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Add to that long list of considerations in mergers and acquisitions the topic of how you handle the IP. This session provided an overview of this important issue, including engagement/pre-due diligence advice, matters that must be tracked down in due diligence, handling due diligence findings, working with outside counsel and legal department subject matter experts, the technical due diligence process including addressing open source matters, and the definitive agreement and disclosure schedules.

To really change the legal services marketplace, in-house and outside counsel need to change the way they work together. If in-house counsel (as a group) will lead and outside firms will consider adopting new expectations and models, increased efficiencies for clients, and sustainable profitability for firms is possible. But someone has to host the dialogue and support your efforts: with tools, benchmarks, new models for service delivery, and networks.

In-house counsel are frequently called on to oversee and manage the “three ring circus” presented by simultaneous shareholder, class action, and derivative lawsuits, SEC and independent internal investigations and even federal and state criminal investigations.

In-house counsel spend an extraordinary amount of time managing their outside legal spend, but law firm costs just keep increasing. Why? Because they can? Because in-house counsel don’t set expectations and manage toward them? Because we refuse to take the risk of trying alternative firms and fees? Because none of us have succeeded in defining the “value” of legal services by any other means than the billable hour? Yes, to all. But there are solutions.

Your Mother always told you to “put your best foot forward.” This experienced panel echoed that advice and told you how to do it. Topics covered include establishing good relationships with your internal clients, outside counsel, and top executives. They also provided pointers on how you can cope with reduced staffing, make sure that you continue to develop and grow in your career, and provided advice that is practical, useful, and actually followed by the business people.

Presented at ACCA?s Annual Meeting 2000; Program - Litigation Management Essentials for Small Law Departments

Materials from ACCA?s 1998 Annual Meeting?s program.

Proper selection of outside counsel is crucial to the success of outside legal work. Learn about the best practices for hiring outside counsel and differences between current approaches.

A presentation on corporate legal ROI.

You have a matter management system. Now what do you do with it? One of the toughest challenges of in-house counsel is to use the available technology to obtain a complete picture of the legal landscape, both within the law department and with its outside counsel. The panelists discussed the latest technologies that provide flexible, sophisticated matter management capabilities.

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