Workshop B — Cost, Competency and Communication Working Group: Esteemed Members of the Drug and Med Advisory Board Speak on Their Expectations of Law Firm Partners With Regard to the “Three C’s”

Dec 4, 2023 1:30pm – 05:00 PM

Lora Spencer
Principal Litigation & Investigations Counsel
Medtronic

Brennan Torregrossa
Senior Vice President, Litigation, Employment, Digital, and Privacy
GlaxoSmithKline

Patricia A. Barbieri
SVP, General Counsel and Secretary, Legal and Corporate Affairs
Daiichi Sankyo

Donald LeGower
Vice President | Litigation & Gov't Investigations
Bristol-Myers Squibb

Bill Childs
Assistant General Counsel, Litigation
3M

Richard W. Silbert
Vice President, Legal Strategy & Public Health Initiatives
Purdue Pharma L.P.

Esteemed members of ACI’s Drug and Medical Device Litigation Advisory Board will lead this new and comprehensive workshop. This unique, interactive discussion will provide exclusive, and intimate networking and benchmarking opportunities that will shed light on the expectations of in-house counsel from their law firm partners. It is also a vehicle for other in-house counsel to benchmark their current “3C’s” strategies with the workshop presenters.

Cost

  • Monitoring legal spend and balancing the budget
  • Establishing best practices for cost reduction to enhance predictability for cash flow purposes
  • Identifying processes to assist with budgeting, fee arrangements and billing
  • Examining the value of licensing deals and structures

Competency

  • Finding the right talent with time-proven strategies
  • Considerations in selecting outside counsel
  • Evaluating the appropriateness of work product
  • Reconciling firm capabilities versus individual attorney reputation and ability

Communication

  • Communicating value and collaboration between corporate legal and outside counsel
  • Establishing the desired level of commitment, availability and responsiveness early-on in the relationship
  • Succinctly focusing on shared, pragmatic business goals
  • Determining preferences for formality of correspondence and practical versus academic guidance