be done differently?? Or, is there an opportunity to educate folks in the business so that they can take on more of the simple tasks themselves?? Don’t be afraid to initiate these discussions.? At least, you could get a detailed explanation from your manager about why a particular type or piece of work helps to manage legal risk at your company.? Or, you might kick off a re-assessment of the types and value of work that your entire team does.? Do share your thoughts and insights with your legal team peers and manager – your ideas and solutions could be scaled across the whole legal function if they are good!
5. REACT: ask questions, join the conversation??
Participate actively in discussions and ask questions.? Be that person who will get the Q&A going.? There’s nothing worse than no questions at all when senior people turn to Q&A at the end of a presentation. ? They are usually delighted to get one, especially if it’s short and it seems like the person asking genuinely wants to know!? And the more that you know about the company and the business because of all the reading you’re doing to become more strategic, the more insightful your question will be! ? Engaging properly in this way marks you out as an interested team player, and someone who wants things to go smoothly too.? Just not a long, rambling question when the meeting is already over time, please….
Thanks for reading this HIGH FIVE!? What are your tips on BEING MORE STRATEGIC as an in-house lawyer?? Please share your thoughts with us and our community!
Ethics & Compliance Director
3 年Very nice tips Sarah Marshall and Jamie! On top of all the great points you have raised, one other basic element that can help our aspiring legal & compliance leaders of tomorrow is to make sure you are speaking the same language as the business. Often less experienced colleagues will have good ideas which lose traction because they can’t translate them into the business context - I.e. how will this save us money? Increase sales in the long run? Make us more competitive? Translating the value of legal & compliance solutions is a skill in itself.
Great tips, especially #4!
General Counsel & CEO | Legal & Healthcare Compliance, Ethics & Contract Law
3 年Great article Sarah Marshall thank you. A couple of other points also spring to mind. More and more the in-house lawyer must take a business partner approach and provide proactive input into company strategy. When participating check to see if the right business stakeholders are in the room. Sometimes the right experts may not be at the table to help the business arrive at the right approach. Come up with suggestions which will simplify achieving the strategy. Just because the SOP says so, doesn’t mean it’s the right way. Look to support inputting Iino adapting those processes as the business and its structure changes. Of course ensuring it’s the correct legal approach! Short cuts are never a good idea if in the long run risk is not adequately covered off!
Founder and CEO of Decisive Consulting Ltd. Bringing Minds, Hands and Hearts to Decisive Moments in Lifesciences
3 年Great piece Sarah Marshall and Jamie and it rings so true not only for legal professionals but for all those growing their careers and/or influence in growing to more senior roles. As has been highlighted by others, often the thing that gets in the way of truly strategic thinking is what we are often praised most for in our early careers - execution. Being immersed in the busy-ness of early business can mean that there is little time to see the woods beyond the tree. When you become “more strategic” (whatever that actually means!) you often also begin to question more the why of all that tactical delivery - and that’s not always easy for organisations or leaders. I’d love to hear your thoughts on how we coach this better for early careers professionals - how do we nurture curiosity and vision beyond the task, without compromising our collective ability to get stuff done?