"Legal issues have always been a factor in our international strategy, and increasingly so, as we’ve continued to grow at such a rapid rate. It’s critical for us to grow sustainably, and that means ensuring that we have a clear grasp of the different legal and regulatory regimes affecting our business."
"I believe a great in-house counsel must certainly understand the company’s core business and be able to build and maintain effective relationships of trust, not only with internal clients, but also with peers and colleagues"
"It is always a superb experience to learn from brilliant lawyers who are passionate about their work and equally embrace both the legal and the technological developments with which we live."
"I think to be a great in house counsel you have to really understand the business that you are operating in, and you have to build an internal network of clients who trust you and who you can trust to provide you with the information that allows you to do your job."
"In my work I always try to find a firm that specialises in the subject at hand. For me it is also important to have a positive connection with the external counsel, but at the end of the day it is all about comprehensive and practical legal support."
"The best experience is always when the external counsel is proactive and has a very good understanding of the commercial reasons and background of the deal. Full engagement of the lead partner who dedicates sufficient time for the project is also very important."
"It is an ongoing challenge to ensure we are running a legally compliant business across our 150 offices worldwide. We have an international panel but it is small. This helps keep us efficient, and allows us to spend more time developing partnerships with our law-firm partners."
"We are a highly regulated industry, and in some jurisdictions these regulations vary even at the local level; hence, regulatory changes are a big challenge for our operation. Our route to market is complex, and we are constantly reviewing our position for legal and compliance risks."
"For me, and for our industry, it is very important to find counsel or hire external lawyers who really understand and know about our industry and how we conduct business. Getting involved and understanding our risks is crucial."
"For me the most important thing is the subject matter expertise of the respective individual, and the network within the law firm."