Close

Articles Posted in Non-Law Firm Costs

Updated:

Law departments that licensed CPi software that infringes a patent could themselves be embroiled in litigation

A Stamford, CT-based company, WhitServe LLC, is aggressively targeting firms it believes have infringed its patents relating to the delivery of professional services over the Internet, including methods for online patent and trademark renewals. One of the targets is a prominent service provider to the legal community. Computer Packages, Inc.…

Updated:

Third-party funders of major litigation: profiles of Burford Capital and Juridica

Up-to-date detail on two third-party funders of litigation comes from ALM’s Litigation 2010, Spring 2010 at 23. The article traces the background, start-up, and current operations of two of the best-known funders: Burford Capital Limited and Juridica. Juridica has raised a total of $180 million dollars on London’s Alternative Investment…

Updated:

Were general counsel genuine when they answered survey questions about outsourcing?

The report just issued by Eversheds, “Law firm of the 21st century: The clients’ revolution,” is based on questions asked of 130 general counsel. One finding regarding the post-recession world suggests a vigorous uptake of outsourcing. “Just over a third (38%) of General Counsel were actively implementing or considering outsourcing…

Updated:

Survey data from French legal departments on cost reduction methods

A consultant in France, Hélène Trink,recently teamed with a legal search firm (Equiteam) to publish a survey of French legal departments. The survey asked questions about budgets and management of outside counsel counsel. It obtained responses from 81 general counsel (Directeurs juridiques) in the fall of 2009. From a list…

Updated:

Millions paid to a general counsel under a “change of control” provision

When Merck bought Schering-Plough in late 2009, Schering-Plough’s general counsel, Thomas Sabatino, lost his job but gained a healthy dose of termination benefits. As summarized by Corp. Counsel, June 2010 at 35, “he would be eligible for just over $12 million in severance payments, pension and medical benefits, and stock…

Updated:

Offshore to please – update on posts about Legal Process Outsourcing (93 in total!)

Four times I have assembled posts on this blog about offshore providers and Legal Process Outsourcing (LPO). They cite 78 posts (See my post of Nov. 14, 2005: offshoring with 4 references; Dec. 16, 2007: offshoring with 18 references; June 25, 2008: offshore with 27 references; and Sept. 1, 2009:…

Updated:

Offshore to please – update on posts about Legal Process Outsourcing (93 in total!)

Four times I have assembled posts on this blog about offshore providers and Legal Process Outsourcing (LPO). They cite 78 posts (See my post of Nov. 14, 2005: offshoring with 4 references; Dec. 16, 2007: offshoring with 18 references; June 25, 2008: offshore with 27 references; and Sept. 1, 2009:…

Updated:

Ranking in a survey of the six most common targets for saving during 2009

Data collected by the General Counsel Roundtable reveals where its members cut costs in 2009. The top six reductions, based on responses from 124 departments, were law firm expenditures (70%), travel (59%), vendors and consultants (21%), IT spend (14%), law department staff (8%), and employee compliance training (6%). “Travel” probably…

Updated:

Save on services: average renewal by a vendor offers a discount of 4 to 6 percent

An article in Law Practice, May/June 2010 at 18, describes six ways a legal department might squeeze some savings out of its support services. As examples of support services, think of legal research, subscription management, trademark renewals, bulk photocopying, shredding, and travel expenses as targets of these techniques. The second…