Extensive legal expertise, for now, is merely a starting point for legal executives working both in-house and at major law firms. Internal legal teams face a host of new risks thanks to changing business models, a global marketplace, more aggressive shareholder activism, and rising concern over cybersecurity and data privacy. A business’s general counsel must now be as nimble and innovative as the rest of its executive committee, moving the business forward while mitigating any threats.
Law firms face a different set of pressures, as firm economics are challenged by new legal service providers. They are also regularly confronted by client expectations, forcing them to redefine the value they add, their structures, and fee arrangements. Partners in law firms must be able to evolve and executive committees must have a higher level of strategic capability than ever before. This is why legal consultancy for executive positions has never been more important to businesses.
Egon Zehnder’s Approach to Legal, Regulatory & Compliance Professionals
Egon Zehnder’s Legal, Regulatory & Compliance Professionals Practice works closely with both in-house legal functions and law firms to help them navigate these challenges. Our global network of over 560 consultants, working in 63 offices worldwide, collaborate with boards and CEOs. Together, they recruit general counsels with the necessary range of experiences and competencies to be impactful members of corporate leadership teams.
We also help build out legal functions and design succession and development plans, so the entire service can operate as a sustainable, cohesive unit. Because we have been hired directly from industry or law firms, our legal consultancy team knows how much is on the line and can partner with our clients to find the right solution to their legal executive search needs.
For law firms, our consultants work with partner committees, practice group leaders, and others to navigate the new requirements of leadership. We provide in-depth analysis of competence frameworks, team dynamics, assessment, and individualized coaching to maximize the efficacy of your legal executive team. At Egon Zehnder, we understand that in this fast-moving environment, change is the only constant. Our legal consultancy services can help you navigate this with ease.