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CCCA61_012,013.qxd:CCCA_V1No2_Dept-MgLaw-V1.qxd 2/8/08 12:44 PM Page 13 Performance In The Law “ Performance management ny), andTime-based (with clear to choose the “correct” initiatives to of the business unit or compa- It is a challenge for the general counsel programs, patterned on target and pacing throughout populate the law department’s perform- a balanced scorecard and execution of these initiatives deter- 4. The architecture for a law architecture, can be a valuable the year) ance scorecard each year. The selection department performance pro- mines the extent to which the law depart- tool for a corporation. gram should include initia- ment is of strategic value or simply part of ” tives, outcomes and targets, the overhead in the organization. covering the range of strategic roles, and measures or indicators. structural and resource elements and 5. The development of intellectual capi- Richard G. Stock, processes particular to the legal services tal, with elements to make the law M.A., FCIS, CMC, is function. Checklists and frameworks are department an employer of choice for a partner with Catalyst available from thought leaders and asso- lawyers,to ensure the acquisition of rel- Consulting. The firm ciations within the legal services industry. evant competencies (skills, knowledge) has been designated by 3. A SMART test applied to the initiatives by members of the law department, is the Canadian Corporate selected by the law department, so that essential. It is also important to assume Counsel Association as a Recognized Supplier they are Specific (based on a single a leading role for corporate and busi- for the provision of Legal Services Consulting. theme),Measurable (taking into account ness unit objectives, and to position the It also collaborates with the Australian quantity, quality, cost and timeliness), law department as an early adopter of Corporate Lawyers Association. Richard can Achievable (within the reference period, performance management programs be contacted at (416) 367-4447 or through usually one year), Relevant (the success focused on support units. the website at http://www.catalystlegal.com. [ Across the street, down the block or Canada wide — Across the street, down the block or Canada wide — our commercial team is ready for you. ] our commercial team is ready for you. F i n a n c i a l S t r e n g t h R a t i n g s : D e m o t e c h , I n c . A ” | F i t c h R a t i n g s A + For over 100 years, legal professionals have trusted Stewart Title to provide title insurance for their commercial real estate transactions. Some of the world’s best hotels, golf courses, resorts, office towers and business centres are insured by Stewart Title. Our global reach and financial strength, combined with the expertise of our Commercial Team, enable us to handle the most complex transactions. We can facilitate specialized commercial endorsements for almost any situation. Our title insurance services provide efficient closings and fast turnaround times. With Stewart Title you can close real estate transactions with security and peace of mind. Visit www.stewart.ca to view some of our recent transactions, or call us for a quotation on your next transaction to see us in action. 1.888.667.5151 PRINTEMPS 2008 CCCA Canadian Corporate Counsel Association 13