Sentences with phrase «reduce legal expenses»

Either way, the Creditor Collections Group uses innovative and collaborative fee structures with its clients in order to help reduce legal expenses and maximize our clients» total net recovery.

It is the ability to think about the value they're providing and communicate what they're doing to reduce legal expenses or drive better legal outcomes or, even better, both.

«We're under tremendous pressure from management to hold the line or reduce legal expenses,» one in - house respondent said, «but firms often seem oblivious to this and just assume a 3 to 5 percent increase in rates is not an issue — IT IS!»

Let's look at some ways in - house counsel can reduce legal expenses by delegating relatively minor legal tasks to non-attorney employees.

By lightening court procedures and formalities and thus reducing legal expenses and waiting times, small claims divisions aim to make legal proceedings more accessible to citizens who make more modest monetary claims.

Not exact matches

The bank's profits dropped 3.1 %, to $ 5.4 billion from $ 5.6 billion, with that difference in net income due to legal expenses, debt charges and $ 15 billion in stock buybacks that reduced the bank's outstanding shares by 4 %.

Our net asset value will be reduced by potential losses from the Ontario Securities Commission (OSC) case, legal expenses, and ongoing administrative costs.

If I am elected I will work to reduce overhead by urging the new CEO and Board to reduce overhead by at least five million dollars per year by working to implement lower convention, travel, lease, legal, and compensation expenses.

She knows the company inside and out, always aiming to reduce risk, expense, and exposure posed by looming legal issues.

While delegating legal work may seem like an efficient solution for reducing your company's legal expenses, it is important to remember that state ethics rules govern the delegation of legal work to non-legal employees.

By taking legal action against the driver who was texting at the time of your accident, it may be possible for you to receive monetary damages to pay for all of your medical expenses and your lost income and reduced future earning power, as well as compensation for your pain, suffering and emotional distress.

The business litigation attorneys at our Fort Lauderdale law firm take a team approach in which attorneys, paralegals and legal assistants at the appropriate experience levels are utilized in concert with the most advanced technical resources and facilities to promote effectiveness and efficiency and reduce client expenses.

In theory, the firm would use its retained earnings (monies left over after payment of salaries and other expenses) to invest in innovations that re-invent how services are delivered (taking off the pressure lawyers have to chase billable hours), which in turn would reduce prices — or the firm would invest in legal services that can be done without lawyers, thereby creating an additional income stream.

Increasingly, many Legal Operations professionals are looking to leverage technology to reduce litigation expenses.

Since then, margins have shrunk because expenses continue to rise, while revenue has flatlined or fallen thanks to reduced demand for legal services.

Also though some costs related to travel will be an extra expenses incurred by us in defending you we attempt to offer reduced legal fees to our out of town clients in order to adjust the extra cost associated with long - distance travel.

The goal is to reduce the number of core firms it works with and lower the outgoing legal expenses.

While many law firms have made attempts to incorporate such cost - saving measures as alternative - fee arrangements, there are a number of other creative tactics law firms can take to reduce expenses to drive down the cost of legal services.

Tracking legal holds — along with e-discovery activities later in the EDRM such as document review — can be accomplished with software, reducing both risk and expense.

Financial Obligations: A legal separation often involves the disclosure of financial obligations that can be divided to reduce the risk of credit issues and unforeseen expenses.

One such innovation to reduce the financial risk of litigation is through Legal Expense Insurance.

Any GC who manages legal spend is aware of the impact that litigation has on their company's balance sheet, as legal expenses paid by a company are immediately recorded as expenses, thus reducing earnings.

This means that attorneys may lose an opportunity for additional billable hours attributable to support staff when hiring outsourced workers since they can not charge hourly paralegal fees to clients, but virtual workers and legal process outsourcers can still help attorneys save money by giving attorneys more time to add billable hours for actual legal work and reduce overhead costs and employment expenses.

While Mississippi boat insurance can not eliminate boating accidents or deaths, it may reduce the pain and expense of liability legal action or repairs.

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

Scientist / Lab Supervisor • Oversaw team activities including quality control, batch release, and legal compliance • Responsible for team training, work assignments, and overall product development • Developed training materials which cut training time by 50 % while increasing efficacy • Directed investigations regarding corrective actions and preventative actions • Restructured testing process reducing testing time and expense by 50 % • Conducted internal audits to ensure professional and efficient operations • Authored IQ, OQ, and PQ plans, protocols, methods, and summary reports • Reduced batch cycle time from 6 months to 4 weeks by creating of cross functional team • Motivated team members resulting in company loyalty and increased productivity

ING US Financial Services (Atlanta, GA) 5/2006 — 2/2009 Six Sigma Black Belt • Responsible for identifying, defining, and implementing continuous improvement (Six Sigma) projects • Communicated quality management tools and methodologies to project teams • Established and directed process improvement group reporting process • Cut annual process budget by 20 % by reducing testing / production errors through process standardization • Saved $ 350K of annual business contract production costs through vendor consolidation and elimination of manual product assembly • Identified $ 2 million in potential annual savings by developing a check processing distribution strategy • Reduced annual expenses by $ 1.7 million through cost avoidance by optimal vendor selection processes • Minimized business risk and legal mitigations by tracking / confirming contract delivery to clients and standardizing marketing forms practices and control measures • Mentored Green Belts and team members on their roles and responsibilities