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In the Inside Track, General Counsels across CEE share the nuances of their roles, challenges, and strategies for success. As summer is a time to unwind, we asked: With summer here, what is your one favorite yearly activity to disconnect and switch off?

As Pfizer’s Legal Director overseeing Greece, Cyprus, Malta, and Israel, Stathis Mihos explores EU health policy advancements and the complexities arising from the pandemic and examines how artificial intelligence is dynamically influencing lawyers’ work.

Overseeing diverse sectors across multiple countries, Petrol Group Director of Legal Affairs Mojca Logar discusses the challenges and strategies in managing the group’s legal affairs and navigating complex regulatory landscapes, while emphasizing internal legal expertise and collaborating with external firms for specialized projects and new legislation.

Managing budgets in big companies could be seen at the same time as art and as a challenge. And art should never be under pressure.

In recent years, in-house legal teams have faced growing pressure to manage budgets more effectively while maintaining high standards of service. In this article, I will share best practices for managing legal budgets, and address trends, challenges, and strategies that have shaped the budgeting landscape for in-house legal teams.

M&A transactions involve numerous legal, financial, and operational challenges. As in-house counsel, we are responsible for businesses’ right risk allocation and risk mitigation, while we bear significant responsibility in ensuring the deal progresses smoothly and can be closed successfully. Given this high responsibility, effective collaboration with external counsel is crucial to navigating these high-stakes deals and ensuring a smooth and successful transaction. Drawing from my experience, I will share best practices for selecting, collaborating with, and managing external counsel during M&A projects to achieve optimal outcomes and make your life easier in the post-closing and integration stages.

Working with external counsel can be a crucial aspect of managing legal issues, especially for companies that need specialized expertise or extra support for their in-house legal team. To make the most of these collaborations, it’s important to follow some best practices that ensure efficiency, alignment with business goals, and cost-effectiveness. Here’s my straightforward guide to help work effectively with external legal experts.

From staying loyal to specific lawyers irrespective of the brand they work under to focusing on fixed fees, Selvita General Counsel and Executive Management Board Member Dawid Radziszewski shares his best practices in terms of working with external counsel.

From relying on chemistry to counting on reputation being representative, Zito Director of Legal Affairs and General Services Tamara Mohoric Selak talks about how she picks her external “firefighters” and how she nurtures long-term collaborations with them.

Bringing in external counsel can flip legal headaches into big wins, protecting your interests and pushing your goals forward. But how do you make sure your partnership with legal experts goes beyond just getting the job done? The magic happens when you master working with external counsel – mixing careful planning with lively communication to reach new heights of legal success.

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