Case study: CDC Group among the first to take advantage of Obelisk’s paralegal services

 

We’re proud that in recent years, Obelisk has supported the expanding legal team at CDC Group and played a role in building a more sustainable future for all.

CDC Group, the UK’s development finance institution, is the world’s first impact investor with over 70 years of experience of solving the biggest global development challenges. CDC’s mandate is one that inspires – to successfully support the sustainable, long-term growth of businesses where the private sector is weak and jobs are scarce.

To date, CDC Group has investments in over 1,200 businesses in emerging economies with total net assets of £6.5bn and an impressive portfolio of £4.7bn. But success is not without its own challenges. Whilst the organisation has been growing rapidly, so has the workload, and in 2019, CDC found its legal team in need of flexible resources to help manage periods of high demand for general commercial advice and allow the internal team to focus on its core role of investment support.

Obelisk was able to place highly-skilled senior commercial lawyers to pick up the extra work and help the team as and when they need it.

“Our Obelisk consultants have become a natural extension of our in-house team. They help us manage peaks in our workload and we’re really impressed with how quickly they’ve been able to turn projects around, without compromising on quality.​”
Andy Wallace

Deputy Chief Legal Officer, CDC Group

 

Mixed ability legal team for CDC Group

 

Obelisk’s legal support service has been designed to be simple and easy to get started with. Based on a detailed understanding of the work the CDC team needed help with, Obelisk set up a small team of consultant lawyers to support a variety of general commercial contract work. When there is a requirement for advice from another practice area, Obelisk adds extra consultants to the team as needed.

Building on the momentum that our consultants brought to their legal team, CDC was among the first to take advantage of Obelisk’s paralegal service line when it launched last year, building a mixed ability team that responded perfectly to their needs in the most efficient, cost effective way.

“The key advantage of having an Obelisk paralegal on our team has been to create extra capacity and allow the internal team to prioritise critical work. Maria is experienced, knowledgeable and has proven to be an asset to our team.”
Andy Wallace

CDC Group

Legal work that works for everyone

 

Here at Obelisk Support we believe that legal work should work for everyone, at every level, and we’re proud that so many innovative and growing legal teams choose us to support their businesses.

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