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NAVIGATINGTHE
CORPORATE LEGAL
DEPARTMENT
BILL MOOZ
MAY 2018
RULES FOR SUCCESS
1. Understand your clients
2. Show up
3. Fit in
UNDERSTANDINGYOUR CLIENTS
WHAT IS A COMPANY?
• Tangible Assets
• Facilities, machines,
mines, etc.
• Intangible Assets
• IPR, relationships,
goodwill, etc.
• People
• Employees, shareholders,
directors, vendors,
lenders, customers, etc.
• Liabilities
• Leases, debt, trade
financing, etc.
UNDERSTANDINGYOUR STAKEHOLDERS
1. Shareholders
• Fiduciary duty runs to them
• Invested in company for dividends and/or capital gains
2. Business Clients
• Typically share in growth of company via stock and/or bonus
• Have compensation tied to individual goals via commissions, bonus, etc.
3. The GC
• Same as business clients but goals may differ
CORPORATE ROLES
1. Make Things
• R&D
• Engineering
• Manufacturing
• Services
2. SellThings
• Sales
• BD
• Marketing
3. Support 1 and 2
• Finance
• IT
• Legal
• HR
TYPICAL LAW DEPARTMENT
GC
Sales Product Corporate
Lit &
Employment
Compliance
Admin Operations
WHATYOUR CLIENTSWANT
1. The business to do well
2. To achieve their individual goals
3. To look good
4. No surprises
SHOWING UP
SHOWING UP IN SCHOOL
1. Go to class and participate actively
2. Do your homework
3. Take advantage of opportunities to get extra credit
4. Study for your exams
SHOWING UP AS A LEGAL PROFESSIONAL
1. Put in the effort
• Not everything is glamorous
• Do it for the team and not for the individual credit
2. Make every product a quality product
• Quick and dirty means focus on the 20% that provides 80% of the answer
• It doesn’t mean produce a sloppy product
3. Make the effort to learn your client’s business
FITTING IN
EMBRACE THE CULTURE
• Hours
• Dress
• Work Style
COMMUNICATIONS
• Medium
• Phone, email, chat, text, in-person,
slack, etc.
• Power Point, Excel,Word, etc.
• Frequency
• Avoiding surprises vs not thinking
for yourself
• When in doubt, over communicate
• Style
• Executive vs Legal
• Formal vs Informal
• Long vs Short
TECHNOLOGY
• Embrace the company’s tech choices, even if they aren’t what you would choose
• Communications
• Outlook/GMail
• Webex/GTM
• Yammer/Slack
• Finding data you need
• Sharepoint
• CLM
• Specialized tools for doing job
• More tech you learn, the more value you can deliver
QUESTIONS & DISCUSSION

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Navigating the Corporate Legal Department

  • 2. RULES FOR SUCCESS 1. Understand your clients 2. Show up 3. Fit in
  • 4. WHAT IS A COMPANY? • Tangible Assets • Facilities, machines, mines, etc. • Intangible Assets • IPR, relationships, goodwill, etc. • People • Employees, shareholders, directors, vendors, lenders, customers, etc. • Liabilities • Leases, debt, trade financing, etc.
  • 5. UNDERSTANDINGYOUR STAKEHOLDERS 1. Shareholders • Fiduciary duty runs to them • Invested in company for dividends and/or capital gains 2. Business Clients • Typically share in growth of company via stock and/or bonus • Have compensation tied to individual goals via commissions, bonus, etc. 3. The GC • Same as business clients but goals may differ
  • 6. CORPORATE ROLES 1. Make Things • R&D • Engineering • Manufacturing • Services 2. SellThings • Sales • BD • Marketing 3. Support 1 and 2 • Finance • IT • Legal • HR
  • 7. TYPICAL LAW DEPARTMENT GC Sales Product Corporate Lit & Employment Compliance Admin Operations
  • 8. WHATYOUR CLIENTSWANT 1. The business to do well 2. To achieve their individual goals 3. To look good 4. No surprises
  • 10.
  • 11. SHOWING UP IN SCHOOL 1. Go to class and participate actively 2. Do your homework 3. Take advantage of opportunities to get extra credit 4. Study for your exams
  • 12. SHOWING UP AS A LEGAL PROFESSIONAL 1. Put in the effort • Not everything is glamorous • Do it for the team and not for the individual credit 2. Make every product a quality product • Quick and dirty means focus on the 20% that provides 80% of the answer • It doesn’t mean produce a sloppy product 3. Make the effort to learn your client’s business
  • 14. EMBRACE THE CULTURE • Hours • Dress • Work Style
  • 15. COMMUNICATIONS • Medium • Phone, email, chat, text, in-person, slack, etc. • Power Point, Excel,Word, etc. • Frequency • Avoiding surprises vs not thinking for yourself • When in doubt, over communicate • Style • Executive vs Legal • Formal vs Informal • Long vs Short
  • 16. TECHNOLOGY • Embrace the company’s tech choices, even if they aren’t what you would choose • Communications • Outlook/GMail • Webex/GTM • Yammer/Slack • Finding data you need • Sharepoint • CLM • Specialized tools for doing job • More tech you learn, the more value you can deliver