ACC Value Challenge
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In the News
Q & A with Fred Krebs
Wicker Park Group
Nov 21, 2009
In this issue of the Wicker Park Group "Client Q & A," ACC President Fred Krebs provides detailed insights to the ACC Value Index and its 5-point scale.
Are Law Firms Oblivious?
Boston Business Journal
Nov 20, 2009
The In-House ACCess blog is referenced in today's Boston Business Journal article, "Are Law Firms Oblivious?," on billing rates.
Don't Fuss About The ACC's Value Index: Get With The Program
Legal Marketing Blog
Nov 19, 2009
Tom Kane’s blog post comments on the ACC Value Index and the November 18th AmLaw Daily article.
Welcome to the Future: Rating the Ratings
AmLaw Daily
Nov 18, 2009
Information about the ACC Value Index is reviewed and explained in this edition of AmLaw Daily.
It Is Premature To Cite "Rankings" From Value Index
In-House ACCess
Nov 13, 2009
The attention from the media and law firms at this early stage of development reflects the potential value of the AVI to our members.
Site Lets In-house Counsel Rate Outside Firms
The Journal Record
Nov 12, 2009
Reporter Jack Dew takes a closer look at the ACC, examining its survey of outside counsel, ACC/Serengeti Survey, and the ACC Value Index.
Law Firm Rankings By Clients, But We Can’t See Them
Above the Law
Nov 11, 2009
The Value Index allows members to share ratings, and view what other colleagues think about their outside counsel.
Objection, Your Honor
Portfolio
Nov 11, 2009
Thoughts about the ACC Value Challenge and its new rating tool.
Five-Star Law Firms? ACC Publishes Ratings, to Mixed Reviews
ABA Journal
Nov 10, 2009
Clients’ one-to five-star ratings of law firms are being published online for all 25,000 ACC members, but the report cards will be off-limits to law firms, at least for now.
Who Posted This?
Corporate Counsel
Nov 9, 2009
ACC President Fred Krebs discusses the Value Index in this issue of Corporate Counsel Magazine.
Law Firms Cautious About ACC Ranking System
The AM Law Daily
Nov 9, 2009
When we initially heard about the ACC's plan for a system to rank law firms based on evaluations from in-house lawyers, we didn't think the firms would be thrilled about it.
General Counsel Keep Billable Hour Hanging On
Law360
Nov 6, 2009
Law360 makes reference to the ACC Value Challenge and Value Index,
and includes comments ACC Senior VP and GC Susan Hackett
Rating system for law firms? Some object
Boston Business Journal
Nov 5, 2009
Law firms and in-house counsel welcome the ACC Value Index and its'
methodology.
How Does Your Firm Stack Up Against The ACC Value Index?
Legal Marketing Blog
Nov 4, 2009
The great question of whether law firms can "stack up against the ACC Value Index" is delved into in today's dedicated lawyer marketing blog.
The ACC Value Index – We’re Not Worthy!
Corcoran’s Business of Law Blog
Oct 28, 2009
ACC held its annual meeting recently in chilly Boston, and the next phase of the ACC Value Challenge was released: make way for the ACC Value Index.
Alternate Fees – Current Best Practice and Likely Trends
Law Marketing Portal
Oct 21, 2009
Alternate Fees – Current Best Practice and Likely Trends
At ACC Annual Meeting, Counsel Discuss Criteria For Evaluating Law Firms
The Posse List
Oct 21, 2009
Wal-Mart Stores Inc. plans to add evaluation of a law firm’s flextime policies to its list of criteria for evaluating outside firms, according to a panelist at the ACC annual meeting in Boston.
ACC Value Challenge
Legal Talk Network
Oct 21, 2009
FMC Technologies VP, GC & Secretary Jeff Carr, along with ACC Senior VP and GC Susan Hackett comment on the impact that the ACC Value Challenge is having on companies and firms.
Corporate Counsel to Candidly Evaluate Law Firms Using Value Index
Fort Mill Times
Oct 21, 2009
A study by the ACC has found that for the first time in three years, controlling the costs spent on outside counsel is a top priority for in-house legal chiefs.
Corporate Counsel Group To Measure Customer Satisfaction
Daily Business Review
Oct 21, 2009
ACC is rolling out the new index at its annual meeting, which started Monday in Boston.”
At ACC Annual Meeting, Counsel Discuss Criteria for Evaluating Law Firms
National Law Journal
Oct 20, 2009
Johnson & Johnson AGC Philip Crowley and The Timberland Company VP, GC & Secretary Danette Wineberg comment on the importance of establishing guidelines when hiring outside counsel.
Law Firms Look at Process Management
Law.com
Oct 20, 2009
What do lawyers and general contractors have in common? Nothing yet.
Yelp for Lawyers: ACC Launches Secret Evaluations of Law Firms
Law Marketing Portal
Oct 20, 2009
The value Index “is also an instrument to help shape the thinking and dialog between firms and in-house counsel about what constitutes ‘good value’ in legal services,”
Corporate Counsel to Create Customer Service Rankings
Corporate Counsel
Oct 19, 2009
The Association of Corporate Counsel is holding its annual meeting in Boston and the big unveil tomorrow will be a new firm ranking system.
Law Firms to Be Rated on Client Satisfaction in New ACC Index
Law.com
Oct 19, 2009
Law firms are already ranked on a variety of criteria such as profitability, prestige and diversity. From the client standpoint, these ratings are helpful, but not necessarily essential.
How'd They Do? ACC to Introduce Client-Satisfaction Ratings of Law Firms
Law.com
Oct 19, 2009
Law firms are already ranked on a variety of criteria such as profitability, prestige, and diversity.
ACC set to launch ‘Value Index’
Boston Business Journal
Oct 19, 2009
ACC Value Index is aimed at spurring conversation about exactly what “good value in legal services” means.
Controlling Outside Counsel Legal Spend Surpasses Compliance Requirements as Top Concern for In-house Counsel
Oct 19, 2009
For the first time in three years, controlling spending has returned as the top priority for in-house counsel.
Controlling Outside Counsel Legal Spend Surpasses Compliance Requirements as Top Concern for In-house Counsel - Part II
Oct 19, 2009
For the first time in three years, controlling spending has returned as the top priority for in-house counsel.
Controlling Outside Counsel Legal Spend Surpasses Compliance Requirements as Top Concern for In-house Counsel - Part I
Oct 19, 2009
For the first time in three years, controlling spending has returned as the top priority for in-house counsel.
ACC Launches Law Firm Client Satisfaction Ratings
Rainmaking Club
Oct 18, 2009
The ACC Value Index is a client satisfaction measurement tool where members share evaluations of the law firms they engage.
Key Client Body to Rate Outside Advisers for Value
Legal Week
Oct 18, 2009
ACC is to launch an innovative new venture to allow members to rate law firms on core factors such as value and quality of service.
Corporate Counsel To Candidly Evaluate Law Firms Using Value Index
Oct 15, 2009
ACC will launch the ACC Value Index, a component of the ACC Value Challenge, at its 2009 Annual Meeting in Boston on Tuesday, October 20, 2009 at the Hynes Convention Center.
New ACC ‘Value Index’ Helps Clients Rate - And Share - Law Firm Performance Info
ABA Journal
Oct 15, 2009
Now the Association of Corporate Counsel is about to introduce a tool to help in-house legal departments better implement it.
Approach ACC's Value Challenge with a Powerful Tool
Verbatim
Oct 6, 2009
Today's "Verbatim" features the ACC Value Challenge and Dechert LLP's managing partner Timothy Boyce's perspective on its impact.
The Switch to Smaller
ABA Journal
Aug 25, 2009
ACC Senior VP & GC Susan Hackett comments on revolutionizing the law firm business model.
Business of Law (subscription only)
Daily Business Review
Aug 24, 2009
ACC Senior VP & GC Susan Hackett comments on the "Wave of Expected Litigation" in today's Daily Business Review.
'Billable Hour' Under Attack
Wall Street Journal
Aug 24, 2009
ACC Chair Daniel Fitz comments on changes that companies can make to the law firm billing model.
For Junior Lawyers, the Gravy Train Is Slowing
Business Week
Aug 13, 2009
ACC Senior VP and GC Susan Hackett comments on law firm clients reaching their tipping point with the existing billing structure.
Drinker Biddle Prospers after Adopting the ACC Value Challenge
Lawmarketing.com
Aug 3, 2009
Most of the legal profession has infuriated its clients with high rates and maintains a hidebound resistance to changing its business model.
High-Flying Pay Packages at a Halt
Michigan Lawyers Weekly
Jul 30, 2009
The ACC Value Challenge is noted by Michigan Lawyers Weekly as the groundbreaking reaction to client complaints.
Learning to be an Attorney
The Minnesota Lawyer
Jul 29, 2009
The ACC Value Challenge is noted as one of the key initiatives for the legal industry.
Law Review: Rays of Hope for Junior Associates
Philadelphia Inquirer
Jul 14, 2009
The ACC Value Challenge is noted as the "blueprint for reforming the way that law firms charge their clients."
Closing Arguments on the Billable Hour
Philadelphia Inquirer
Jul 13, 2009
The Philadelphia Inquirer notes ACC's position paper on alternative fees.
Firms, GCs Starting to Talk the Talk
The Legal Intelligencer
Jul 13, 2009
The ACC Value Challenge is creating the change for how law firms do business.
Legal Pad Checks in With ACC Value Challenge
Jul 5, 2009
Legal Pad asks ACC SVP & General Counsel Susan Hackett for her thoughts about Orrick's decision to stop lockstep promotions.
Business as Usual
Missouri Lawyers Weekly
Jun 25, 2009
ACC SVP & General Counsel Susan Hackett comments on the hopes of the economy returning to normal.
Frost Brown Todd Program Gives New Associates In-house Client Experience; Clients Get Greater Value and Input
Jaffe Legal News Service
Jun 18, 2009
Regional law firm, Frost Brown Todd, is following the ACC Value Challenge, and taking note of its clients' concerns with the current business model.
FMC Technologies Sponsors Alternative Billing Contest
Bloomberg
Jun 9, 2009
ACC Value Challenge steering committee member, board member and GC for FMC Technologies Jeff Carr leads the charge in his company's competition for creative billings.
For Large Firms, Alternative Billing Makes Inroads
Law.com
May 26, 2009
When Eli Lilly & Co. settled an $1.42 billion suit, Duane Morris was in the unusual spot of representing the plaintiffs along with personal injury firm Sheller P.C.
ACC Value Challenge, a "Starting Point" for Costs Cutting in Departments
Fulton County Daily Report
May 21, 2009
Lawyers at event in Atlanta say cost cutting for outside counsel to corporations has reached unprecedented levels this year.
In-house Counsel Riled Over Billable Hour
The New Lawyer
May 21, 2009
Referenced by the New Lawyer, "In-house Counsel Riled Over Billable Hour" generates additional momentum for ACC Value Challenge.
Cutting Costs is a Way of Life for In-house
Daily Report
May 20, 2009
How one local in-house counsel approaches outside law firm may very well summarize the state of today's legal economy.
Is The Billable Hour Really Dying?
The Lawyer Weekly
May 8, 2009
The loud muttering about ineffectiveness of the billable hour has now turned into a major “kill the billable” movement is being spearheaded by the Association of Corporate Counsel (ACC).
Is the Billable Hour Really Dying
Lawyers Weekly
May 4, 2009
A close look at the movement to re-evaluate the billable hour.
ACC Talks to CNBC on Economy's Impact on In-house Counsel
Apr 30, 2009
From the New York Stock Exchange, CNBC "Squawk on the Street" gives viewers up-to-the minute news every major market around the world.
Wall Street Lawyers Dumped for Lower-Priced Boutiques
Bloomberg.com
Apr 6, 2009
DuPont and other clients, hit by the recession, are pressing firms for fixed fees or 10 to 25 percent discounts.
Rethinking Value in the Legal Profession, ACC Value Challenge Leads the Way
New York Times
Apr 1, 2009
The ACC Value Challenge is noted as a leader for reconnecting value to billable hours by New York Times editor.
Law Firms and Clients Think Twice About the ‘Billable Hour’
Philadelphia Business Journal
Feb 23, 2009
DELVACCA President Todd Borow comments on the ramifications of increasing billable hours and upcoming ACC Value Challenge events which address this issue.
American Discovery Supports Initiatives of the ACC Value Challenge
Yahoo! Finance
Feb 4, 2009
The ACC Value Challenge is strongly supported by document review provider American Discovery. To read the full story, click on the
title link above.
Billable Hours Giving Ground at Law Firms
New York Times
Jan 30, 2009
What are law firms, clients and corporate counsel saying about the real impact of the mighty billable hour? Today’s NY Times “Billable Hours Giving Ground at Law Firms” delves into this and more.
The Value Challenge Initiative
LegalTalkNetwork
Jan 13, 2009
ACC Senior Vice President and General Counsel Susan Hackett speaks candidly with In-house Legal about concerns, next steps, and responses with the ACC Value Challenge initiative.
The Change Agenda: Peace Talks
Law.com
Dec 1, 2008
Q&A interview with ACC VP Susan Hackett on the significance of controlling increasing billable hours by law firms and the efforts put forth by the ACC Value Challenge.
Economy a Central Focus at ACC Annual Gathering
Canadian Lawyer
Oct 27, 2008
Canadian Lawyer highlights the ACC Value Challenge launch, hosted via live webcast on September 6, 2008.
Brand or Die? A Marketing Staple?
The Legal Watercooler
Oct 26, 2008
The increasing billable hour and initiatives such as ACC’s Value Challenge are addressed in today’s legal blog.
Billable-Hour System Under Scrutiny From Client
Law360
Oct 20, 2008
Click below to read former ACC Chair Michael Roster’s comments on the ACC Value Challenge goals.
Will Corporate Counsel Push Law Firms to Drop Hourly Billing?
ABA Journal
Oct 20, 2008
The ABA Journal highlights ACC’s new billable hour initiative, the ACC Value Challenge.
Rethinking Legal Fees for Lean Times
Washington Post
Oct 20, 2008
Click below to find out why law firms may rethink their increasing hourly rates
The ACC Value Challenge
Law Firm Web Strategy
Oct 2, 2008
Law Firm Web Strategy blogger Steve Matthews writes about knowing your clients, addressing their issues.
Take Your Nose Out Of The Trough Cuz It Ain't About You Any More - Corporate Counsel Challenge Law Firms
Financial Post
Oct 1, 2008
The viewing of the September 26 ACC Value Challenge launch is discussed in the recent Legal Blog By Mitch Kowalski of the Financial Post.
The Value Challenge
In Search of Perfect Client Service
Sep 29, 2008
All is a buzz with “In Search of Perfect Client Service” rating of ACC’s Value Challenge webcast.
Commodity Legal Work--The Antichrist?
In Search of Perfect Client Service
Sep 29, 2008
Blogger Patrick Lamb outlines his highpoints from the ACC Value Challenge and the connection to the meaning and relevance of “commodity work.”
Billable Hour Challenged
Legal Bisnow
Sep 29, 2008
This inaugural event drew luminary panelists including GCs of Accenture, DuPont, Intel, Greenberg Traurig, McKenna Long, and WilmerHale, all of whom seemed to agree, the system is broken.
Panels to Discuss Costs of Outside Counsel
The Fulton County Daily Report
Sep 17, 2008
The ACC Value Challenge and its potential effect in the outside counsel community are examined in this edition of the Fulton County Daily Report.
No Pay for 1st-Year Billables?
Legal Bisnow
Sep 17, 2008
Four of DC’s top in-house practitioners served up delectable morsels of wisdom.
Tune In September 26th To Live ACC Value Challenge Webcast
The Metropolitan Corporate Counsel
Sep 15, 2008
The highly anticipated ACC Value Challenge Webcast is highlighted in this month’s issue of Metropolitan Corporate Counsel.