The In-House Counsel’s Strategic Opportunity to Foster Strong Vendor Relationships, ACC Docket

In an article published by the Association of Corporate Counsel’s ACC Docket, New Era Co-Founders Rich Lee and Shane Mulrooney discuss the opportunity for legal departments to reframe vendor relationships into strategic partnerships that can significantly impact an organization’s success.

“In-house counsel and their legal departments are uniquely positioned to oversee vendor relationships, by ensuring compliance with company standards as well as legal obligations, mitigating risks, and fostering collaborative relationships between the two organizations,” Rich and Shane write. “The in-house lawyer’s role is not just to support the relationship manager, but to provide distinctive insight into the cross-functional impacts of any given action. From crafting thoughtful contracts, implementing monitoring systems, and developing effective dispute resolution strategies, in-house counsel are in the right seat to partner with vendors to bring solutions and success to their organizations.”

Read Rich and Shane’s article in the ACC Docket here.