Canadian Lawyer InHouse

February/March 2020

Legal news and trends for Canadian in-house counsel and c-suite executives

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www.canadianlawyermag.com/inhouse 43 the most popular type. According to O'Reilly, AFAs are necessary to ensure that value is shown to the business, and they may help to avoid the suggestion that legal is an expensive overhead as opposed to a cost-effective solution provider. For his part, Nguyen says: "I don't think there is sufficient education as to the different types of fee arrangements that are available. There should be internal education within firms about the different types of fee arrangements that can be made available to their clients." While 62.04 per cent said the general counsel/legal department has the autonomy to select law firms, 28.47 per cent say it is a shared decision with executive management. "I have the autonomy to select which law firms to work with, but it's not surprising that not all GCs do," says Demone. "I assume there are historical relationships that need to be maintained at large organiza- tions and banks, but I would assume that even those GCs that don't have autono- my probably have autonomy to request a change of the current counsel." Once again, risk management is the top issue facing legal departments in 2019, followed by compliance aspects, while technology and workplace issues including harassment and bullying are at the bottom of the list of priorities. Building an in-house team and legal department management came in at number three. O'Reilly agrees with the majority. "As you look at what we're doing on a day-to-day basis, one of our largest value drivers is being that strategic offering for analysis and understanding of risk, and, given the nature of the business- es, there is no shortage of risks arising Right-sized Thinking® • 1-800-323-3781 • pallettvalo.com Legal Service That Fits Any Occasion No two businesses are alike. We get that. You want a law firm that is flexible and can adapt to your particular business needs without compromising service or quality. At Pallett Valo LLP we provide forward-thinking legal counsel designed to respond to each client's unique legal challenges. That's what we call Right-sized Thinking®. Want a legal solution that's the right fit for you? Call us today to find out more. 2019-20 TOP 10 O N TA R I O R E G I O N A L F I R M

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