Outside Counsel
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BigLaw partners hand over work to keep costs down, analysis shows
The bigger the firm, the smaller the percentage of partner work in the blended hourly rate, a review by Brightflag and Priori says.
By Robert Freedman • Oct. 22, 2024 -
Q&A
Politics in the workplace can become a nightmare for employers
Employers and HR teams must contend with a polarized electorate — also known as their employees — as the November U.S. election nears.
By Justin Bachman • Oct. 11, 2024 -
Can this marriage work? Legal tips for corporate M&A
Due diligence comes in many forms. The legal team’s assessment of the seller’s business problems has a big impact on the buyer’s decision to proceed or walk away.
By Justin Bachman • Oct. 10, 2024 -
Legal AI sees wide adoption but most teams unprepared for talent impact: survey
In-house counsel expect process efficiencies and cost savings but a majority say their companies aren’t ready for the change effects, ACC survey finds.
By Justin Bachman • Oct. 7, 2024 -
By looking elsewhere, companies send big law a message
Corporate clients are downsizing their panels, using more mid-sized firms and trying to do more in-house to cut costs and align work with their goals, a survey finds.
By Robert Freedman • Oct. 7, 2024 -
Conducting due diligence for true-crime shows like ‘Telemarketers’
Personal rights create a challenge for the legal team helping filmmakers get buy-in from insurers, distributors.
By Robert Freedman • Sept. 19, 2024 -
Opinion
Hire the talent and not the firm: An alternative model for legal services
By working with an independent project manager, GCs can access legal talent that won’t face constraints in time, motivation and expertise that can impede the success of outside counsel engagement.
By Jonathan Baum • Aug. 6, 2024 -
How big firms are trying to keep lawyers from burning out
Resource management efforts seek to match lawyers’ skills with legal matters and divide work more equitably, while treating career development as a crucial DEI element.
By Justin Bachman • July 24, 2024 -
Labor Department, challengers argue over ESG rule’s tiebreaker standard post-Chevron
A lawyer for the agency said he believes “the logic of the District Court's opinion would produce the same result” under the Loper Bright ruling.
By Lamar Johnson • Updated July 10, 2024 -
AI software use growing among in-house legal departments: report
Artificial intelligence remains a small newcomer in the legal tech toolbox but ‘dramatic growth’ is forecast, according to an in-house counsel survey.
By Justin Bachman • June 27, 2024 -
How a third-party auditor helps GCs lower outside counsel spend
In one business model, the service is said to be effectively free because the fee comes out of the savings that are generated.
By Robert Freedman • June 10, 2024 -
Company touts live bidding process to reduce outside counsel spend
By giving law firms a chance to adjust their proposals, legal teams can engage litigation or transaction work at a lower cost than initially proposed, a white paper says.
By Robert Freedman • May 30, 2024 -
Sponsored by Broadridge Financial Solutions
Taking the pulse on the IPO landscape: Part 2
Revisiting a conversation between Broadridge’s Jennifer Flynn and Cooley’s Yvan-Claude Pierre.
May 6, 2024 -
Sponsored by Broadridge Financial Solutions
Taking the pulse on the IPO landscape: Part 1
A conversation between Broadridge’s Jennifer Flynn and Cooley’s Yvan-Claude Pierre.
April 29, 2024 -
GCs urged to act before employees become whistleblowers
By shifting the burden to employers, the Supreme Court’s Murray v. UBS ruling makes it crucial that executives not let employees feel ignored when they report concerns.
By David Weisenfeld • Feb. 23, 2024 -
61% of organizations faced regulatory proceedings in 2023, report finds
Survey respondents said state and federal regulatory changes are contributing to fears about increased exposure to regulatory disputes, according to Norton Rose Fulbright.
By Lyle Moran • Feb. 13, 2024 -
Law firms raised rates 6.5% to close 2023, report finds
Outside counsel also reduced their growth in expenses, which helped firms achieve profitability last year, according to Thomson Reuters.
By Lyle Moran • Feb. 12, 2024 -
Nearly 70% of law firm professionals use legal analytics
An expectation from clients that law firms use analytics tools is helping drive adoption, a LexisNexis and Lex Machina report found.
By Lyle Moran • Feb. 7, 2024 -
Data breach class actions are on the rise, report finds
The data breach cases also presented difficulties for the courts around issues of standing and uninjured class members, the Duane Morris report found.
By Lyle Moran • Feb. 6, 2024 -
42% of legal teams face cost-cutting mandates, ACC survey finds
One way many legal departments are aiming to reduce spending is by improving the efficiency of their operations.
By Lyle Moran • Jan. 30, 2024 -
2024 in-house legal outlook series: GCs, CLOs ready for hard decisions
Legal leaders look at practical generative AI use cases and get tough on outside counsel spend, among other priorities this year.
By Lyle Moran and Robert Freedman • Jan. 29, 2024 -
Outside counsel management is a growing focus for in-house legal teams
An emphasis on cost control is prompting legal departments to scrutinize law firm rate requests and examine shifting work to other providers who cost less.
By Lyle Moran • Jan. 29, 2024 -
Law firm security breaches are fairly common, survey finds
The tech decision-makers surveyed said improved training and technology would help their law firms become better prepared to address cybersecurity threats.
By Lyle Moran • Jan. 22, 2024 -
Opinion
A CLO’s GenAI prediction: We’ll lean into it — and our humanity
A human-centric, converged approach to harnessing new technology is what will truly make 2024 in-house counsel’s time to shine.
By Shana Simmons • Jan. 18, 2024 -
Legal teams advised to review outside counsel staffing
Legal operations units can serve as watchdogs to see if additional members of a law firm are added to submitted bills, according to Thomson Reuters.
By Lyle Moran • Jan. 16, 2024