Reducing Legal Costs

Tuesday, February 10, 2009

About

Corporate legal departments are under the gun to reduce costs, and the pressure on them to do so will only mount as the economy struggles. In response, corporate counsel have begun implementing innovative arrangements to reduce costs, such as alternative fee structures, sharp reductions in the number of outside counsel used, and an increased reliance on technological innovations. However, many in-house counsel remain unsure of which alternatives to pursue and how to implement those alternatives effectively.

American Conference Institute’s 2nd Annual Corporate Counsel Forum on Reducing Legal Costs has been tailored to provide in-house counsel with the knowledge they need to successfully employ cost-reducing procedures both internally and externally. We have gathered together senior corporate counsel responsible for cost-reduction success stories from AOL, Association of Corporate Counsel, Bayer, Boston Scientific, Cargill, CompuCredit, C.R. Bard, Dow AgroSciences, DuPont, Eli Lilly, Exxon Mobil, Fair Isaac, General Motors, ImClone Systems, JPMorgan Chase, Lyondell, Marsh & McLennan, Northrop Grumman, Pfizer, and WellPoint to guide you through the complexities of:

  • Determining which alternative fee arrangements to pursue and getting “buy-in” both internally and externally
  • Reducing the number of outside counsel that you use without losing the expertise and knowledge that they provide
  • Improving your budgeting process and obtaining more accurate forecasts of costs
  • Integrating technological innovations into your legal department that will save time and money
  • Streamlining your e-discovery procedures to increase effi ciency and reduce cost

Contents & Contributors

About

Corporate legal departments are under the gun to reduce costs, and the pressure on them to do so will only mount as the economy struggles. In response, corporate counsel have begun implementing innovative arrangements to reduce costs, such as alternative fee structures, sharp reductions in the number of outside counsel used, and an increased reliance on technological innovations. However, many in-house counsel remain unsure of which alternatives to pursue and how to implement those alternatives effectively.

American Conference Institute’s 2nd Annual Corporate Counsel Forum on Reducing Legal Costs has been tailored to provide in-house counsel with the knowledge they need to successfully employ cost-reducing procedures both internally and externally. We have gathered together senior corporate counsel responsible for cost-reduction success stories from AOL, Association of Corporate Counsel, Bayer, Boston Scientific, Cargill, CompuCredit, C.R. Bard, Dow AgroSciences, DuPont, Eli Lilly, Exxon Mobil, Fair Isaac, General Motors, ImClone Systems, JPMorgan Chase, Lyondell, Marsh & McLennan, Northrop Grumman, Pfizer, and WellPoint to guide you through the complexities of:

  • Determining which alternative fee arrangements to pursue and getting “buy-in” both internally and externally
  • Reducing the number of outside counsel that you use without losing the expertise and knowledge that they provide
  • Improving your budgeting process and obtaining more accurate forecasts of costs
  • Integrating technological innovations into your legal department that will save time and money
  • Streamlining your e-discovery procedures to increase effi ciency and reduce cost

Contents & Contributors

What Has and Hasn't Worked with Alternative Fee Arrangements?: Implementing Innovative Fee Structures While Avoiding Customary Growing Pains
Teresa Cotton Santos, Associate General Counsel, Litigation, Eli Lilly and Company (Hong Kong)
Lindley Brenza, Partner, Bartlit Beck Herman Palenchar & Scott LLP (Denver, CO)

Managing Outside Counsel: Proactive Measures In-House Counsel Should Take to Prevent the Unexpected, Including Out-of-Control Costs
Edward Lowenberg, Senior Counsel and Coordinator for Product Liability & Toxic Tort Litigation, Exxon Mobil Corporation (Houston, TX)
J.L. Novak, Assistant General Counsel, AOL LLC (Dulles, VA)
Dean T. Barnhard, Partner Barnes & Thornburg LLP (Indianapolis, IN)
R. Bruce Whitney, Litigation Counsel, Air Products & Chemicals, Inc. (Allentown, PA)
Andrew E. Shipley, Assistant General Counsel, Northrup Grumman Corporation (McLean, VA)
Moderator:
Lori G. Cohen
, Shareholder, Greenberg Traurig, LLP (Atlanta, GA)

Improving the Accuracy, Certainty, and Efficacy of the In-House Legal Department Budgeting Process to Reduce Internal Friction and Maximize the Allocation of Resources
Frederick H. Paulmann, Senior Corporate Counsel & Director of Outside Partnering, Pfizer Inc. (New York, NY)
Joseph F. Speelman, Associate General Counsel, Litigation, Security and Compliance, Lyondell Chemical Company (Houston, TX)

Legal Process Outsourcing: Where and How to Obtain Professional and Cost-Effective Services While Maintaining Confidentiality
Greg A. Dadika, Assistant General Counsel, Litigation

Managing E-Discovery: Innovative Approaches that Will Increase Efficiency and Reduce Costs While Maintaining Compliance
Renee L. Jackson, Vice President, Corporate Legal, Fair Isaac Corporation (Minneapolis, MN)
Jeffery A. Kruse, Senior Counsel, Boston Scientific Corporation (St. Paul, MN)

Building a 'Virtual Law Firm' to Help Your Company Effectively and Efficiently Manage Litigation

Atiba Adams, Assistant General Counsel, Pfizer Inc. (New York, NY)
Richard M. Barnes, Partner, Goodell, DeVries, Leech & Dann, LLP (Baltimore, MD)

Selecting the Most Cost-Effective Outside Counsel for Your Needs Without Compromising on Quality: How to Get it Right From the Start
Susan Hackett, Senior Vice President and General Counsel, Association of Corporate Counsel (Washington, DC)
Linda M. Kearney, Managing Associate General Counsel , WellPoint, Inc. (Austin, TX)
David J. Maslia, Assistant General Counsel, CompuCredit Corporation (Atlanta, GA)

Maximizing In-House Capabilities and Staffing Efficiencies to Reduce Reliance on Outside Counsel
Scott T. Piering, Senior Attorney, Cargill Incorporated (Wayzatta, MN)
William D. Schultz, Merchant & Gould P.C. (Minneapolis, MN)
Marc Zamsky, Executive Vice President, Hudson Legal (Philadelphia, PA)

The Ethics of Alternative Fee Arrangements,Outsourcing and Other Cost Reduction Strategies
Lindley Brenza, Partner, Bartlit Beck Herman Palenchar & Scott LLP (Denver, CO)

Improving the Efficiency and Effectiveness of Legal Invoice Review and Cost Containment

Melody Hamel, Bayer Corporation (Pittsburgh, PA)



DOCUMENT TYPES: PDF PPT DOC PRESENTATIONS AVAILABLE: 15

8:00
Continental Breakfast and Registration
9:00
Opening Remarks from Conference Co-Chairs
Renee Jackson
General Counsel
The Dolan Company
Mr. Scott T. Piering
Senior Attorney
Cargill Incorporated
9:15
What Has and Hasn't Worked with Alternative Fee Arrangements?: Implementing Innovative Fee Structures While Avoiding Customary Growing Pains
Ms. Teresa L. Cotton Santos
Associate General Counsel‚ Litigation
Eli Lilly and Company
1 file
Implementing Innovative Fee Structures
62 KB 7 pages Presentation
PPT - Implementing Innovative Fee Structures
-Mr. Lindley J. Brenza
Partner
Bartlit Beck Herman Palenchar & Scott LLP
1 file
Non-Hourly Fees: How and Why to Make them Work
95.9 KB 7 pages Presentation
PDF - Non-Hourly Fees: How and Why to Make them Work
10:30
Morning Coffee Break
10:45
Managing Outside Counsel: Proactive Measures In-House Counsel Should Take to Prevent the Unexpected‚ Including Out-of-Control Costs
Mr. Edward Lowenberg
Senior Counsel and Coordinator
Exxon Mobil Corporation
Mr. J.L. Novak
Assistant General Counsel
AOL LLC
Mr. Dean T. Barnhard
Partner
Barnes & Thornburg LLP
Mr. R. Bruce Whitney
Litigation Counsel
Air Products & Chemicals‚ Inc.
Mr. Andrew E. Shipley
Assistant General Counsel
Northrop Grumman Corporation
-Moderator: Ms. Lori G. Cohen
Shareholder
Greenberg Traurig‚ LLP
1 file
Managing Outside Counsel
532 KB 38 pages Presentation
PDF - Managing Outside Counsel
12:20
Networking Luncheon for Speakers and Delegates
13:30
Improving the Accuracy‚ Certainty‚ and Efficacy of the In-House Legal Department Budgeting Process to Reduce Internal Friction and Maximize the Allocation of Resources
Mr. James L. Condren
Senior Vice President and Associate General Counsel
JP Morgan Chase & Co.
Mr. Frederick H. Paulmann
Senior Corporate Counsel & Director of Outside Counsel Partnering
Pfizer Inc.
1 file
Improving the Budgeting Process
350 KB 5 pages Presentation
PPT - Improving the Budgeting Process
Mr. Joseph F. Speelman
Associate General Counsel‚ Litigation‚ Security‚ and Compliance
Lyondell Chemical Company
14:30
Legal Process Outsourcing: Where and How to Obtain Professional and Cost-Effective Services While Maintaining Confidentiality
-Mr. Greg A. Dadika
Assistant General Counsel, Litigation
C. R. Bard, Inc.
1 file
Legal Process Outsourcing
426 KB 15 pages Presentation
PPT - Legal Process Outsourcing
15:15
Afternoon Refreshment Break
15:30
Managing E-Discovery: Innovative Approaches that Will Increase Efficiency and Reduce Costs While Maintaining Compliance
Renee Jackson
General Counsel
The Dolan Company
Mr. Jeffery A. Kruse
Senior Counsel
Boston Scientific Corporation
1 file
Managing E-Discovery
3.9 MB 19 pages Presentation
PPT - Managing E-Discovery
16:30
Building a 'Virtual Law Firm' to Help Your Company Effectively and Efficiently Manage Litigation
Mr. Atiba D. Adams
Assistant General Counsel
Pfizer Inc.
Mr. Richard M. Barnes
Partner
Goodell‚ DeVries‚ Leech & Dann‚ LLP
1 file
Building a ‘Virtual Law Firm’ to Help Your Company Effectively and Efficiently Manage Litigation
593.5 KB 12 pages Presentation
PPT - Building a ‘Virtual Law Firm’ to Help Your Company Effectively and Efficiently Manage Litigation
17:30
Conference Adjourns for the Day
8:30
Continental Breakfast
9:00
Co-Chairs' Recap and Remarks
9:15
Selecting the Most Cost-Effective Outside Counsel for Your Needs Without Compromising on Quality: How to Get it Right From the Start
Ms. Susan Hackett
CEO and CLO
Legal Executive Leadership, LLC
3 files
ACC’s Value Challenge: Reconnecting Cost to Value
90.4 KB 2 pages Presentation
PDF - ACC’s Value Challenge: Reconnecting Cost to Value
Re-Connecting Legal Costs to Their Value
788.6 KB 8 pages Presentation
PDF - Re-Connecting Legal Costs to Their Value
The ACC Value Challenge
613 KB 13 pages Presentation
PPT - The ACC Value Challenge
Ms. Linda M. Kearney
Managing Associate General Counsel
WellPoint‚ Inc.
1 file
Selecting the Most Cost-Effective Outside Counsel for Your Needs Without Compromising on Quality: How to Get It Right from The Start
364.5 KB 14 pages Presentation
PPT - Selecting the Most Cost-Effective Outside Counsel for Your Needs Without Compromising on Quality: How to Get It Right from The Start
Mr. David Maslia
Assistant General Counsel
CompuCredit Corporation
1 file
CONSIDERATIONS WHEN WORKING WITH IN-HOUSE COUNSEL
28 KB 2 pages Presentation
DOC - CONSIDERATIONS WHEN WORKING WITH IN-HOUSE COUNSEL
Mr. Gregory Mayes
Vice President‚ Deputy General Counsel
ImClone Systems Incorporated
Moderator: Mr. Steven Ellison
Partner
Faegre & Benson
10:45
Morning Coffee Break
11:00
Maximizing In-House Capabilities and Staffing Efficiencies to Reduce Reliance on Outside Counsel
Mr. Scott T. Piering
Senior Attorney
Cargill Incorporated
Mr. William D. Schultz
Attorney
Merchant & Gould P.C.
Mr. Marc Zamsky
Executive Legal President
Hudson Legal
1 file
Maximizing In-House Capabilities and Staffing to Reduce Reliance on Outside Counsel
405.5 KB 24 pages Presentation
PPT - Maximizing In-House Capabilities and Staffing to Reduce Reliance on Outside Counsel
12:00
Networking Luncheon for Speakers and Delegates
13:15
The Ethics of Alternative Fee Arrangements‚ Outsourcing and Other Cost Reduction Strategies
-Mr. Lindley J. Brenza
Partner
Bartlit Beck Herman Palenchar & Scott LLP
1 file
Ethics Issues on Fees and Outsourcing
102.7 KB 7 pages Presentation
PDF - Ethics Issues on Fees and Outsourcing
14:15
Improving the Efficiency and Effectiveness of Legal Invoice Review and Cost Containment
Ms. Melody Hamel
Bayer Corporation
1 file
Improving Legal Invoice Review & Cost Control
222.5 KB 15 pages Presentation
PPT - Improving Legal Invoice Review & Cost Control
15:15
Conference Concludes