Mark Chandler, general counsel at Cisco Systems Inc., has some advice for in-house counsel preparing for the future: “There are no legal problems. There are only business problems.”
At the DLA Piper Technology Summit in Menlo Park, Chandler told an audience of in-house counsel and private practice attorneys that, just like the business units they advise, legal departments must innovate to stay relevant. He compared a well-run legal department to a well-run business. If a business doesn’t adapt and provide new technology and products to its clients, it will fail. If a legal department doesn’t use faster, more efficient processes, it too will fail, he said.
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