How will the Big 4 accounting firms change the legal industry? How will data transform the role of in-house lawyers? What does the future hold for young lawyers?
In this week's episode of The Leading Lawyer Project, we discuss the changing nature of in-house legal work with Mick Sheehy.
Mick is a partner at PwC and a founder of PwC's NewLaw practice. He's a well-recognised leader in legal innovation and his work has been featured as a case study for Harvard Business School. Mick is also the founder of the Australian arm of the Corporate Legal Operations Consortium (CLOC).
In this episode we discuss:
+ Mick's experience moving from private practice at King Wood & Mallesons (or Mallesons as it was then) to in-house at Telstra, Australia's largest telecommunications company.
+ The journey from in-house lawyer to General Counsel of Telstra
+ Balancing legal operations with legal work
+ How Mick established PwC NewLaw from scratch and assembled the Avengers of legal consulting
+ What's involved with legal operations consulting
+ Technology at PwC NewLaw
+ The importance of data and metrics for legal functions
+ Why lawyers might not always be best placed to improve legal departments
+ The benefits for law firms in using the Big 4 consulting firms to improve their function
+ The impact of COVID-19 on legal functions
+ Using data to re-focus the value of legal functions
+ The evolution of legal careers and what lies ahead for young lawyers.
My favourite quotes:
You can find more about Mick here: