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Monthly Archives: June 2012
Legal expense management news for June 29, 2012
How hard is it to find good outside counsel overseas? Study finds that 45% of companies end up firing their international law firms. Communication, billing and conflicts issues top the list of reasons. (You can download the report here.) “The … Continue reading
More on the intersection of LPM and AFA’s – tools for better budgeting and predictability
At the risk of overdoing the TLA’s (three letter acronyms) – this article on the Massachusetts Bar Association’s website provides useful guidance on the connections between LPM and AFA’s – specifically, how to use “war stories” to generate better fee … Continue reading
Legal expense management news for June 22, 2012
Fixed-price legal services operation prepares to expand to Asia and beyond. Demonstrating the high value that clients place on predictability, a “particularly popular option has been the firm’s annual contract, which puts a fixed fee on all the clients’ legal … Continue reading
Legal expense management news for June 15, 2012
Aussie-Sino merger update – firm leaders describe their plans to “go big on efficiency and project management…” New company to offer suite of advisory services for start-ups. Their website has more information on their package pricing for a set of … Continue reading
Legal expense management news for June 8, 2012
BigLaw bankruptcy experts unite! Lawyers oppose U.S. Trustees Program’s push for more detailed fee applications in big bankruptcy cases. Go here for the proposed guidelines. Eight characteristics of successful in-house leaders. I found “mischievous” especially interesting. Just when GC’s and … Continue reading
Legal expense management news for June 1, 2012
With e-discovery costs continuing to devour bigger and bigger chunks of legal budgets, you may want to check out this article addressing cases that “help shape how lawyers conduct and pay for e-discovery…” BigLaw’s fixed fee arm set to open … Continue reading