There is a rising tide of data in legal regulatory organizations today.
The amount of information circling executive teams and committees — and the decisions they face — is growing daily.
There are no signs of it subsiding.
More memos, PDFs, and another spreadsheet will not tame this new world.
In the flurry of data, evolving public expectations and tight regulatory resources, new approaches and different tools are required to stay afloat.
To succeed and deliver on mandates in this challenging regulatory environment, teams need help finding:
- Frameworks for bridging the gaps between the tide of raw data and the strategic goals of the organization.
- Experts with scientific caliber data analysis skills, and years of experience and familiarity with the world of legal regulation and the unique needs of its stakeholders.
- Facilitators with the people and communication skills to help rally teams around new approaches to evidence-based decision-making and policy development.
We’re Standpoint. A small but nimble team with almost a decade solving problems only a legal regulator could appreciate:
- Balancing inside vs outside counsel resources to address an uncertain future demand for incoming files.
- Determining if the small firm practice management course launched 3 years ago is actually helping reduce complaints
- Evaluating if the entity regulation self-assessment is being perceived as helpful or not by participating firms
- Understanding the drivers of last year’s public complaints in the jurisdiction and identifying correlation/causation pathways for better resource allocation this year
- Identifying emerging issues in the lawyer population to truly become proactive in how those issues are addressed
These are just a few of the issues we’ve helped regulatory teams address over the years, and we always love a new challenge to solve.
Standpoint understands the unique needs of regulatory executives and the boards that support them.
- Sorts and organizes data and other information relevant to the challenge faced by the team or task force
- Facilitates the process of polling and documenting expertise and opinions of the team
- Builds a conceptual, yet fully quantitative model that becomes the compass for discussion and debate regarding various courses of action, and ultimately guides a consensus on the optimal solution set.
Standpoint helps with:
– Resourcing decisions related to optimizing internal and external expertise
– Unbiased evaluations of program performance to assist with reporting to boards, executive committees, and the public
– Establishing performance metrics and monitoring systems via KPIs, decision-making protocols, and adaptive management