In my quest to create the OED (Online Explanations and Definitions) for legal department managers, I have made a decent start. This blog has defined upwards of 90 terms. I have compiled them, for anyone who emails me and asks for a copy. Meanwhile, here are 11 more that recently entered the general counsel’s OED.
- burn rate (See my post of May 3, 2009: monthly expenditures on a matters.);
- client vs customer (See my post of March 31, 2009: terms client or customer.);
- cross selling (See my post of Feb. 20, 2009: selling new services by firms.);
- digital dictation vs speech recognition (See my post of April 20, 2009: transcribing.);
- direct reports (See my post of May 29, 2009: those whom the general counsel formally evaluates.);
- foreign law firms (See my post of June 26, 2009: external counsel outside your country.);
- global, international, regional and local (See my post of July 1, 2009 #3: worldly terms.);
- incumbent law firms (See my post of June 14, 2009: law firms already doing business with a company.);
- project (See my post of April 28, 2009: project management.);
- success fee vs contingent fee (See my post of May 6, 2009: payments to law firms based on outcomes.); and
- unbundled services (See my post of April 11, 2009: what services to take from law firms and give to specialized vendors.).