The Lain American Lawyer: March 2018 Latam_March 2018 | Page 18

Client View “Law firms should have a close collaborative approach, provide advice in a simple way, and be predictable on costs” Law firms using technology to facilitate reporting and billing, as well as those striving for ongoing collaborative working practices keep their clients happy Daniel Bulnes “ Working across such different geographies is not without challenges. ” Daniel Bulnes is general counsel South America at Atos It is highly valuable that law firms work closely with in-house lawyers and offer alternative fee arrangements, which can help with predicting costs and planning budgets, says Daniel Bulnes, general counsel South America at Atos. Atos is a digital transformation multinational listed on the Euronext Paris market. It employs 100,000 staff in 72 countries and generates around €13 billion in yearly revenue. Bulnes joined Atos in 2007 as senior legal counsel in Spain and relocated to Latin America in 2011. He is now based in Sao Paulo at the company’s regional headquarters, and runs a legal department covering Argentina, Brazil, Chile, Colombia, Peru, Venezuela and Uruguay. Working across such different geographies is not without challenges, admits Bulnes, pointing out the divergent regulatory framework governing business in each country. These challenges are tremendous opportunities for the in-house legal team, he adds, to provide support for the business, to develop cross-border skills at a professional level, and, above all, to show its value to the company. Learning the lessons Managing complex matters in-house, including litigation is also an opportunity to learn lessons which are valuable for the business down the line, he says. A case in point is learning the value of third party funding in litigation, which helps assess how a case could be brought to a successful conclusion. In addition, Bulnes says that there is a clear trend for in-house departments growing closer to the business and showing they generate more value in a context of downward cost pressure. Meanwhile, with many Latin American countries introducing anti-corruption measures, businesses have been forced to adapt their compliance policies to meet the new local requirements as well as refining and improving internal regulations, Bulnes says. Another more recent trend generating work and movement in the Latin American legal market is the push from companies to adapt to the new EU General Data Protection Regulation (GDPR), Bulnes notes. Because of the extraterritorial scope of the GDPR, this is an opportunity 16 • THE LATIN AMERICAN LAWYER • March 2018 for companies to be ready and compliant as well as increasing protection in countries which have different maturity for handling personal data. Atos has a formal legal panel and tends to externalise more work where the company has no lawyers on the ground, says Bulnes. It is regularly reviewed and legal departments around the company have an input in the selection process. The panel is comprehensive, the selection criteria includes high quality of services, broad presence in the countries where the company operates, intensive use of legal technology as well as a collaborative approach. While the law firm panel is broad, it is not exclusive and the in-house counsel can call upon external law firms which have a particular niche expertise. Additionally, in countries where the company does not have lawyers, the in-house counsel can select firms to handle day to day corporate matters at a competitive rate. It is not essential that a law firm has worked with the company previously to receive more instructions, Bulnes explains, adding that that he is regularly exposed to the work of various law firms in any given market because of Atos´ organic growth. Expanding through acquisitions brings new lines of business and is an opportunity for the team to learn and get acquainted with more firms, he says. A collaborative approach from the external lawyer is critical, Bulnes explains, particularly when there are issues where the in-house counsel knows the points of risk and only needs a quick check from the local outside lawyer, and time is normally of the essence. At Atos, digital transformation is part of the DNA so the use of technology by a law firm to facilitate billing, reporting and other tasks is important, he says. The department makes use of existing technologies automating processes so its lawyers can focus on higher value work. This adds to internal efficiencies and takes the team higher up in the value chain, he adds. Lastly, Bulnes prefers to work with firms under alternative fee arrangements which offer predictability and efficiency and make it easier to budget and design a business plan. He is pleased to see more law firms in the region taking this approach. www.thelatinamericanlawyer.com