Outside Counsel


  • Sterling Analytics lowers in-house counsel legal billing costs
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    How a third-party auditor helps GCs lower outside counsel spend

    In one business model, the service is said to be effectively free because the fee comes out of the savings that are generated.

    By June 10, 2024
  • Online RFP process for in-house legal teams
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    Company touts live bidding process to reduce outside counsel spend

    By giving law firms a chance to adjust their proposals, legal teams can engage litigation or transaction work at a lower cost than initially proposed, a white paper says. 

    By May 30, 2024
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    Sponsored by Broadridge Financial Solutions

    Taking the pulse on the IPO landscape: Part 2

    Revisiting a conversation between Broadridge’s Jennifer Flynn and Cooley’s Yvan-Claude Pierre.

    May 6, 2024
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    Sponsored by Broadridge Financial Solutions

    Taking the pulse on the IPO landscape: Part 1

    A conversation between Broadridge’s Jennifer Flynn and Cooley’s Yvan-Claude Pierre.

    April 29, 2024
  • Murray v. UBS, protected reporting, SEC
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    GCs urged to act before employees become whistleblowers

    By shifting the burden to employers, the Supreme Court’s Murray v. UBS ruling makes it crucial that executives not let employees feel ignored when they report concerns.

    By David Weisenfeld • Feb. 23, 2024
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    61% of organizations faced regulatory proceedings in 2023, report finds

    Survey respondents said state and federal regulatory changes are contributing to fears about increased exposure to regulatory disputes, according to Norton Rose Fulbright.

    By Lyle Moran • Feb. 13, 2024
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    Law firms raised rates 6.5% to close 2023, report finds

    Outside counsel also reduced their growth in expenses, which helped firms achieve profitability last year, according to Thomson Reuters.

    By Lyle Moran • Feb. 12, 2024
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    Nearly 70% of law firm professionals use legal analytics

    An expectation from clients that law firms use analytics tools is helping drive adoption, a LexisNexis and Lex Machina report found.

    By Lyle Moran • Feb. 7, 2024
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    Data breach class actions are on the rise, report finds

    The data breach cases also presented difficulties for the courts around issues of standing and uninjured class members, the Duane Morris report found.

    By Lyle Moran • Feb. 6, 2024
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    42% of legal teams face cost-cutting mandates, ACC survey finds

    One way many legal departments are aiming to reduce spending is by improving the efficiency of their operations.

    By Lyle Moran • Jan. 30, 2024
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    2024 in-house legal outlook series: GCs, CLOs ready for hard decisions

    Legal leaders look at practical generative AI use cases and get tough on outside counsel spend, among other priorities this year.  

    By Lyle Moran and Robert Freedman • Jan. 29, 2024
  • An in-house lawyer discusses outside counsel management with two colleagues.
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    Outside counsel management is a growing focus for in-house legal teams

    An emphasis on cost control is prompting legal departments to scrutinize law firm rate requests and examine shifting work to other providers who cost less.

    By Lyle Moran • Jan. 29, 2024
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    Law firm security breaches are fairly common, survey finds

    The tech decision-makers surveyed said improved training and technology would help their law firms become better prepared to address cybersecurity threats.

    By Lyle Moran • Jan. 22, 2024
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    Opinion

    A CLO’s GenAI prediction: We’ll lean into it — and our humanity

    A human-centric, converged approach to harnessing new technology is what will truly make 2024 in-house counsel’s time to shine.

    By Shana Simmons • Jan. 18, 2024
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    Legal teams advised to review outside counsel staffing

    Legal operations units can serve as watchdogs to see if additional members of a law firm are added to submitted bills, according to Thomson Reuters. 

    By Lyle Moran • Jan. 16, 2024
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    40% of GCs expect to increase outside counsel spending

    Amid increasing matter volumes, many corporate law departments are struggling with capacity and need the assistance of external law firms, a Thomson Reuters report said. 

    By Lyle Moran • Jan. 12, 2024
  • in-house counsel 2024
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    Deep Dive

    6 in-house legal trends to watch in 2024

    AI, labor, antitrust, bankruptcies, women GCs and cross-collaboration are among the headlines in-house counsel can expect this year.  

    By Lyle Moran and Robert Freedman • Jan. 9, 2024
  • A stack of papers says "legal malpractice" on the top page and sits next to a judge's gavel.
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    Opinion

    Should you sue your lawyer for malpractice? Four questions to ask

    If a lawyer’s bad conduct harms your company, a malpractice suit may be a great way to make your company whole. 

    By Bill Zapf and Matt Kaiser • Jan. 5, 2024
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    Largest law firms charge nearly $1,000 an hour, report finds

    The 4.8% rate increase through Q3 2023 was more than triple the bump last year among the Am Law 100, according to a Brightflag report.

    By Lyle Moran • Dec. 11, 2023
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    Opinion

    Are law firms ignoring their most critical assets?

    The path to a more diverse and inclusive legal market is wide open, and firms must act intentionally to achieve meaningful change. 

    By Catherine Krow • Nov. 29, 2023
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    Pushing back against outside firms’ rate hikes starts with data

    Data can help legal teams show outside firms they’re asking for too much money, billing specialists say.

    By Nov. 29, 2023
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    Law firms raised rates 6.3% in Q3, report finds

    Demand also ticked up slightly and firms reduced associate hiring to slow expense growth, according to the Thomson Reuters Institute.

    By Lyle Moran • Nov. 22, 2023
  • Hand flips wooden cube and changes the inscription from "BUDGET 2023" to "BUDGET 2024"
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    66% of legal teams are bringing more work in-house

    Meanwhile, one in four legal departments expect to decrease the number of law firms they use, a report from ACC and Everlaw found.

    By Lyle Moran • Nov. 21, 2023
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    Opinion

    How AI can level the playing field among law firms

    AI will undoubtedly help to erode the competitive barriers that have long entrenched big law firms at the top.

    By Richard Robinson • Nov. 17, 2023
  • A black AI processor with a brain above it
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    60% of in-house counsel expect law firms to use generative AI

    Most corporate lawyers want to know if their outside firms are using tools such as ChatGPT and they want some say in the matter, according to a LexisNexis survey.

    By Lyle Moran • Aug. 25, 2023