In-house counsel need to understand and speak the language of business - not just the language of law.
Financial literacy enables lawyers to confidently engage with senior, commercial leaders, understand commercial business priorities, and provide advice that aligns with their organisation’s strategic decision-making.
Developing a strong understanding of how organisations, generate revenue, manage costs, measure performance and, ultimately, create value, helps legal teams place risk into its commercial context. It also enables more effective conversations with finance and commercial colleagues, aiding contract negotiations and advice that aligns with the wide business objectives.
In this webinar, two experienced senior in-house counsel will share the financial knowledge they believe every in-house lawyer should understand. They will discuss how financial information influences business decisions and, consequently, legal decisions, interpreting key financial information, and using commercial data to inform legal advice. And fundamentally how greater financial confidence can strengthen your impact and credibility across the organisation.
Moderator
Elizabeth Duffy, Senior Director Client Engagement, Thomson Reuters Institute
Leading a team of subject matter experts, Elizabeth is responsible for delivering insights to clients and connecting the dots between the data and a client’s business.
She works closely with law firms, legal service providers, and legal departments globally. Elizabeth regularly leads custom research projects including client review and thought leadership programs and presents research results to the management boards and partnerships of AmLaw 50 firms.
The Thomson Reuters Institute brings together people from across the legal, corporate, tax & accounting and government communities to ignite conversation and debate, make sense of the latest events and trends and provide essential guidance on the opportunities and challenges facing their world today.
As the dedicated thought leadership arm of Thomson Reuters, their content spans blog commentaries, industry-leading data sets, informed analyses, interviews with industry leaders, videos, podcasts and world-class events that deliver keen insight into a dynamic business landscape. Visit thomsonreuters.com/institute for more details.