31 Asian Legal Business | September 2024 ating how effectively I contribute to the company’s strategic goals while safeguarding its legal and ethical standards.” “Key indicators of success include the ability to provide timely, practical legal advice that facilitates sound business decisions and minimises risk. I also consider the successful resolution of legal matters, the proactive identification and mitigation of potential risks and the overall legal health of the company as crucial accomplishments,” Samuel adds. Another key measurement of success is the ability of the legal team to drive forward the company’s vision and goals. Thu Thien Pham, senior legal manager at B.Grimm Power, focuses on solar rooftop and renewable energy projects. She defines success as “effectively contributing to our mission of advancing sustainable energy.” “This means not just managing legal risks, but actively enabling our renewable initiatives to thrive within a complex regulatory landscape. By providing strategic legal support, I help turn our vision of a greener future into reality, ensuring every project we build is a step toward a more sustainable world,” she adds. Key performance indicators Achieving a team’s goals requires a continuous cycle of monitoring, refining, and measuring performance within the legal ranks. This process goes beyond simply ticking boxes; it’s about cultivating a culture where time equates to tangible progress. Au acknowledges that while legal work is primarily qualitative, he implements quantitative KPIs that link individual objectives to corporate goals, such as investment value. Pham also looks at certain quantitative measures to provide a comprehensive view of the legal team’s performance and areas for enhancement. “We monitor contract turnaround time to ensure swift support for business operations, reflecting our ability to handle contracts efficiently. Legal risk mitigation is tracked by the number of risks identified and managed before they escalate, showcasing proactive risk management. The compliance rate is another critical KPI, measuring how effectively we maintain regulatory alignment,” she explains. At Mercedes-Benz, Samuel focuses on a mix of qualitative and quantitative evaluation. Turnaround time for legal support and business alignment of legal advice are crucial KPIs to measure a legal team’s effectiveness. “We assess how effectively our legal team provides proactive, pragmatic and business-oriented advice that aligns with the company’s strategic goals. This involves obtaining feedback from our internal clients to ensure our guidance not only addresses current needs but also anticipates potential challenges and opportunities. By staying ahead of issues and offering forward-thinking solutions, we can help the business achieve its objectives more efficiently,” he says. Au also stresses on the importance of feedback from internal (other business Asia Top 15 GCs 2024 LIST Nabeel A. Al-Mansour Aramco Alex Au Link Asset Management Gregory Chew Nanyang Technological University Marco Chung CITIC CLSA Thomas M Clark Asian Development Bank (ADB) James Evans Linfox International Group Michelle Hung COSCO SHIPPING Ports Hiromitsu Kato INPEX Corporation Hemant Kumar Larsen & Toubro Daniel Lo Acheron Trading Zubin Masani Air India Arisia Pusponegoro Indonesia Investment Authority Vernon Jude Samuel Mercedes-Benz Malaysia Beryl Sit CITIC Securities International Company Thu Thien Pham B.Grimm Power
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