BMO Recognized for Challenging Its Lawyers to Find Efficiencies

Legal Feeds
May 19, 2015

Legal Feeds, the blog of Canadian Lawyer Magazine and Law Times, reports that BMO Financial Group has been named a 2015 ACC Value Champion. The article notes that BMO Financial Group took a grassroots approach to efficiency, sourcing 40 ideas through an "Innovative Team Challenge." The article goes on to add that the best ideas resulted in a standardized regulatory compliance review process that eliminated the need for 60 percent of business reports, and through the use of value-based fees, the department reduced legal spend on employment litigation matters by 30 percent. To read the full article, visit www.canadianlawyermag.com/legalfeeds.

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