In-house Legal Training - A New Direction For Your Business

In-house Legal Training - A New Direction For Your Business

Copyright (c) 2011 Sue RichardsonIn today's increasingly cut-throat business environment, diversification is the name of the game. To compete against rival companies, organisations are having to expand their skills set to incorporate new directions and tap in to different marketplaces. So can in-house legal training provide a new direction for your business?What does legal training offer? In-house legal training isn't just an opportunity to fulfil your continuous personal development obligations. It can also be a great way of introducing new concepts into an already successful business model that could drive your organisation in a new direction. Taking advantage of expanding marketplaces in areas such as health and safety legislation and personal injury compensation can open up new avenues of revenue for the savvy business owner.It also offers you a chance to consolidate existing skills and apply them to new areas, focusing on a best practice approach that will enhance your business's reputation with both your clients and your peers. Legislation is constantly changing, being updated and added to. If you want to stay ahead of the game then continual training and development has to be an integral part of your business model. Relying on outdated information could not just cost you clients but if you get it wrong it could cost you your business reputation too. What's new on the horizon? The current emphasis is on personal injury compensation litigation. While this has been the victim of some bad press recently, the fact is that personal injury compensation claims are on the rise in all aspects of the field - from road traffic accidents through to workplace related incidents. People are more willing to consider filing a compensation claim, particularly during a time when personal finance is such a key factor. Good in-house legal training in this area will enable your team to offer a more comprehensive service, taking into account many of the recommendations made in Lord Young's analysis of the claims industry last year. Health and safety issues continue to play a prominent role in personal litigation. Small businesses in particular are finding it difficult to stay abreast of changes in the Law, so any organisation that can offer a specialist service in this area will have a willing audience and plenty of opportunity to develop the H&S aspect of their business portfolio.What kind of training should I consider? The type of training you should be looking at will depend very much on your existing business model. While in-house training may work for some, others will prefer to go with external training that will also present strong networking opportunities. However, smaller firms who may have to consider costs as a major factor will be better served by intensive in-house training that delivers more 'bangs for your buck' and keeps external costs such as accommodation and travel to a minimum.Whatever type of training you consider, the business that is willing to evolve and listen to market forces will succeed to a greater degree than one that simply confuses 'consolidation' for 'stagnation'. In-house legal training provides you and your team with an ideal opportunity to explore new business avenues as well as strengthening your core skills sets with new, best practice methods. The result is a stronger reputation amongst clients as a business that can deliver a superior service, as well as opening new doors into previously unexplored areas.

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