A panelist from EBay, speaking at the InsideCounsel SuperConference, mentioned four specifics about the practices followed by the procurement group. They are to be involved with any project that expects to cost more than $1 million or any vendor who is likely to receive more than $1 million during a…
Articles Posted in Non-Law Firm Costs
Elegance of a solution for e-discovery makes no difference and two other eyebrow raisers
The global e-discovery counsel of Google, Theresa Beaumont, shared recently her nine “key components of a successful, defensible e-discovery process.” As reproduced in InsideCounsel, May 2011 at 61, the second component raised my eyebrows. “Accomplish what you must with the most elegant solutions and processes you can.” One eyebrow jumped…
Shouldn’t the ACC specify why it chooses certain vendors as its exclusive Alliance members?
The ACC chooses a handful of companies to promote to its member as exclusive providers for various services. For example, according to Met. Corp. Counsel, May 2011 at 35, Applied Discovery holds that coveted position for electronic discovery, which led me to look at the other service providers with like…
Hidden legal costs, including capitalized legal expenses
Whether or not responsible for them in their budgets, general counsel should track and report capitalized legal costs. The accounting treatment of a legal expense doesn’t whisk away the cost to the company. Checks written are real (See my post of July 30, 2005: capitalized legal expenditures; Nov. 25, 2006:…
A thickly settled community of posts on settlements
Since my last collection, several more posts have made points settlements. Some particularly concern law firms (See my post of April 9, 2009: advantage of fixed fee when negotiating settlements; Oct. 7, 2009 #4: empowering outside counsel to settle cases; March 16, 2010: fixed-fee arrangements; Oct. 3, 2010: heavier billing…
15 companies that fund litigation at a conference on this niche industry
A conference scheduled to take place in New York City on April 27-29, is called the Litigation Finance & Investment Summit. The agenda includes speakers from organizations that are involved in litigation financing. Listed below in alphabetical order by company are fifteen of them according to the brochure for the…
Ranked list of top-ten trademark services providers
Courtesy of World Trademark Rev., June/July 2010 at 36, law departments that have significant trademark activity can see the top ten trademark service providers. The ten cited most by respondents to the WTR survey were also ranked. In declining order they were Edital, Onscope, Corporate Service Company (CSC), CT Corsearch,…
Everyone thinks the U.S. is the most litigious, but some data suggests we rank in the middle
My friend Jeff Hodge, Executive Director – Corporate at doeLEGAL, wrote a fascinating blog post about law suits per person in major countries. He cites research in Christian Wollschlager, Exploring Global Landscapes of Litigation (Nomos 1998) and testimony before the House Committee on the Judiciary in 2004 by Theodore Eisenberg,…
Law departments may enjoy some budget relief if European patent costs drop dramatically
The Economist, March 19, 2011 at 69, writes that the European Union has taken a long step toward the creation of a single European patent. If approved by the European Parliament, the new regime would dispense with separate validation in different nations (with attendant translation and other costs) and that…
The tenure of the general counsel does not relate to cost control: years in the position shows no association with total legal spending
I thought that the longer a general counsel has served a company, the lower total legal spending would drop as a percentage of revenue. A veteran general counsel would know the company better, understand its key personnel, be close to the company’s strategy and legal risks, and have shaped the…