Sentences with phrase «corporate legal budgets»

Tagged with: AFAs alternative fee arrangements corporate legal budgets inside counsel spend property and casualty claims

Corporate legal budgets are being slashed.

Not exact matches

Under pressure from basically an unlimited legal budget Oakhurst settled out of court and removed the advertising tag line... It's like saying our milk comes in glass bottles and the carton manufacturer suing as it infers their product is not safe in waxed cardboard... A sad comment on the power of the corporate lawyer.

Responses to this year's survey indicate that corporate legal departments are also functioning under restricted budgets.

And data continued to increase, and corporate legal departments were finding that their litigation budgets were again falling short.

By picking apart which matters cost the most, or what practice groups spend the least, a corporate legal department can determine how best to allocate their upcoming budget forecast.

In targeting corporate legal departments, Onit Premium adds project - management features designed to help corporate counsel better manage matters and budgets and automate standard processes.

And it's understandable that cost was seen as an obstacle because traditionally in - house legal teams aren't provisioned with much IT budget, and traditionally corporate IT has no special budget for the legal team.

We work with corporate legal departments on legal operations, and by legal operations, I mean technology, process, budgets and staffing for legal teams.

But as for external legal budgets, cities weren't able to cut costs despite efforts such as the Association of Corporate Counsel's Value Challenge.

A new Association of Corporate Counsel (ACC) study indicates corporations today praise their legal department most highly for adhering to budgets, providing strategic counsel to the business, applying innovation to solve business challenges and using management practices to drive greater efficiency.

Corporate legal departments foresee a similar year this year to last, with just over a third of respondents budgeting less than $ 500,000 for legal spend.

This whitepaper explores how, with proper planning and implementation, matter spend budgeting can yield both tactical and strategic value for corporate legal departments.

As part of a broader corporate team, legal departments have to report to C - suite executives on their efficiency, budgets... READ MORE

Even in the commercial context which is the focus of RML, it is not just a passing observation from my own experience, it's something I hear a lot from those that control huge budgets to address corporate legal needs.

BENEFITS: • Improves control over law firm bill review process, including ability to identify trends and gain deeper visibility into law firm spending • Achieves 100 % paperless billing process with law firms, which supports corporate objective of environmental sustainability in business operations • Enables easy collaboration with colleagues inside the company, regardless of where they are located and whether they are travelling • Standardized coding and processing of law firm invoices produces tremendous efficiency gains for legal department • Robust reporting tools allow quick analysis of monthly legal budget across practice areas, easy tracking of matters and more precise assessment of spending by law firm

If corporate counsel want budgets met and costs controlled, they can not continue to demand one thing from their legal service providers and incentivize something entirely else by pure hourly rate engagements.

Unfortunately for those business lawyers that cringe at the thought of being a commodity, the group of corporate overlords at PricewaterhouseCoopers are leading the charge to make temporary in house legal services easier to access for companies with budgets that range from large to larger.

My prediction is that corporate budgets, including those of their legal divisions, will expand, companies will be willing to spend more money asserting and defending their legal rights, and more big - budget and high stakes litigation will result.

For corporate legal or claims departments and law firms, the Real Rate Report provides powerful information and insights to better negotiate rates, develop credible matter budgets and efficient staffing plans, as well as manage legal services effectively.

There is also an expectation that the corporate legal department will act with financial acuity, with the ability to manage its budget effectively.

Corporate legal departments foresee a similar year this year to last, with around 41 per cent of respondents budgeting less than $ 500,000 for legal spend.

Similarly, as an inhouse lawyer, I was never impressed by clumsy attempts at corporate hospitality where I was invited to events that had little professional or personal interest, simply because I was in a particular position with an external legal budget.

In response to harsh economic conditions, the nation's corporate clients have tightened their legal budgets and altered their spending habits.

Corporate legal departments are happy to use enterprise legal management — also known as «practice management» to lawyers of a certain age — for the unsexy stuff: managing invoices from outside counsel, studying legal budgets to see where the dollars go, tracking regulatory enforcement,...

Large companies had started to invest in their internal legal departments and, being tasked to manage budgets, corporate counsel were discussing fixed fees, and legal process outsourcing.

The survey conducted among 191 in - house legal managers by Corporate Counsel magazine on behalf of LexisNexis CounselLink, found that 98 % of US in - house law department executives have been affected by the current economic gloom, while 67 % said they feel pressured to cut spending and 59 % have already seen a reduction in their department budget.

While legal is mission critical, most corporates don't have huge budgets to spend on elite firms.

Corporate law departments under pressure to cut costs may be the main driver behind a revolution in the provision of legal services, but when it comes to innovation they may be hamstrung by their own lack of budgets to pull it off themselves.

• Track record of planning and developing programs, agendas and budgets according to specific requirements for corporate conferences • Hands - on experience in coordinating services for events such as accommodation, transport, facilities and event security • Proficient in producing detailed proposals for conferences, including timelines and legal obligations

Tags for this Online Resume: PMP, WBS, Pert, Critical Path, Use Case, UML, Contract Management, Policy, Project Management Life Cycle, PMLC, SDLC, Risk Management, Stakeholder Management, Change Control, Business Analyst, Budget, Project Manager, Compliance, Legal, Attorney, Lawyer, Contract, Subcontract, Waterfall, Scrum Master, User Story, Vendor Management, Requirements Definition, Corporate Compliance, Mediation, Training Design, Corporate Training, OLAP, Online Training, PMO, Portfolio Management, Adobe Captivate & Articulate, PMBOK, Microsoft FrontPage, LMS, Interwoven Teamsite

Tags for this Online Resume: Employee Relations, Benefits Administration, Legal Compliance, Training, Recruiting, Budgets, EHS Director, Fleet Management, 401k Administrator, Benefits Management, Corporate Compliance, ADP Payroll, Change Management, Strategic Planning, compliance, benefits, analysis, research, safety

Tags for this Online Resume: Marketing and business development including public relations and advertising, Marketing, Business development, Corporate Communications, Planning, Social Media, Legal, Sports, Applications, Budgeting, Buying, Customer Relationship Management, Database, Event Management, Internet, Advertising, Applications, Budgeting, Buying, Customer Relationship Management, Database, Event Management, Internet, Advertising, Applications, Budgeting, Buying, Customer Relationship Management, Database, Event Management, Internet

Professional Duties & Responsibilities Directed manufacturing processes and personnel ensuring profitable operations Consistently recognized and promoted for excellence in management Responsible for team training, supervision, and performance reviews Set budgets, production schedules, and oversaw successful completion of all projects Prioritized team goals across multiple departments and stages of production Designed and implemented measures to cut operational costs and increase efficiency Ensured adherence to all quality controls guaranteeing product excellence Enforced compliance with legal and corporate safety policies and procedures Directed purchasing of high quality and cost effective raw materials Built strong relationships with clients, partners, vendors, and industry leaders Responsible for multimillion dollar inventory and production machinery Skilled in demand planning, MRP, database management, and Microsoft Office Suite Resolved client inquiries in a timely, positive, and professional manner

Paralegal — Duties & Responsibilities Provide excellent legal and administrative support in a fast paced, high intensity law firm environment Perform legal research and document preparation such as affidavits, contracts, and correspondence Discover and analyze applicable case law, statutes, codes, and influential secondary sources Develop experience with civil litigation including employment, contract, real estate, and business law Responsible for pretrial preparation such as exhibit organization and documentation Manage client case files in company electronic filing system resulting in accurate and organized records Monitor and update firm law library with up to date primary and secondary sources Participate in civil, criminal, and administrative mock trials Train in all evidentiary, procedural, and substantive aspects of litigation Proficient in public relations theory, strategy, and comprehensive campaign management Develop and implement communications plans through in depth analysis of client challenges Create brand awareness, corporate identity, logos, signage, special events, and strategic partnerships Oversee company budgets, support staff, contracts, and daily operations

Director of Business — Duties & Responsibilities Recruit and train staff of 30 in hospital policies, procedures, best practices, and corporate branding Design and implement staff development, recognition, and disciplinary policies and procedures Oversee admissions, utilization review, PB X, imaging center, billing, collections, and wound center registrations Set and strictly adhere to departmental budgets and schedules Author and present financial reports concerning revenue, expenses, and outstanding collections Identify performance indicators and benchmarks for integration into reporting systems Conduct surveys regarding patient / staff satisfaction, benchmarks, accreditation, and employee benefits Maintain a 99 % patient satisfaction score through attentive and professional standards of care Negotiate contracts and claims with insurance carriers, Medicare, Medicaid, and other payer sources Increase revenue by 30 % through effective contract renegotiation with suppliers, carriers, and other parties Implement policies, procedures, and equipment to cut hospital costs while enhancing patient care Utilize strong management experience to drive operations in an efficient and professional manner Develop and implement billing controls, cash processing measures, lockboxes, and other financial processes Coordinate and oversee internal and external audits ensuring compliance with industry and legal standards Recruit physicians through successful marketing, networking, and other tactics Implement automated Chargemaster financial application (Craneware) and maintain patient accounts Responsible for HCAHPS and the yearly Quality Assurance Plan Appeal claims when appropriate resulting in $ 400,000 reimbursement from PPO insurance over the last year Build and strengthen professional relationship with community leaders, coworkers, and industry figures Consistently promoted for excellence in financial management, team leadership, and dedication to mission Develop working knowledge of hospital operations from patient admission to senior level strategic planning Represent company with poise, integrity, and positivity

Professional Experience Harburg Freudenberger — A Subsidiary of The Possehl Group (Topeka, KS) 2005 — Present Director of Finance • Plan and direct corporate finance, human resources, legal compliance, and business development • Responsible for accounting, budgeting, forecasts, cash and credit management, and P&L statements • Manage HR including 401 (k) plans, staff development programs, benefit and payroll administration • Design and implement business development plans for sales and marketing departments • Build and strengthen professional relationships with investors and banking leaders • Examine business model and lead organizational reengineering to enhance company efficiency • Oversee strategic planning and project cost management for new company initiatives • Ensure legal compliance and due diligence in all mergers and acquisitions