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3 OKR examples for Legal Advisor

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What are Legal Advisor OKRs?

The OKR acronym stands for Objectives and Key Results. It's a goal-setting framework that was introduced at Intel by Andy Grove in the 70s, and it became popular after John Doerr introduced it to Google in the 90s. OKRs helps teams has a shared language to set ambitious goals and track progress towards them.

Formulating strong OKRs can be a complex endeavor, particularly for first-timers. Prioritizing outcomes over projects is crucial when developing your plans.

We've tailored a list of OKRs examples for Legal Advisor to help you. You can look at any of the templates below to get some inspiration for your own goals.

If you want to learn more about the framework, you can read our OKR guide online.

Legal Advisor OKRs examples

You'll find below a list of Objectives and Key Results templates for Legal Advisor. We also included strategic projects for each template to make it easier to understand the difference between key results and projects.

Hope you'll find this helpful!

OKRs to achieve efficiency in contract reviews and legal cost reduction

  • ObjectiveAchieve efficiency in contract reviews and legal cost reduction
  • KRImplement automated legal tech tools to assist with contract reviews
  • TaskSelect and purchase a suitable automated contract review software
  • TaskTrain the team to use the selected tech tools effectively
  • TaskResearch various automated legal tech tools available in the market
  • KRNegotiate or reassess fees with legal service providers for 15% cost reduction
  • TaskInitiate negotiation meetings with each provider
  • TaskResearch market rates for comparison in negotiations
  • TaskIdentify current legal service providers and review contract details
  • KRDecrease average contract review time by 50%
  • TaskTrain staff on efficient contract reviewing techniques
  • TaskImplement automation tools to expedite contract review process
  • TaskStreamline the contract review workflow

OKRs to broaden understanding of royalty components in contracts

  • ObjectiveBroaden understanding of royalty components in contracts
  • KRComplete an advanced course on contract royalty structures by the end of Q2
  • TaskResearch and select an advanced contract royalty course
  • TaskTake course exams and complete course work
  • TaskEnroll in chosen course and schedule study times
  • KRConduct informative discussions with 3 expert lawyers on contractual royalties
  • TaskSchedule and conduct informative discussions with each lawyer
  • TaskIdentify and reach out to 3 expert lawyers in contractual royalties
  • TaskPrepare comprehensive questions about contractual royalties
  • KRAnalyze and comprehend 20 past contracts with differing royalty conditions
  • TaskSummarize findings for applicable learning points
  • TaskIdentify the varying royalty conditions in each
  • TaskOrganize and review 20 past contracts for evaluation

OKRs to master nonprofit corporation law and excel in filing assistance

  • ObjectiveMaster nonprofit corporation law and excel in filing assistance
  • KRAssist 50 customers successfully in submitting their corporation filings
  • TaskDevelop a step-by-step guide for corporation filing process
  • TaskProvide personalized assistance to each customer
  • TaskFollow up with customers to confirm successful submission
  • KRComplete an in-depth course on nonprofit corporation law in six weeks
  • TaskComplete all assigned coursework and assessments on time
  • TaskDevelop a six-week study schedule
  • TaskSelect a comprehensive course on nonprofit corporation law
  • KRIdentify and document at least 20 common issues customers face with filings
  • TaskIdentify 20 recurring problems within these complaints
  • TaskDocument each problem clearly and concisely
  • TaskLook over past customer complaints for filing issues

How to write your own Legal Advisor OKRs

1. Get tailored OKRs with an AI

You'll find some examples below, but it's likely that you have very specific needs that won't be covered.

You can use Tability's AI generator to create tailored OKRs based on your specific context. Tability can turn your objective description into a fully editable OKR template -- including tips to help you refine your goals.

Tability will then use your prompt to generate a fully editable OKR template.

Watch the video below to see it in action 👇

Option 2. Optimise existing OKRs with Tability Feedback tool

If you already have existing goals, and you want to improve them. You can use Tability's AI feedback to help you.

AI feedback for OKRs in TabilityTability's Strategy Map makes it easy to see all your org's OKRs

Tability will scan your OKRs and offer different suggestions to improve them. This can range from a small rewrite of a statement to make it clearer to a complete rewrite of the entire OKR.

You can then decide to accept the suggestions or dismiss them if you don't agree.

Option 3. Use the free OKR generator

If you're just looking for some quick inspiration, you can also use our free OKR generator to get a template.

Unlike with Tability, you won't be able to iterate on the templates, but this is still a great way to get started.

Legal Advisor OKR best practices

Generally speaking, your objectives should be ambitious yet achievable, and your key results should be measurable and time-bound (using the SMART framework can be helpful). It is also recommended to list strategic initiatives under your key results, as it'll help you avoid the common mistake of listing projects in your KRs.

Here are a couple of best practices extracted from our OKR implementation guide 👇

Tip #1: Limit the number of key results

Focus can only be achieve by limiting the number of competing priorities. It is crucial that you take the time to identify where you need to move the needle, and avoid adding business-as-usual activities to your OKRs.

We recommend having 3-4 objectives, and 3-4 key results per objective. A platform like Tability can run audits on your data to help you identify the plans that have too many goals.

Tip #2: Commit to weekly OKR check-ins

Having good goals is only half the effort. You'll get significant more value from your OKRs if you commit to a weekly check-in process.

Being able to see trends for your key results will also keep yourself honest.

Tip #3: No more than 2 yellow statuses in a row

Yes, this is another tip for goal-tracking instead of goal-setting (but you'll get plenty of OKR examples above). But, once you have your goals defined, it will be your ability to keep the right sense of urgency that will make the difference.

As a rule of thumb, it's best to avoid having more than 2 yellow/at risk statuses in a row.

Make a call on the 3rd update. You should be either back on track, or off track. This sounds harsh but it's the best way to signal risks early enough to fix things.

How to track your Legal Advisor OKRs

Your quarterly OKRs should be tracked weekly in order to get all the benefits of the OKRs framework. Reviewing progress periodically has several advantages:

Most teams should start with a spreadsheet if they're using OKRs for the first time. Then, once you get comfortable you can graduate to a proper OKRs-tracking tool.

If you're not yet set on a tool, you can check out the 5 best OKR tracking templates guide to find the best way to monitor progress during the quarter.

More Legal Advisor OKR templates

We have more templates to help you draft your team goals and OKRs.

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