His third and final property is a two-story home in a suburb outside Philadelphia. She lives there with her husband and three children. Her children attend school in the local district, and she pays her state and local income taxes based on Pennsylvania tax rates. This is their domicile or principal residence. Carlyle O: 8 L: 8 I: 8 — Total 24 When sanctions were imposed on Russia in the wake of the invasion of Ukraine, the private equity group`s global legal team had to assess the potential impact on more than 360 companies in its portfolio. While a home may be empty if a person travels for an extended period of time or has been hospitalized, the place is still legally considered their home if there is an intention to return and they have not claimed a place other than their legal or primary permanent residence. The team also developed methods to measure the performance of the legal department. A new knowledge management team has implemented learning programs focused on leadership and agile work. International Fund for Agricultural DevelopmentO: 6 L: 6 I: 7 — Total 19 The legal team helped the fund obtain a credit rating, making it the only UN agency to have a credit rating – with the exception of the World Bank. The fund can now use its rating to borrow cheaply and lend directly to the private sector, improving financing opportunities for farmers. European Investment Fund O: 6 L: 7 I: 7 — Total 20 The European Investment Fund, a subsidiary of the European Investment Bank, has established a Venture Capital Centre of Excellence to channel more resources to life sciences, particularly those supporting recovery from the Covid pandemic. The system uses an artificial intelligence tool to process new investments.

The legal team solved complex privacy and intellectual property issues for ideas developed on the platform. They have also contributed to cooperation between various parties. Colt Technology Services O: 7 L: 6 I: 7 — A total of 20 Colt was the first telecommunications company in the world to introduce «binding corporate rules» approved by the European Data Protection Board, ensuring a high level of protection. The legal department helped Colt obtain its certification. The team also uses dashboards to track workflows and performance across the legal department. Although it is full of emotional connotations, a house has specific legal connotations because it is used to determine many things, from tax liability to a person`s status in the country where they live. It can also be used to determine which state probate laws are followed, a state`s rights when collecting taxes, and citizenship if a person resides in a country other than the one in which they were born. Anheuser-Busch InBev O: 8 L: 7 I: 6 — Total 21 Beverage company AB InBev`s digital ethics team has developed a «fairness toolbox» for risk assessment in new technology projects where regulatory implications are unpredictable. The toolkit is based on core values defined by the team.

It then draws on consumer surveys and the team`s knowledge of best practices to anticipate compliance risks such as data or diversity considerations, even if they are not yet solid legal risks. However, Kate Jones, its New York tenant, is eligible to take advantage of the state`s free classes. Although she doesn`t own the property where she lives, it`s her legal residence, and she calls New York, upstate New York home. Iberdrola O: 7 L: 8 I: 6 — Total 21 The new business unit of the Spanish utility company has modernized the legal department, making it a leader in the Spanish utility sector. Contract management and outside lawyers` expenses were automated, and the legal operations team experimented with using new technologies – such as blockchain – to sign documents. Britvic O: 7 L: 8 I: 8 — Total 23 At beverage company Britvic, the legal team found that it lost significant value each year because manual processes prevented lawyers from recording expired counterparty obligations, such as payments and late fees. As a result, the team worked with their procurement and IT colleagues to develop automated contract design and approval systems with technology-appropriate contract templates. The legal team expects the moves to save up to £12 million over the next few years. NatWest O: 6 L: 8 I: 8 — A total of 22 lawyers from NatWest, the British banking group, have made their legal documents more accessible.

Terms and conditions are now shorter and easier to read, as well as neutral and easier to navigate for dyslexic readers. The lawyers also worked with the Chancery Lane Project, a collaborative legal initiative, to include energy consumption requirements in their supplier contracts – the first UK bank to do so. The HighQ legal technology platform automates low-value work, such as creating non-disclosure agreements using templates, while assigning intermediary work to lawyers while sending the rest to outside lawyers via HighQ. The automatic selection of the company`s legal requests accelerated the department`s response time. Using HighQ as a case management tool allows General Counsel to easily monitor and reallocate workloads. VodafoneO: 6 L: 6 I: 6 — Total 18 The telecommunications group`s legal department has developed a resource that allows the company`s employees to access up-to-date contractual terms that they can offer to customers. This has almost halved the number of tailor-made mobile phone contracts awarded to business customers requiring legal approval. Eon UK O: 6 L: 6 I: 6 — Total 18 The legal team used their existing technology to develop a new method of triaging legal work that standardized the way everyone in the company applies for legal assistance.

The team uses Microsoft Planner to assign work and monitor priorities, providing a simple and easy way to view workload. A new case management tool centralized interactions and document sharing with the company and external consultants. For example, imagine that Mary Smith has three properties. The first is a beach house in New Jersey. She uses this property during the summer months with her children; In winter, the property remains empty. This is their holiday home. Bayer O: 8 L: 8 I: 8 — A total of 24 employees can learn about a company by staying in other departments, so the legal department of the German pharmaceutical and biotech company runs a virtual secondment program open to all employees. Everyone can gain experience in the legal department, while members of the legal team benefit from the skills of others in IT, finance, etc.

The virtual program is easier to manage than physical assignments and will be expanded to other departments.