Leading an in-house legal team is often about seeking optimal solutions for the business to accomplish strategic goals. This calls for a variety of abilities beyond legal expertise, including social and soft skills.
In-house legal teams not only need to have technical legal expertise, but also a deep knowledge of the business and how it operates. This allows them to both identify risks in a preventative way and be an accelerator of business needs.
For example, in very large organisations like Chilean mining corporation Codelco, teams deal with multi-million dollar transactions and highly complex disputes on a daily basis, requiring a multiplicity of knowledge and skills as well as support from specialist external advisors.