, the Association of Corporate Counsel and the Practical Law Company «What is the single most innovative practice proposed or
used by your outside counsel in the last twelve months?»
Forty five Chief Legal Officers located in Europe were asked by Altman Weil, the Association of Corporate Counsel and the Practical Law Company «What is the single most innovative practice proposed or
used by your outside counsel in the last twelve months?»
Not exact matches
Democrats want to
use $ 35 million in bond premiums — essentially money generated
by borrowing more than needed at higher interest rates — and cutting police overtime
by reopening two closed police precincts and reducing the
use of
outside counsel.
These proposals include tough new anti-bribery and anti-corruption laws, a test of public financing of elections at the state level
using the 2014 Comptroller's race, the establishment of an independent enforcement
counsel at the Board of Elections, increased transparency of political contributors to independent expenditure committees and disclosure of the
outside clients or customers of State Legislators who had been referred
by registered lobbyists.
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.
A corporate legal department can save that amount each lawsuit just on this initial phase of discovery
by utilizing LegalMation themselves or retaining
outside counsel that
uses LegalMation.
Other recent reports and survey
by consultant / polling companies further show that U.S. corporate
counsel are paring down the number of
outside counsel used and are consolidating their
outside counsel into «hubs» which work together to provide services to the client corporation.
I can't imagine that Thomas Vinje (again, he's Oracle's
outside counsel for EU antitrust matters) would want Java to be excluded from
use by European governments under the terms of the EIF.
Industries that
use and depend on legal services can make both quantitative and qualitative assessments about such things as the value added
by outside counsel.
The rankings are determined based on searches public records to find
outside counsel used by the Fortune 500 across seven key litigation areas.
Interestingly, 36 % said the catalyst for the
use of an AFA was a mutual effort between inside and
outside counsel, though 60 % say such negotiations were initiated
by the corporate legal department.
In addition to the issues mentioned above, the SRA Report also discusses the practice of clients
using Outside Counsel Guidelines (i.e. «detailed, mandatory sets of terms and conditions» imposed
by clients on the signing of a retainer).
In a recent talk, Lolita Chavez, co-ordinator of the K'iche People's
Counsel, an indigenous human rights defender from Guatemala, spoke about how the law is
used to wear people down,
outside of the eye of the cameras,
by creating false claims which must be answered and require money activists don't have.
I believe that as in - house
counsel learn the value of modern business tools and methods designed to increase efficiency and effectiveness; such as project management, knowledge management, business intelligence, and so on; they will increasingly demand
use of those same tools and methods
by their favoured
outside counsel.
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.
What these GCs are finding is a better way to optimize their departmental budgets
by engaging
outside counsel using value - based pricing, rather than the customary hourly rate.
Key Metric # 2: Law Firm Consolidation — Number of Legal Vendors
Used by Corporations 55 % of companies in the data pool have 10 firms or fewer accounting for at least 80 % of
outside counsel fees Based on trailing 12 - months ending June 30, 2015
Once a business chooses a technology, implementation can prove difficult, and it often requires a multidisciplinary approach as Mike McQueeney, in - house
counsel at Pearson, explains with two examples: The first focused on e-billing technology that he and his team «implemented
by first lining up our policies and
using our
outside counsels» guidelines.»
Legal spend management is a widely
used term
by both inside and
outside counsel, and other players within the industry.
In essence, the legal department now
uses a systematic, closed - loop process
by which to measure
outside counsel partners and makes direct comparisons on matter pricing.
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.
It also provides a transparent process for the
use of
outside counsel contracts
by the state.
Used properly, therefore, a budget may facilitate management
by the client and
outside counsel of any significant matter, and it should reduce misunderstandings and surprises and thus enhance the relationship between the client and
outside counsel.
Key Metric # 2: Law Firm Consolidation — Number of Legal Vendors
Used by Corporations 54 % of companies in the data pool have 10 firms or fewer accounting for at least 80 % of
outside counsel fees Based on trailing 12 - months ending December 31, 2013
Key Metric # 2: Law Firm Consolidation — Number of Legal Vendors
Used by Corporations 51 % of companies in the data pool have 10 firms or fewer accounting for at least 80 % of
outside counsel fees Based on trailing 12 months ending December 31, 2014
A report released last month
by ALM Legal Intelligence in the U.S. showed more corporate clients were
using AFAs in 2012 to determine how to pay
outside counsel.
Qadeer effectively tackled this challenge
by using outside counsel as partners,
by networking and sharing extensively with other GCs, and
by joining industry groups and CLO groups for knowledge sharing.
No, recording of an appointment or any communication with a RAV staff member
by a client
outside the Online
Counselling Service
using any form of electronic device is not permitted, unless there are special circumstances approved in writing
by the counsellor, and also the prior knowledge and consent of all persons being recorded.