The Corporate Counsel Show: Managing a cost-cutting environment

On this special episode of The Corporate Counsel Show, produced in partnership with LOD, we explore how law departments can successfully navigate cost-cutting in these economically uncertain times. Host Jerome Doraisamy is joined by LOD head of market insights Mark Dodd and senior legal counsel Helena Kolenbet to discuss what in-house legal teams are currently grappling with when it comes to cost-cutting, the impact of such fiscal constraints on those teams, how Australian law departments might be faring compared to overseas counterparts, and whether cost-cutting is at, or near, the top of in-house leader’s list of urgent priorities. Mr Dodd and Ms Kolenbet also outline practical ways that law departments can thrive amid a cost-cutting environment, including ruthless prioritisation, eliminating waste, avoiding over-involvement so as to better manage given tasks, being pragmatic about what can be achieved, and boosting team morale, and how those in-house teams can and will benefit from implementation of such approaches. To learn more about LOD, click here. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts (The Lawyers Weekly Show) and by following Lawyers Weekly on social media: Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@lawyersweekly.com.au for more insights!