Rees Morrison, Esq., has consulted to hundreds of law departments over 23 years to help them better manage themselves and their law firms. Visit my website, email me, or call me 973.568.9110.
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    « Don’t ask for a single budget, ask for scenarios of plausible outcomes in a matter and the associated fee estimates | Main | Ten benchmarks many general counsel wish they could obtain and ponder »

    Another set of 12 practice pros and cons

    Since my previous post on the advantages and disadvantages of fifteen practices (See my post of March 23, 2009: pluses and minuses of 15 practices.), I have accumulated a dozen more debate posts.

    1. Break-outs or plenary sessions at large meetings (See my post of April 25, 2009: meetings and smaller sub-group meetings.).
    2. Cross selling by law firms or let me find my own firms (See my post of April 2, 2009: marketing by external counsel to companies that are already clients.).
    3. Fixed fee services vs. hourly billing (See my post of April 9, 2009: set prices for legal services.).
    4. Formally evaluate outside counsel or let lawyers use and drop firms naturally (See my post of April 14, 2005: evaluations of outside counsel.).
    5. Give inventors a share of patent revenues or shy away from that inducement (See my post of March 27, 2009: gainsharing with inventors.).
    6. Hire lawyers to bring work inside or choose other techniques (See my post of July 4, 2009: substitute inside lawyers for external counsel.).
    7. IT staff as employees or not (June 24, 2009: information technology support staff.).
    8. Make clients fill out forms to obtain legal advice or just let them call (See my post March 26, 2007: pros and cons of client Requests for Services.).
    9. Negotiate discounts or manage costs another way (See my post of March 20, 2009: six reasons for discounts.).
    10. Assign responsible lawyers for chief firms or stay laissez-faire (See my post of July 8, 2009: pros and cons of relationship lawyers in-house.).
    11. Specify the format for responses to RFPs or let firms decide the arrangement (See my post of April 2, 2009: should you tell law firms how to reply to a Request for Proposal.).
    12. ADR techniques compared to litigation (See my post of Feb. 7, 2007: speed and involvement of executives.).
    13. Use virtual deal rooms or rely on hard-copy repositories (See my post of Jan. 30, 2009: eight benefits of virtual deal rooms.).

    Posted on July 9, 2009 at 01:38 PM in Tools | Permalink

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