Kristen is a financial services and technology executive, general counsel, and board director with dynamic cross-functional experience leading teams and advising with respect to corporate growth and strategy, equity and debt financings, investment advisory and securities brokerage businesses, investment funds, technology, fintech, digital payments, real estate, marketing and emerging areas of capital markets.
How CrowdStreet’s general counsel uses Practical Law to keep abreast of workload, costs, and risk management.
Well, we really describe ourselves as a scale-up, now we’re generating revenue. Even so, in 2022, we could see that we would need to cut our expenses as we moved into 2023. And as an in-house lawyer, a big area to cut expenses is in your use of outside counsel.
So, I looked at the whole portfolio of our work and identified a couple of areas where we could better use our internal resources and give them a chance to expand their knowledge base and their skills to take over something that we had previously used outside counsel for. A good starting point for that process of letting our attorneys and even paralegals to expand their knowledge base is to send them first to their Practical Law resources, so they can start with the material and get the bigger picture, which you often miss when you're in-house because you're often dealing with single, specific issues.