The portion of your organization's
legal budget going to outside counsel should be paying for what they are best at: developing and executing a strategy that leads to a positive outcome in a particular lawsuit and defending you in court if a case is not dismissed or a settlement reached.
Not exact matches
A look at a
budget filed with the court shows that in addition to the mundane cost of keeping the lights on at an office and paying healthcare costs, roughly half of this money will
go to the ongoing
legal costs of both the company's bankruptcy proceedings and its work on the Section 201 case.
NEW YORK (Reuters)- Half of the money spent so far from New York state's $ 10 billion in
legal settlement windfall has
gone to support the state
budget rather than the capital projects for which it should be used, the state's chief fiscal watchdog said on Friday.
Half of the money spent so far from New York state's $ 10 billion in
legal settlement windfall has
gone to support the state
budget rather than the capital projects for which it should be used, state Comptroller Tom DiNapoli said.
The massive wheel — adjacent to the St. George Ferry Terminal on Richmond Terrace — has hit several snags during construction including
going nearly $ 300 million over
budget and being embattled in a
legal fight with two early investors.
«If it was legalized in Jersey and it was
legal in Massachusetts and the federal government allowed it to
go ahead, what would that do to New York because it's right in the middle,» he announced during his
budget address.
At today's public protection
budget hearing, a fairly stark Republican - Democrat debate formed over whether, facing a 2 percent cap, additional court funding should
go to judicial raises or an increase in civil
legal services, which helps the poor get
legal representation in court.
City Council Speaker Melissa Mark - Viverito agrees with
Legal Aid and that's
going to be a point of contention in her negotiations with Mayor de Blasio over the
budget.
The Dream Act provisions stalled, but the IDC touted $ 10 million in the
budget that will
go to non-profit groups which provide
legal services to undocumented immigrants.
The reality of compliance training for most organizations
goes something like this:
Legal responsibilities and regulatory requirements continue to increase,
budgets shrink, and seat time pressures rise — not quite the formula for a winning training solution.
In an interview with Buzzfeed, the chair of the Justice Select Committee, Conservative MP Bob Neill, said that «
budget pressures» and an «unwillingness to listen to professionals» meant changes to
legal aid were rushed through Parliament and
went too far.
Over the past two years,
budgets for in - house
legal departments have
gone up by more than 20 percent — and that is not counting the costs of litigation.
His extended note begins, «A possible explanation for the lower profits per partner in the U.K. is that clients in the U.K. are more sophisticated, demanding, less willing to pay high rates, and more insistent on
budgets... If U.K. companies spend less proportionally on
legal fees, there's less money to
go round...»
Some of the key points raised included the importance of keeping clients updated on
legal or industry developments, keeping clients informed about their
budget expectations (especially if expected to
go over a proposed
budget) and, most importantly, provide clients with information they need before they even ask for it or know they need it.
My organisation, the
Legal Services Commission (LSC) is working within a fixed
budget, and that's not
going to change.
This would make sense if you were
going to stay living together and didn't have
legal bills — but you are probably in the process of separating (if you haven't already) and therefore your
budget now is
going to be completely different than it was.
Below is a list of common public myths about
legal retainers — and suggestions as to how you might
go about finding the kind of professional
legal assistance that works best for you and your
budget.
As Nick Cerminaro, director of
legal services at Bombardier Inc. noted,
budgeting isn't always about saving money, it's about how much it's
going to cost and having predictability that is followed through.
There were a couple of things that I thought, and I think that it was striking that to see that
legal technology
budgets continue to
go up.
I know when we started people said, we don't have the
budget for
legal analytics, like where is the money
going to come from.
I do this because law
budgets almost never
go down — while the
legal system's demands skyrocket.
As B2B content marketing
budgets are slated to increase over the next year and the law firm public relations remains a necessary initiative for every firm,
legal marketers are
going to have to continue to give thought to how these two efforts overlap and work together to maximize effectiveness and efficiencies.
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,...
A small company on a tight
budget is
going to want to have the best
legal representation available to them no differently than a fortune 500 hundred company that spends millions of dollars annually on
legal fees.
As Connie points out, a firm that spends a couple hundred on
legal dictionaries isn't
going to increase their
budget to thousands just because we are now able to tether a digital copy to a smart phone.
«I think sometimes external counsel don't realize that we're being held to a
budget and when I blow my
budget I have to
go tell the business people I didn't manage the
legal risk effectively.
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