7 Public CPD Points
Practice Area: Professional Skills
Training Level: General
Participants who wish to claim CPD Points are reminded that they must comply strictly with the Attendance Policy set out in the CPD Guidelines. For this activity, this includes signing in on arrival and signing out at the conclusion of the activity in the manner required by the organiser, and not being absent from the entire activity for more than 15 minutes. Participants who do not comply with the Attendance Policy will not be able to obtain CPD Points for attending the activity. Please refer to http://www.sileCPDcentre.sg for more information.
Clients expect lawyers to have deep “business” understanding in order to add “value”— to provide relevant and useful legal services. In addition, clients expect their lawyers to have the capability to design and operate a legal services organization that both deliver value to clients and is sustainable.
But what skills are necessary to do this and how do you develop them?
This seminar introduces lawyers to three models which can be deployed to help them think and act with the kind of business and strategic acumen that organizations seek in their legal advisors and future leaders.
• Appreciate and apply the two basic business architectures and how they apply to both business organizations and legal services organizations (e.g., implications for strategy, client engagement, delivery, branding or marketing, investments, innovation, pricing etc.)
• Appreciate and apply the choice of “value disciplines”, which helps businesses to understand what creates differentiation, investment decisions on operations, and how business makes decisions on mergers, acquisitions or alliances.
• Appreciate and apply the three key components of a successful strategic and organisational design model, and underlying sub-components, and how they can be used to help to design and operate successful law practice or legal services organization.
• Understanding different types of “innovation”, and the considerations in choosing which innovation category to pursue in order to differentiate from competitors.