In support of the Association of Corporate Counsel's Value Challenge initiative to realign the legal business model, Womble Carlyle recently hosted a Roundtable discussion with leadership from the Washington Metropolitan Area Corporate Counsel Association (WMACCA) to discuss how to convert the clearly defined challenges into action items for success. The groups addressed the Business Model Misalignment, Personal Misalignment and Commercial Misalignment concerns and ultimately asked, how do we stop talking and start working together for each other?
To hear clear and concise suggestions from thought leaders, please listen to the three videos from members of each working session who provide suggestions we can all embrace to stop talking and starting walking! By making a commitment to work together, we can transform the way the legal industry serves the corporate community.
Julia Kreyskop, Commercial Real Estate Attorney, Womble Carlyle
Commercial Misalignment. An obstacle to the realization of the objectives of the Value Challenge is a lack of real-world examples of engaged legal departments and engaged law firms committed to the Value Challenge. What are the obstacles that prevent progressive legal departments and progressive law firms from engaging one another and moving forward together with the Value Challenge? What steps are ethically permissible and otherwise palatable for lawyers on both sides, and what are the boundaries as buyers and sellers identify and build bridges with the other?
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