In this interview, Kris Satkunas, Director of Strategic Consulting with LexisNexis CounselLink, discusses key data on law department billing and law firm consolidation from the sixth annual LexisNexis CounselLink Trends Report.
Continue Reading As Big Firms Charge More, Companies Seek Alternatives
While not all crises cause significant legal liability, a company’s response can result in major business risks. Corporate counsel should help balance these business risks with legal risks to advise a company appropriately.
Continue Reading Crisis Management for Corporate Counsel
‘Tis the season when top in-house legal officers get a taste of what outside counsel go through every year when the Am Law 100 is published. There it is for all the world to see: “What’s in your wallet?” That’s because summer is the season when ALM, publisher of The American Lawyer, and the Association of Corporate Counsel drop their annual compensation reports on inside and outside counsel.
Continue Reading $how Me the Money!
Legal technology, information management, cost control and convergence move into the spotlight.
To celebrate our 25th anniversary, we are digging into the MCC archives for insights into the evolution and accomplishments of corporate counsel. Last issue, we focused on our inaugural edition. This issue we examine our first five years – 1994-98 – a period when corporate counsel were focused on building closer relationships with outside counsel, exemplified by the DuPont partner program. Our next four issues will tackle five years of MCC at a clip. Enjoy the trip.
Continue Reading Looking Back: The Search for Trust, 1994-98
The scope of corporate counsel duties has changed rather rapidly and drastically in the past decade. As companies have quickly begun to digitalize nearly every aspect of their operations, digital information has become the lifeblood and primary asset of nearly all business, in every industry, in every sector. Whether a company makes or sells widgets, transports goods or people, facilitates markets or financial transactions, or provides services of any sort, in the past few years it has also become an information business. The volume of digital information flowing through companies has also grown exponentially in this same short period.
Continue Reading Information Governance Insights: Taking Control of the Data Mountains