Addleshaw Goddard LLP
Presented to:
Neelu Bhullar
Professor, Information Management
Area
Management Development Institute,
Gurgaon
Presented by:
Group- | CRM | NMP-29
Background
Which law firm to choose is about as relevant as which
window cleaners we choose
Many clients saw legal services as commodities and
purchased these services based on price
Clients also looked at total value a law firm
There is an opportunity for AG to differentiate by
enhancing core legal product it offered
The question remains Whether AG was doing enough
Challenges for In-House Lawyers
In
House lawyers did not enjoy high prestige as
compared to commercial lawyers
Possessed
limited business experience, business
education and understanding of company activities
Line executives did not view them as business partners
Low morale as companies hired external law firms for
legal advice
Opportunity for AG
Offer non legal services as a part of normal legal work
Value added service they could provide to in-house legal
department to potential client
In house lawyers could be more valuable if they could
act more as business partners
Emergence of CDC
Staffed by account drivers
It had 2 roles
Externally
Worked with clients In house lawyers to develop business skills
Internally
Worked with AG partners to develop their business skills and
understand clients business better
Benefits
Client paid for the work of the CDC by giving additional legal
work
Win-Win proposition AG obtained more legal work and
clients in house lawyers received development services
AG was providing value that no other law firms were giving
Key Account Management
Effort to identify 40-60 important clients with which AG will
have special relationship
Hopes to earn large portion of clients legal work
The Cranfield Program
Involved
developing in depth understanding of clients
business strategy, markets, value chain, its strengths and
weakness and where law could add value
3 two day session spread over 6 months
Benefits of CP
Used tools to analyze clients business and conducted a review
meeting with the client regarding the analyses
Clients were fascinated that AG lawyers spent time thinking
about their business without billing them
Thank You...