ThoughtRiver – Staying in the zone and focusing on what matters
Typically, 70% of in house legal department work is contract-related. Naturally, a general counsel will want their team’s attention to the most important contracts, the big deals. In reality, they will be constantly distracted, with demands to check a stream of low-level contracts for potential impacts on the enterprise, its people or property.
Once you’ve left the zone you’ve lost a large majority of the day doing things you don’t want to do. It’s a huge opportunity cost.
Welcome to your first line of defence – a screening mechanism to identify whether contracts put the business at risk.