Legito PowerUp 2022: Legal team challenges within a fast growing company
Kamile Valatkaite is a senior legal counsel with Vinted – the company that is promoting sustainable consumption by providing a marketplace for selling and buying second-hand items, mainly clothing.
Kamile’s presentation was about the particular challenges faced by a legal team supporting a fast-growing company. Within two years, the legal team grew from 2 to 40 people. At first, two people had to cover everything, but the team’s growth allowed them to build structures and responsibilities – Kamile’s org chart would look familiar to the legal team in many large organizations. Kamile says she is “a huge legal design advocate”.
“Changes come quickly and often, making it hard to plan.”
In a start-up environment, Kamile says, changes come quickly and often, making it hard to plan. They have to adapt to business needs, and if they embark on innovation projects, they have to find additional hours to do the work.
Kamile focussed on projects for the contracts team. They had been using various software tools to help them, until they recognized that the tools had inadequate access controls, and were starting to look risky, and they felt the security posture of the tools was insufficient. They needed a solution that allowed them to implement proper controls.
A new business requirement caused a sudden and significant increase in B2B contracts. The higher volume of contracts created the opportunity and need to move to adopt templates for more of their contracts.
Legito offered a platform that could help the team adapt to the changing requirements while having the controls, templates, and other tools to drive efficiency.
Legito PowerUp 2022: Legal team challenges within a fast growing company
Kamile Valatkaite is a senior legal counsel with Vinted – the company that is promoting sustainable consumption by providing a marketplace for selling and buying second-hand items, mainly clothing.
Kamile’s presentation was about the particular challenges faced by a legal team supporting a fast-growing company. Within two years, the legal team grew from 2 to 40 people. At first, two people had to cover everything, but the team’s growth allowed them to build structures and responsibilities – Kamile’s org chart would look familiar to the legal team in many large organizations. Kamile says she is “a huge legal design advocate”.
“Changes come quickly and often, making it hard to plan.”
In a start-up environment, Kamile says, changes come quickly and often, making it hard to plan. They have to adapt to business needs, and if they embark on innovation projects, they have to find additional hours to do the work.
Kamile focussed on projects for the contracts team. They had been using various software tools to help them, until they recognized that the tools had inadequate access controls, and were starting to look risky, and they felt the security posture of the tools was insufficient. They needed a solution that allowed them to implement proper controls.
A new business requirement caused a sudden and significant increase in B2B contracts. The higher volume of contracts created the opportunity and need to move to adopt templates for more of their contracts.
Legito offered a platform that could help the team adapt to the changing requirements while having the controls, templates, and other tools to drive efficiency.