About

In his legal department, Markus Ratz focuses not only on its legal function but also on every team member’s role as ‘business enabler’ whenever possible. Working in a legal department of a company that is an active financial market player has not been easy over the years but Ratz has successfully ‘steered the company through a large number of new and tighter regulatory requirements’, a legally complex and multi-faceted task which requires to enter new territory on a daily basis. An internal challenge has been to ‘overhaul and restructure our panel’ while his role allows him to ‘actively design processes with a high degree of autonomy’. Law firms should act ‘transparently, from the very beginning’ and be prepared to ‘acknowledge when things go wrong’.