Workshop A — The Hatch-Waxman Series Advisory Board on “The Three C’s: An Intimate Discussion on the Expectations of In-House Counsel from Their Law Firm Partners”

Sep 20, 2022 9:00am – 12:00pm

This unique, interactive discussion group will provide the medium for exclusive, intimate networking and benchmarking opportunities that will shed light on the expectations of in-house counsel from their law firm partners. Esteemed members of ACI’s Hatch-Waxman Series Advisory Board will lead this workshop contemplating “The Three C’s: Cost, Communication and Competency”:

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: Overcoming Talent Limitations with Time-Proven Tips
  • Considerations in selecting outside counsel
  • Evaluating the appropriateness of work product
  • Reconciling firm versus individual reputation and ability

Communication: Communicating Value and Collaboration Between Corporate Legal and Outside Counsel
  • Establishing early-on in the relationship the desired level of commitment, availability and responsiveness
  • Succinctly focusing on shared, pragmatic business goals
  • Determining preferences for formality of correspondence and practical versus academic guidance