The 19th annual version of Altman Weil’s Chief Legal Officer Survey has some interesting data that reflects the changes taking place in the legal industry for corporate counsel and law firms. Here are my 5 take-aways from the survey. #1. CEOs Expect the Law Department to Run Like a Business Unit The executive summary notes […]
The Association for Corporate Counsel (“ACC”) released the winners of the 2018 Value Challenge. Below I break down how one of the winning teams used the RFP process to drive cost reductions and improve efficiency. Step 1: Audit Your Current Spend and Process 7 -Eleven had only 2 in-house corporate counsel who worked on real […]
Law firms need to be educated on the emerging competition for legal services. Alternative Legal Service Providers (“ALSP”) are here to stay, and corporate counsel are finding them to be attractive alternatives to the historical law firm model. Thompson Reuters released the latest study on how ALSP are impacting the legal industry. As noted in […]