Happy to announce that LOD will be working closely with Cambridge University Press over the next two years in a new role as Legal Business Partner.
Following a comprehensive review of their global legal requirements, Cambridge University Press has appointed LOD to the new role of Legal Business Partner.
As part of this review, the Press carefully considered the need to distinguish between those issues where the business need was best served by the newly embedded in-house team (essentially the core business deals, decisions, policies and processes around the development and sale of its publishing output), and those where external advice and support would be preferable (unusual, one-off, cross-border, high value, risky or complex issues and projects).
Where demand for in-house support exceeds supply, either because of peaks in demand or because the Press’s in-house team is below full strength for a particular period of time, the Press has appointed LOD as Legal Business Partner. This will ensure a constant level of in-house service in these core areas, whilst still managing costs. The Press will work with LOD to develop a ‘bench’ of lawyers who, over time, get to know the organisation and its key in-house clients, leaving the Press well-placed to pick up work from the in-house team at any time. The ‘bench’ will initially be focused on the UK, but in due course the Press plans to expand the network to cover other territories.