One of the most uncomfortable discussions any in-house counsel will have is justifying to the CFO why large amounts of money were/are being spent for outside legal work, especially litigation spend. Law departments are still viewed as cost centers in most corporations. Pressure is greater than ever to defend return on investment for litigation spend. If the in-house counsel can''t quantify why amounts are being spent in litigation, he will have a difficult time becoming a valued business partner — or worse. This program will share best practices/metrics and look to ways the in-house counsel can quantify legal spend (particularly litigation spend) against the results from their outside counsel.
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The information in any resource collected in this virtual library should not be construed as legal advice or legal opinion on specific facts and should not be considered representative of the views of its authors, its sponsors, and/or ACC. These resources are not intended as a definitive statement on the subject addressed. Rather, they are intended to serve as a tool providing practical advice and references for the busy in-house practitioner and other readers.