ACI’s Hatch-Waxman Series Advisory Board on “The Three C’s*

April 29, 2019 2:00pm

What is it about?

Esteemed members of ACI’s Hatch-Waxman Series Advisory Board will lead this new breakout track. Limited to 20 attendees* per session, these unique, interactive discussion groups 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 those of the Board.

*To ensure a fair balance of brand name and generic participation, all interested parties will be prequalified before registering. Please click here to register for the tracks .

 

2:00 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

 

2:45 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

 

3:30 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