Those will be
handled by outside counsel or qualified compliance people within the company.»
Consider using a third party hosted database or application service provider (ASP) if there are any anticipated limitations on the amount of data that can be
handled by outside counsel or if access by multiple firms or companies is required.
Even if your legal department is primarily tasked with managing large number of matters
handled by outside counsel, the efficient use of LegalMation by your outside counsel can dramatically lower billable hours on key litigation tasks, providing direct - to - the - bottom - line savings for your company.
Not exact matches
All the arrangements relating to the allocation of the Fearnow Shares to the Fearnow Share Recipients were
handled by Shkreli and Retrophin's then
outside counsel, which negotiated the documents necessary to make the shares freely tradable in the hands of the
The benefits for corporations are clear: in - house
counsel can
handle matters directly and save money
by not paying
outside -
counsel rates.
Although routine matters can often be
handled by in - house
counsel, an
outside firm should ordinarily conduct the investigation where the potential misconduct could produce significant adverse legal or commercial consequences for the company.
Corporate law departments were once allowed to function passively,
handling matters brought to them
by their internal clients and working with
outside counsel with little oversight
by corporate management.
My thesis was (and remains) that certain inside functions could be
handled better
by outside counsel on a fixed fee that would be competitive with or less than the cost of the inside lawyer).
Securing
outside counsel for the attorney prevents possible conflicts of interest for the firm in trying to
handle the ethics complaint in - house and shows the attorney that will support them
by hiring independent
counsel.