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Tag Archives: general counsel

Stats, Facts and Comments from 7 Corporate Legal Studies

Briefing Stats Facts and Comments from 7 Corporate Legal Studies

Cliff notes, summaries and neatly organized reports are all part of the close watch the Business of Law Blog keeps on legal industry studies. Today’s roundup focuses on those studies and survey stemming from inside counsel – and cuts the list of studies to review from 17 to 10.  As always we strive to link to the underlying source as ... Read More »

Inside Counsel Salaries Brighten as Skillsets Widen

Inside Counsel Salaries Brighten as Skillsets Widen

A handful of recent surveys indicate that in-house compensation is rising even as businesses expect more from corporate lawyers – both in terms of workload and skillsets. “An in-house attorney with 10 or more years’ experience working at a large company (with $250 million in revenue or more) can expect to take in 3.4 percent more in 2016 than in ... Read More »

Q&A with Veta Richardson:  ACC Chief on Teaming with Australia

Q&A with Veta Richardson ACC Chief on Teaming with Australia

Globalization is a consistent trend in the backdrop of the corporate counsel agenda.  Combined with the fact that corporate legal departments are taking more work in-house and a clear need for a larger support network has emerged. It’s been nearly a year since the Australian Corporate Lawyers Association announced it was joining with the Association of Corporate Counsel – the ... Read More »

Walmart AGC: Keys to “Insourcing” Early Case Assessment

Walmart AGC Identifies Keys to “Insourcing” Early Case Assessment

Note: The following is a guest post from Daryn Teague, who provides support to the litigation software product line within the LexisNexis software division. In the complex and costly world of litigation eDiscovery, the insource vs. outsource debate has been raging for the past decade. Does it make more sense for corporate clients to continue allowing their trusted outside counsel ... Read More »

A Perfect Legal Storm:  GC and the Greatest Challenges Faced

Top Challenges Facing Legal Department

The challenge of being a GC today may well be living in a perfect storm. “The greatest challenge that general counsel have to face today is managing legal issues in an ever increasing regulatory environment, while at the same time trying to maintain control of costs,” according to Ian McDougall at the 2014 Legal Week Corporate Counsel Forum. The “perfect ... Read More »

3 Tips for more Effectively Managing Legal Spending

3 Tips for more Effectively Managing Legal Spending

The general counsel needed a report. The corporate legal department had spent more than $20 million on external legal fees in the previous year, and he needed to know how much of that was spent specifically on litigation, where it was spent, and why. He tasked Mary Stich with generating a report which would allow him to identify areas to ... Read More »

Webinar:  Corporate Counsel on Enterprise Legal Management

Rackspace Corporate Counsel on Enterprise Legal Management

The promise of Enterprise Legal Management or ELM is to provide corporate counsel with data to make better legal decisions – decisions about legal matters, legal hold and legal spending. It’s a big promise and as it is so common with enterprise-wide projects, expert advice usually recommends starting with a few small hunches, demonstrating success and then rolling the project ... Read More »

Good Counsel: Think, Act and Achieve like a Legal Visionary

Good Counsel Think Act and Achieve like a Legal Visionary

Groundhog Day.   It’s a day in February.  It’s the title of a movie. It has become cliché for reliving the same day over and over again. It may well be a fitting description for the legal industry.  This is the narrative presented by attorney, author and entrepreneur, David Galbenski, in a key note presentation during the 2014 LexisNexis CounselLink Annual ... Read More »

Emerging Legal Role: Chief Reality Officer

Emerging Legal Role Chief Reality Officer

Economics are forcing legal department to function more like a business and less like a practice. Increasingly corporate law departments have budgets and GCs are being held to account.  This is moving the concept of the legal department operations (LDO) manager “well past the incubation stage” to more clearly define the role. This according to our own Mike Haysley in ... Read More »

Trends in ELM: LexisNexis CounselLink Annual Customer Conference

CounselLink User Conference 2014

The CounselLink team has opened up registration for the 2014 CounselLink Annual Customer Conference.  This year the conference will be held in the relatively quiet country side of Northern Virginia – about 30 miles west of Washington, DC.   This year’s event will focus on the challenges and opportunities facing corporate legal departments. We’ll be hosting a series of panel ... Read More »