Rich Baer, the general counsel of Quest, spoke last week at DataCert’s Generals of the Revolution. He explained that he had organized a group of general counsel in the Denver area to meet and discuss best practices regarding reserve setting. That was innovative, simply to pull together the experience of peers, so even more impressively he went further. He urged the attendees to invite a litigation partner so that their experiences could fold into the mix.
I commend this approach for both aspects: collective efforts by law departments and integration with law firms. In this situation, the law firm partners probably loved the chance to mingle with potential clients.