The ACC Guide to Value-Based Fees provides a step-by-step approach to help those new to the process get started and to help those who are veterans of the process consider whether there may be opportunities to improve what they already do. The checklists, flow-charts and tables are designed to help in assessing a particular matter to determine which value-based fee constructs would fit best, as well how to best implement and carry out those terms.
To keep up with a rapidly growing $10B+ business, VMware Legal needed to scale how they operated. To redefine the way they worked, and to elevate their value, they focused on three core areas: (i) taking their technology and data analytics strategy to the next level; (ii) expanding their outsourcing and insourcing capabilities; and (iii) building a team with diverse skills, competencies, and talents.
To keep up with a rapidly growing $10B+ business, VMware Legal needed to scale how they operated. To redefine the way they worked, and to elevate their value, they focused on three core areas: (i) taking their technology and data analytics strategy to the next level; (ii) expanding their outsourcing and insourcing capabilities; and (iii) building a team with diverse skills, competencies, and talents.
To keep up with a rapidly growing $10B+ business, VMware Legal needed to scale how they operated. To redefine the way they worked, and to elevate their value, they focused on three core areas: (i) taking their technology and data analytics strategy to the next level; (ii) expanding their outsourcing and insourcing capabilities; and (iii) building a team with diverse skills, competencies, and talents.
This North American energy company decided that innovation was needed to be nimbler in the delivery of jurisdictional licensing opinions to its engineers. TC Energy engaged (past Champion) Shook, Hardy & Bacon to design a secure, scalable, easy-to-use online tool that is accessible around-the-clock.
Fir Tree Partners Legal Operations Project Background and Pillars of Success
Suite of vendor reports includes Spend, Invoices, Operations and Matter-specific dashboards (includes total spend, discounts, staffing ratios, diversity, with breakdowns by vendor, matters, budget category, etc.)
Not letting its small size impede its innovation, Fir Tree has streamlined its legal operations by using many of the same processes and technology solutions adopted by large corporate law departments. Using the ACC Legal Operations Maturity Model as a roadmap, the team targeted legacy pain-points and leveraged data, alternative legal service providers and ingenuity to add tech solutions.