Sentences with phrase «billed by their outside counsel»

Not exact matches

Led by the Association of Corporate Counsel's «ACC Value Challenge,» corporate America is increasingly demanding that their outside law firms abandon the entrenched, historic, «cost - plus,» «billable hour» economic pricing model in favor of «Alternative Fee Arrangements» («AFAs») and other «value billing» approaches (e.g., non-hourly pricing arrangements such as «fixed fee,» «contingency,» or «hybrid» fee arrangements).
The bill, by the way, would authorize the contract review board to hire its own outside counsel to advise it in its work reviewing other outside counsel.
«[T] he time spent by the attorneys in these communications with in - house counsel may not be billed or charged to any outside client;» and
We will discuss how to bill for value under the hourly billing model in Part II, Chapter 8, as well as briefly address varying alternative billing models that can be employed to better align value with the legal services provided by outside counsel.
Under the profit - oriented billing model, outside counsel's billings are driven less by the value provided to clients and are more a product of growing the firm's bottom line.
Hosted by Elevate, this panel examines how AI is being used in areas of «managing legal» such as analytics, outside counsel selection, legal project management and legal bill review.
Our Outside Counsel Guidelines Review is a limited engagement service that centers around three documents commonly issued by legal organizations that retain legal vendors: Outside Counsel Guidelines, Billing Requirements and Litigation Management Guidelines.
By adding codes to time entries it is possible for receiving systems to electronically test invoice submissions, allowing for consistent enforcement of a law department's outside counsel billing guidelines and alleviating some of the burden on bill reviewers.
Dolin noted that Google has a dashboard that allows its legal counsel to monitor the billing codes being generated by outside law firms.
Instead of challenging many of the fees and expenses billed by the outside legal firms, Toothman wrote: «Amtrak's Law Department acts as though its job is to defend outside counsel, not manage them.
The Chasm Group, LLC and Chasm Institute, LLC (San Bruno, CA) 1997 — 2008 Business Operations Manager • Managed all daily operational tasks for leading multi-million dollar high - tech market strategy consultancy, while providing executive administration to C - level executives and venture capital partners • Developed and managed the firm's annual budget, proposing and implementing expense cuts, producing monthly reports and financial statements, and coordinating with CPA firm for accurate and timely filings • Oversaw all client relationship management efforts while cultivating new business efforts from concept to implementation, providing high - quality service in sales efforts while utilizing new lead tracking system • Negotiated and managed all contracts, stock grants, and financing arrangements, working closely with outside counsel to draft legal documents and resolve LLC - and proprietary - related issues • Led three office space build - outs and two office relocations, managing all aspects of each process under aggressive timeline and budget expectations • Reduced firm telecom expenses by 22 % by streamlining IT objectives, including migration to VOIP phone system, software / hardware purchases, domain renewals, and outsourced technical support • Directed all phases of staff recruitment while creating and implementing all HR policies and programs, including comprehensive employee benefits plans • Supervised multiple administrative staff members, conducted performance appraisals and wage / salary surveys in comparison to incentive program guidelines, and maintained HR files in accordance with legal mandates • Produced all out - going client invoices in an accurate and timely fashion to increase, cash flow and reduce aging receivables, providing consistent attention to overhead costs and vendor arrangements • Administered all company insurance policies, including E&O, general liability, bonds, partner life and disability, conducting annual benefits reviews and employee / company insurance audits • Obtained necessary certificates for consulting contracts while processing federal, state, and local business reporting requirements to maintain licenses and incorporation status • Directed all marketing efforts and oversaw logistical aspects of national educational workshop series, utilizing sponsorship arrangements to offset production costs • Transformed «brochure» website into a dynamic tool to better illustrate company opportunities through relevant case studies, as well as maintaining all other promotional media, including press kits and video Association of California School Administrators (Burlingame, CA) 1993 — 1997 Issues and Planning Committee Coordinator • Executed all phases of event planning and implementation for a membership - driven organization including 23 state committees, 5 task forces, 6 strategic planning conferences, and a conference of 1,500 attendees • Focused on facility evaluations, bid requests, site visits, contract negotiations, and all pre - and post-conference planning processes • Produced statistical and financial reports, including budget projections and cost monitoring for developmental training efforts • Oversaw all participant - level responsibilities, including inquiries, eligibility, registration, correspondence, and billing statements • Managed all legal professional standards calls for Northern California regions, including the processing of attorney authorizations, the preparation of legal assistance letters, and liens on cause of action • Served as second point of contact for computer inquiries and troubleshooting efforts as well as provided back - up executive administrative support for Executive Director, Committee Chairs, and the State Superintendent of Public Instruction • Held responsibility for software installation and hardware configuration while performing weekly AS / 400 backup and report generation
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