Not exact matches
As a result, Eric Hatfield, from RIA Hatfield Insurance and Financial Services in Sherman Oaks, California, said his
firm now will not adapt the paperwork that its
outside law firm had drafted to be
used when the DOL rule takes effect but will continue to work on behalf of the best interests of its clients as always.
Assembly Speaker Sheldon Silver
used his office to mask millions of dollars in «bribes and kickbacks» as legitimate
outside income from two private
law firms over more than a decade, according to a bombshell 35 - page criminal complaint filed by U.S. Attorney Preet Bharara today.
A source said the Senate
uses a
law firm, Kraus & Zuchlewski, as an
outside counsel to investigate formal sexual harassment complaints and act upon the recommendations accordingly.
The new rules stem from the arrest of the former Assembly Speaker, Sheldon Silver, who is accused of
using his
outside employment at two private
law firms to illegally net millions of dollars.
The indictment said that while Silver claimed the
outside income was from clients at
law firms, the speaker never represented any clients, but rather referred business to the two
firms, collected referral fees and
used his power as speaker to help a doctor and two developers get what they wanted from Albany.
If the lawyer acts for clients who are prevented from storing data
outside of Canada, this will be a very important consideration when thinking about the
law firm's
use of cloud resources.
A lawyer should disclose to their clients that they
use cloud computing resources and that the client's data may be stored
outside of Canada, preferably by incorporating this into the
law firm's retainer agreement.
Similar to most of
Outside GC's venture - backed clients, Prelert had an existing relationship with a traditional
law firm, but the company understood that
using them for a high volume of contract work would not be cost - effective or efficient.
The AXA executive's speech preached a «new paradigm» for
using outside counsel, which he delicately suggested will «affect
law firm profitability.»
And in 2008, 38 percent of companies
used firms outside of Am
Law 200, an increase over the 25 percent that went
outside in 2007.
The scale tipped in their favor and they
used their influence to drive the behavior of their
outside counsel, resulting in significant changes — e.g., the
law firm willingness to adopt other billing practices in addition to the billable hour.
Clearly, when
outside counsel start to evaluate
law performance and effectiveness,
firms that
use technology effectively will come out ahead.»
On numerous occasions, our lawyers have served as local counsel to out - of - town developers and
law firms representing
outside interests in local zoning and land
use matters.
Jared previously wrote this guide «Offline Networking:
Using Referrals to Grow Your Practice,» which you can download for free as well if you are interested in learning some tips about marketing your
law firm outside of online channels.
Similarly, restraints on
using outside counsel have not only forced corporate counsel to do more with less, but also put pressure on private
law firms to contain fees.
RFPs help clients narrow the number of
outside counsel
used, control costs and outline key considerations of a relationship between the client and its
law firm.
Even where the
Firm is providing advice about the operation of the
law on debt collection in a province
outside of Ontario, the privacy
law applicable to the collection,
use and disclosure of personal information by the
Firm is the
law in effect in Ontario at the relevant time.
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
CPA Global lawyers in India support the work of in - house lawyers, and
outside law firms engaged by Rio Tinto are expected to
use CPA Global lawyers in India and elsewhere for work that can be done by lower cost lawyers.
Most
firms that place a premium on revenue from partners» personal production find that partners tend to hold their client relationships too close to their vests; they frequently hoard client work rather than spread it around to other partners — because the former wants to receive full credit; partners perform work that could be performed by associates because the former wants to receive full credit; partners do billable work when their higher and better
use for the
law firm is to generate additional business from existing and potential clients; and lawyers may perform work
outside of their principle areas of expertise that others in the
firm could perform more effectively and efficiently.
While spending on
outside law firms decreased from $ 2.9 million to $ 2.8 million from 2012 to 2013, the number of
law firms used to handle class actions increased from three to four during this same period.
We
use this information to help us make smarter decisions about how we assign matters to
outside counsel and we also share it with our
law firm partners in order to help them find ways of doing things more efficiently.»
BENEFITS: • Achievement of 17 % cost savings in their legal department spending since implementing CounselLink ® • Ability to make smarter decisions about how they assign matters to
outside counsel, with the
use of valuable data for tracking and analyzing the performance of Fred Loya's law firms • Delivery of reports that keep everyone accountable for litigation vs. settlement decisions, time management and other legal spending considerations • Outstanding, ongoing technical support and customer service from LexisNexis • Reliance on this central matter management system for the legal department provides a hub for tracking all matters throughout their lifecycle • Use of the Law Firm Registry feature has become a powerful tool for helping Fred Loya quickly establish working relationships with qualified law firms in particular venues where they have specific ne
use of valuable data for tracking and analyzing the performance of Fred Loya's
law firms • Delivery of reports that keep everyone accountable for litigation vs. settlement decisions, time management and other legal spending considerations • Outstanding, ongoing technical support and customer service from LexisNexis • Reliance on this central matter management system for the legal department provides a hub for tracking all matters throughout their lifecycle • Use of the Law Firm Registry feature has become a powerful tool for helping Fred Loya quickly establish working relationships with qualified law firms in particular venues where they have specific ne
law firms • Delivery of reports that keep everyone accountable for litigation vs. settlement decisions, time management and other legal spending considerations • Outstanding, ongoing technical support and customer service from LexisNexis • Reliance on this central matter management system for the legal department provides a hub for tracking all matters throughout their lifecycle •
Use of the Law Firm Registry feature has become a powerful tool for helping Fred Loya quickly establish working relationships with qualified law firms in particular venues where they have specific ne
Use of the
Law Firm Registry feature has become a powerful tool for helping Fred Loya quickly establish working relationships with qualified law firms in particular venues where they have specific ne
Law Firm Registry feature has become a powerful tool for helping Fred Loya quickly establish working relationships with qualified
law firms in particular venues where they have specific ne
law firms in particular venues where they have specific needs
Businesses of all stripes
use applications and data storage
outside their own (fire) walls, and
law firms are no exception.
Despite the lag in growth for
outside counsel spending, savvy
law firms can
use this trend to their advantage.
Corporate
law departments report that they are re-negotiating
outside counsel fees, shifting work to lower - priced
law firms, increasing in - house capacity, opting for alternative service providers and
using new technology — all to develop a more cost - effective legal services model.
Tipping Point C includes such viral trends as convergence programs (in which the number of
outside counsel an organization employs is examined and often sharply reduced, and in which
firms compete for preferred provider status) and broader
use of Requests for Proposals (RFPs) to structure bidding from
law firms for various kinds of work.
On a project or retainer basis, we
use our 8 years of success with AFAs to help companies and
law firms maximize their success with AFAs, including helping them craft or structure AFAs for certain matters or portfolios, advising about appropriate staffing and cost considerations, to training
outside counsel on how to implement AFAs effectively.
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
Knowledge of industry benchmarks — such as typical rates for particular kinds of work or average
outside counsel spend when AFAs are in
use in a given practice area — give
law firms a basis for valuing the services offered to clients.
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
In the spirit of Jeff Carr's recent letter reproduced on The Dialogue to
outside counsel on delivering value with integrity, Silvia
uses two emails, one from a CFO to the Legal Department, and the other from the CMO of a major
law firm on the panel to the Head of the Corporate Practice.
«A
law firm using a virtual private network, a virtual desktop tool like GoToMyPC, or even a personal cloud tool like Tonido, could leave their files and data on their internal computers and access them from
outside their office,» he says.
Additional practices include: outsourcing document review,
using contract lawyers, implementing practices for managing
outside counsel performance, implementing a commitment to diversity that extends to external
law firms, and sending work to legal process outsourcers.
Corporate
law departments report that they are re-negotiating
outside counsel fees, shifting work to lower - priced
law firms, increasing in - house capacity, opting for alternative service providers and
using new technology — all to... [more]
In 2007, United Technologies» general counsel created a program to discourage its hundreds of
outside law firms from
using hourly rates, and over the past five years the company has significantly increased its
use of non-hourly fees, Greenspan said.