Innovation throughout Dechert
We continue to explore new ways of delivering excellence in everything we do, embracing innovation to drive our service and success. Here are some examples of how our creativity has benefited our clients.
Innovation starts with teaching our people how to fish In 2021, Dechert launched, in
Dechert’s Innovation Incubator In a busy year, it’s easy to focus on the present and neglect the future. That’s why we have been very focused on developing our Innovation Incubator, which funds projects worthy of long-term investment with billable hours credit and financial resources. These are investments that our firm makes because of the long-term beneficial impact on our clients and our organization. In the past year, the number of projects and hours the Innovation Incubator invested in drastically increased, as the firm continues to focus on using technology to ensure quality and improve efficiency. With more than 22 individual projects and 1500+ hours billed to their development, the firm is starting to see tangible benefits resulting from the implementation of these projects. many of our clients who are the direct beneficiaries of these investments.” Ciara O’Leary Partner “ It’s exciting for us, and for
and was recognized as such by high- profile legal media outlets. In it, participants were required to make a substantial time investment, to work in highly diverse teams and to explore, brainstorm around and come up with ideas to address some of the firm’s most pressing business challenges. The ideas that have been generated in the program have been pitched to the firm’s chiefs and they have been received with praise. Some of them will be further analyzed for potential implementation or to complement efforts already underway.
partnership with global innovation and design company IDEO and other external lecturers, a six-month training program to enhance its people’s skills to think differently, generate ideas and develop new work processes, business lines and service delivery models. The emphasis of the program is on the improvement of personal skills that are necessary to effect change and that in most cases do not relate to the use of legal technology, such as: creative problem-solving, client-centricity, legal project management, pricing and digital skills. The program, offered in its first edition to 40 lawyers and business services professionals from all teams and most U.S. and European offices, is the first of its kind in the legal market
The programwas a transformative experience. It allowed me to work with people across the firm I have never interacted with before, to create new meaningful work relationships and to have time to think about our business challenges from new angles. The program has been so successful that the firm is looking into rolling it out to more people and to develop other formats to reach different audiences and goals.” Angela Liu Partner “
32
Powered by FlippingBook