What is it?
The legal department itself has internal resources. These represent capabilities and talents that exist within the department or the department’s employees. These can be either tangible or intangible and contribute to the overall success of the legal department.
Why is it important?
Recognizing and utilizing internal resources can lead to impacts to both the bottom line and psychological impacts that positively affect culture For example, someone within a department can share their expertise with a certain piece of technology by holding a training which makes the entire team more effective users of that technology. Or a solution being used by one person may be beneficial if implemented in the department as a whole. These resources may already exist in the department and they should be captured and utilized more broadly.