The ACC Guide to Value-Based Fees provides a step-by-step approach to help those new to the process get started and to help those who are veterans of the process consider whether there may be opportunities to improve what they already do. The checklists, flow-charts and tables are designed to help in assessing a particular matter to determine which value-based fee constructs would fit best, as well how to best implement and carry out those terms.
Best practices and guideline review and development template
Budgets should be prepared on a “life of matter” basis, but should be updated periodically as the matter and assumptions evolve over time.
RFP’s (Requests for Proposal) can be a helpful tool to assist in selecting the right law firm for material matters.
Definition of top metrics used and how to calculate and use them.
The purpose of this document is to recommend best practices around the on-boarding of new outside attorneys.
A good legal spend dashboard provides a high level overview of your legal spend and delivers key data points on one screen or page.
This is a sample procurement contract review process map.
Sample questionnaire for classifying contracts according to risk.