More GCs Put Outside Litigators on a Budget
- Posted by Geoffrey G. Gussis on October 4th, 2005
- Filed in Law Department Management
Are you ready to squeeze your outside litigators into submission? Take some tips from other in-house counsel on how to manage fees:
"Elisa Garcia realizes that no amount of two-for-one coupons or meat lovers’ specials will ever turn her law department at Domino’s Pizza Inc. into a money-making operation. Instead, the best that she can hope to do as general counsel is to control costs.
So, in an effort to gain some of that control, she requires the litigation firms that the pizza company hires to set budgets for the costs of cases at the outset.
Garcia’s move is part of a trend among corporate counsel who continually cite cutting costs as their greatest concern and who see detailed budgets from outside counsel as a way to trim their expenses."
Link: law.com - More GCs Put Outside Litigators on a Budget.
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Ice Cream GC Uses ADR to Control Costs
GCs Engage in ‘Collective Bargaining’ for Legal Fees
Boom Time for In-House Budgets
Law Department Costs Jump in Largest U.S. Corporations