'Tomorrow's Digital GC' - KorumLegal and KPMG Host GC Breakfast Panel.
November marked KorumLegal's inaugural General Counsel Round Table Breakfast event... and it was a great success!
The topic for discussion was "Preparing Tomorrow's Digital GC" and in attendance were General Counsel's based in Hong Kong from a broad range of industries including banking, professional services, bio-tech, fin-tech, media, e-commerce and airlines.
Discussions centred around the sticking points for General Counsel's in bringing technological solutions into their business. The event went like this:
- A panel discussion which included Sarah Bower (Chief Legal Counsel for China at KPMG), Lisa Lam (ex Lead International Counsel at Alipay) and Stephen Man (VP and Deputy General Counsel at eBay) discussed their own experiences with LegalTech;
- The session started with a helpful overview of the current status of professional services innovation and LegalTech and the factors driving change in the legal services industry;
- what they'd seen introduced in their respective businesses/industries;
- how they introduced the tech to their team and the greater business;
- what they still needed/wanted to do/implement/achieve; and
- what the biggest roadblocks were for introducing the new technologies, and
- A really interesting round table discussion from all participants regarding their own experiences - both success stories and their pain points!
The big pain point for majority of participants was implementing successful technology, and of course formulating the business case to invest in tech for the legal function!
The event is the beginning of a series of GC events for KorumLegal.
One of the key takeaways: 40% of legal time is spent on administrative tasks….40%!
So the question is: How can technology help with this, to allow your lawyers to spend their time on high value client work?
KorumLegal
Dec 14, 2017
Related Posts.
By: Satinder Sohal
Legal Tech - Digital Transformation in Legal Departments
Last week, we hosted a panel discussion on the topical subject of digital transformation in legal departments. Our diverse panel of General Counsels (GCs) shared their ongoing journey to digital..
By: KorumLegal
GC Spotlight: How Danh unlocked capacity for his legal team.
Get to know Danh Nguyen, Global General Counsel for Paysend in this spotlight as he shares his thoughts on LegalTech, Newlaw providers and his favourite Adele song!