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Research Briefing - Legal
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Research aligned with core legal functions.
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Legal Segments:
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1. Litigation & Dispute Management
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2. Mergers & Acquisitions
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3. Intellectual Property
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4. Contract Management
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5. Privacy
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6. Legislative / Policy / Government Relations
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7. Corporate Governance / Investigations
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For each of these categories, research will be focused on answering specific questions designed to illuminate key drivers of innovation.
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Questions for Each Segment:
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Role of new technology
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1. What types of technologies are affecting the segment? (AI, Blockchain, etc.)
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2. How are technologies being applied in an innovative approach? (Decentralized functions through gig economy, drone delivery, mobile banking, etc.)
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Business growth measurement
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3. Which metrics are most aligned with the segments’ goals?
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4. How is the segment involved with increasing the company’s revenue?
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5. How is the segment involved with decreasing the company’s cost?
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6. Is this segment going to expand or contract in the near future?
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7. What are the barriers preventing change/improvement/growth?
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Segment leaders
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8. Which firms are top performers within the segment?
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9. What sets top performing firms apart?
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10. Who are current thought leaders? (Individuals)
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11. What are current best practices?
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Trends
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12.Who are the startups that are disrupting the space?
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13. As the segment evolves, who’s vulnerable?
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i. Types of companies
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ii. Industries as a whole
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iii. Employees (job loss, drastic change)
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Business Segment Introductory / Background Resources:
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http://www.eteraconsulting.com/10-key-business-objectives-for-corporate-legal-departments
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Starting Source / Article List:
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http://static.legalsolutions.thomsonreuters.com/index/pdf/2016-efficiency-report.pdf
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http://legalsolutions.thomsonreuters.com/law-products/news-views/corporate-counsel/2016-in-house-study/division-of-labor/contract-management-and-negotiation
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http://legalsolutions.thomsonreuters.com/law-products/news-views/corporate-counsel/2016-in-house-study/division-of-labor/intellectual-property
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http://legalsolutions.thomsonreuters.com/law-products/news-views/corporate-counsel/2016-in-house-study/division-of-labor/litigation-and-dispute-management
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http://legalsolutions.thomsonreuters.com/law-products/news-views/corporate-counsel/2016-in-house-study/division-of-labor/mergers-and-acquisitions
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http://legalsolutions.thomsonreuters.com/law-products/news-views/corporate-counsel/2016-in-house-study/best-practices-for-efficient-legal-department-management
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http://legalsolutions.thomsonreuters.com/law-products/news-views/corporate-counsel/2016-in-house-study/rise-of-the-legal-department-operations-manager
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http://legalsolutions.thomsonreuters.com/law-products/news-views/corporate-counsel/legal-department-2025/five-change-management-best-practices
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http://businessoflawblog.com/2015/03/legal-department-maturity/
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http://businessoflawblog.com/2014/08/streamlining-legal-department/
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http://www.fronteo.com/usa/corporate-counsels-new-big-risk-factor-international-privacy-law-and-compliance-with-u-s-discovery-and-investigation-requests/
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https://ct.wolterskluwer.com/resource-center/articles/top-five-compliance-concerns-for-corporate-counsel
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http://legalexecutiveinstitute.com/thomson-reuters-legal-tracker-report-2017/
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http://legalsolutions.thomsonreuters.com/law-products/news-views/corporate-counsel/2016-in-house-study/rise-of-the-legal-department-operations-manager
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