Finance: Setting & Managing Budgets and Supplier Management & Evaluation

Date/Time
Date(s) - 17/05/2019
9:00 am - 5:30 pm

Location
TBC

Categories


This masterclass addresses how to manage a legal department budget, from creating and agreeing the budget with Group Finance to monitoring and reporting on performance. A key element of this is the full life cycle of legal procurement, from the initial outsourcing decision to panel management and evaluation

Topics covered will include:

  • Operating in a “more for less” environment and ensuring key stakeholder (inc. Group Finance) buy-in
  • Adopting the right business model, with the right balance of in-house vs external, and understanding the finances
  • Creating the budget, effective controls, systems and reporting
  • Work allocation, resourcing and justification
  • Outsourcing methods and legal procurement practice
  • Setting up, evaluating and managing your panel
  • Technology enablers, collaboration and honest conversations

 

Trainer:

  • Suzanne Smith – Chief Legal Officer and Company Secretary of Abcam plc

 

Timings:

08:45 – Breakfast

09:00 – 1st Part,

10:45 – Tea Break

11:00 – 2nd Part,

12:30 – Sandwich Lunch

13:30 – 3rd Part,

15:15 – Tea Break

15:30 – 4th Part,

17:30 – Finish

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