Guest Post by Russ Dempsey, Vice President and Chief Legal Officer United Retirement Plan Consultants Pam Woldow’s recent blog post, Putting Some Pepper Into Legal Project Management, called to mind my own recent successful use of Legal Project Management (LPM) to manage the risks and foreseeability issues in an engagement with one of our… Continue Reading
Category Archives: Alternative Fee Arrangements
Subscribe to Alternative Fee Arrangements RSS FeedLegal Project Management Momentum: The Dechert Experience
Posted in Alternative Fee Arrangements, Law firm practices, Law Firm Profits, Legal Project Management, Legal Project Management tools, Legal SpendIn 2009, Dechert established itself as a committed first-adopter in the burgeoning Legal Project Management (LPM) trend by offering LPM training to every partner in its U.S.and European offices, certainly a major undertaking. I was retained to design and facilitate LPM training that included scores of workshops for hundreds of partners over a 9-month period…. Continue Reading
Double Vision: Evolving Perspectives on Law Firms
Posted in Alternative Fee Arrangements, General Counsel, Law firm practices, Legal Spend, Outside CounselIf the legal profession is indeed driving toward a “new normal,” it has not yet resolved which road it will take. On one hand, the Goliaths continue to bulk up, and there clearly is a lot of life left in the Big-Bigger-BiggestLaw model. 2010 was a dormant year for mergers, but in 2011 the big… Continue Reading
2011: Contemplating the Great What Next
Posted in Alternative Fee Arrangements, General Counsel, Legal Project Management, Legal Spend, Outside CounselIt’s been an eventful year for the legal profession, although scores of law firm lawyers and in-house counsel wish it hadn’t been. For many lawyers, Legal Project Management (LPM) — the drive to make the cost of legal services more predictable and their delivery more efficient – remains at center stage as an economic imperative,… Continue Reading
No Place to Hide
Posted in Alternative Fee Arrangements, General Counsel, Legal Project Management, Legal Spend, Outside CounselHaving completed Legal Project Management training in two corporate legal departments, I finished this week at the intersection of Sutter and Market Streets here in San Francisco, but for many of my General Counsel clients it’s the intersection of apprehension and opportunity. For some clients, this is alien and uncomfortable territory. The balance of power… Continue Reading
Legal Project Management Moves In-House
Posted in Alternative Fee Arrangements, General Counsel, Legal Project ManagementThe message to general counsel and chief legal officers from their CEOs and CFOs could hardly be clearer: “Get the costs of your legal department under control or face the consequences. In the last decade, general corporate operating expenses have gone up about 20 percent, but overall legal costs have gone up 75 percent, far… Continue Reading
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