Matrix describing fee structures, providing examples of each, and explaining when the structure is ideal.
This article includes the ten best practices and tips for evaluating an LPO provider.
In this brief overview, in-house counsel can learn how they can leverage their company's position in a competitive client market to gain a better agreement with outside counsel in the United States.
This article examines the model shift the legal industry is going through with regard to LPO.
As corporations continue to focus on cost reduction and increased efficiency, a second wave of strategic initiatives has brought value back into the limelight. Legal departments and firms should work together to implement new practices that are mutually beneficial. You have two choices: Ride the wave or wait for it to crash down on top of you.
In today’s competitive global economy, in-house counsel are under constant pressure to deliver increased value to the client. This InfoPAK addresses a variety of methods for increasing value by improving relationships with outside counsel. It begins by outlining the steps that in-house counsel should take before retaining outside counsel, including setting goals and defining value, creating a strategic plan, and structuring operations to achieve success. The InfoPAK then examines the steps to take after a matter requiring outside counsel arises, including determining the scope of work required, choosing the right firm and fee-structure to maximize value to the client, managing the matter as it progresses, and evaluating performance once the matter is resolved.
This chart provides several examples of common provisions in retention agreements. The types of provisions provided include those related to billing, budget and associated reports, staffing, rates, billing formats, communication, roles and responsibilities, and limits on costs.
This brief resource (Quick Counsel) discusses how legal research technology is transforming the practice of law for in-house counsel and how technological advancements are saving law departments money.
An article discussing the 'unbundling' of tasks in a legal department and how to assure that said tasks are assigned to the right source.
This article contains ten best practices, from a litigator's perspective, that may help reduce the risk of litigation and/or a company's potential exposure if an unhappy shareholder or potential merger partner files suit.