This Management Report provides an overview of discussion results from ACC’s Law Department
Executive Leadership session entitled, “Global Law Departments, Alternative Fee Structures & Value,”
held in Boston on October 19, 2009.
How do you determine what needs to be done to improve value and efficiency, by whom and how? And how can you ensure that new initiatives stay on track and deliver results? Change management tactics -how to get from analysis to action, unleash the potential within the organization to see and act on ways to do things differently, and build momentum.
This Quick Overview (formerly QuickCounsel) identifies practical steps for effective contract management for the benefit of a contracting party in France.
Now that both parties have negotiated and agreed on the contract, you can’t just sit back and let the contract take care of itself. This session will address the best practices for creating and maintaining a corporate contract management repository within the legal department<br />that fully addresses the contract lifecycle. This program will also<br />discuss transparency, profiling, and archiving.<br />
Overview of data mining and reporting tools directed toward law departments and law firms, how they tools do and don’t coordinate, and where to start for corporate counsel beginning to implement value-based fees. From ACC Value Challenge workshop, Legal Service Management, July 2010: www.acc.com/legalservicemanagement
Contract management can mean a number of things to a number of people. In many cases they are looking at one stage in the contract life cycle. There is money to be saved at each stage of the life cycle if you have the resources to manage your contracts rather than responding to each. Every point identified in this article will not apply to every contract, but it will give you an idea of the things to consider at each stage of the process.
Part of the 2009 Annual Meeting Program Materials for Session 408.
Instruction on fee structure options with practical application through business case analysis using real-life corporate/transactional scenarios. Faculty will focus on providing viable solutions for small law departments - examining both value practices developed by small departments and large department policies that are scalable for smaller departments.
Add value to your own efforts to improve the contracting process in your company by conducting realistic and practical training programs. Try these handy tips.
Outsourcing labor and services has become more commonplace than ever — and general counsel are not immune to the bandwagon effect — which is not necessarily a bad thing. Unbundling and assigning different services to separate entities may result in work being done more efficiently and with less expense. Learn the “dos” and “don’ts” of engaging in legal process outsourcing.
2011 ACC Annual Meeting Session 101 materials which center on myths, solutions and insights for using value-based fee structures for litigation..