PHILADELPHIA--(BUSINESS WIRE)--
ACE Group today announced that its Office of General Counsel, North
America, has been named a 2014 ACC
Value Champion by the Association
of Corporate Counsel (ACC). The ACE “Project Best in Class”
initiative resulted in better legal outcomes achieved through
cost-effective, ambitious insourcing and innovative staffing practices,
delivered by a home-grown knowledge management and collaboration
platform.
The ACC Value Champions initiative is a component of the ACC
Value Challenge, which promotes reconnecting the cost and value of
legal services. ACE was recognized as one of 11 corporate legal
departments, along with five law firms and legal service providers that
delivered substantial value to their client organizations by cutting
spending, improving predictability and achieving better legal outcomes.
“We commend ACE for being a champion of change in the legal industry,”
said Veta T. Richardson, President and CEO of ACC. “The company’s
multi-faceted approach demonstrates how much can be accomplished when
legal organizations approach team collaboration and client service with
fresh perspectives and innovative ideas.”
“We’re pleased to receive this award in recognition of ACE’s innovation
in the area of inside counsel process improvement, and for providing
best-in-class legal services to our organization,” said Kevin Rampe, ACE
General Counsel, Office of General Counsel, North America.
In addition to implementing a new legal service model, attorneys at ACE
turned to technology-based improvements to better connect its attorneys
spread across 11 cities. The legal department built “The Link,” an
intranet encompassing a digital reference library, department member
profiles, a news center and training and mentoring resources. Volunteers
from across the legal department contribute to the site and also are
active in talent development activities, such as the department’s
mentoring program. Additionally, staff skill and experience inventories
accessible through “The Link” facilitate formation of agile teams for
short-term projects.
In addition to cost effective measures, the legal department’s
innovations have boosted staff professional development as lawyers
focusing on high-value work become experts in insurance law and the
company’s highly-regulated products. With deeply-rooted experience, the
legal department’s value to the business, and ability to help meet
strategic objectives, continues to grow.
ACC received 83 nominations from legal departments and law firms from
December 2013 through February 7, 2014. The complete list of the 2014
ACC Value Champions can be viewed online at: www.acc.com/valuechampions.
The Association of Corporate Counsel (ACC)
is a global bar association that promotes the common professional and
business interests of in-house counsel who work for corporations,
associations and other private-sector organizations through information,
education, networking opportunities and advocacy initiatives. With more
than 33,000 members employed by over 10,000 organizations, ACC connects
its members to the people and resources necessary for both personal and
professional growth. By in-house counsel, for in-house counsel.®
For more information, visit www.acc.com
and follow ACC on Twitter http://twitter.com/ACCinhouse.
ACE Group is one of the world’s largest multiline property and casualty
insurers. With operations in 54 countries, ACE provides commercial and
personal property and casualty insurance, personal accident supplemental
health insurance, reinsurance, and life insurance to a diverse group of
clients. ACE Limited, the parent company of ACE Group, is listed on the
New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500
index. Additional information can be found at www.acegroup.com
and follow ACE on Twitter https://twitter.com/ACE_GroupNA.
Source: ACE Group