Why In-house Legal Departments Should Consider Outsourcing Certain Administrative Tasks
Corporate law departments are increasingly outsourcing legal work, a practice commonly referred to as legal process outsourcing (LPO). Legal outsourcing refers to the practice of outsourcing certain tasks to alternative service providers (in addition to outside counsel) to lower costs and improve efficiency.
Are Corporate Legal Departments Dragging Their Feet When Paying Their Law Firms, and if So, What’s Causing the Delay?
In the context of the lifecycle of a legal matter, the time it takes to pay an invoice is critical to a law firm’s profitability. Therefore, billing delays and unpaid invoices cost money and valuable time. However, when a law firm sends a bill to corporate counsel, it could be hundreds of pages long, cover multiple matters, and clock in at millions of dollars. So, shouldn’t it take time to review and pay these cumbersome bills? Experts say yes and no.
What’s Behind the Upsurge in Corporate Legal Departments’ Outside Spend?
Despite Pressure to ‘Do More with Less,’ Law Departments Still Hesitant to Negotiate Outside Counsel Rates
6 Ways to Control Litigation Costs Before, During, and After Trial
What Do Legal Spend Management Software Tools Get Wrong?
How to Recession-Proof Your Legal Spend
Do Law Firms Offer Discounts? Should Those Discounts Replace Invoice Review?
Why is Third-Party Bill Review Necessary?
Implementation of Outside Counsel Billing Guidelines
Should Procurement and the CFO Be Involved in Legal Spend Management?
Fostering Solid Relationships Between General Counsel and Law Firms
How Do the Courts Weigh in on Questionable Legal Billing Practices?
Is E-billing and Artificial Intelligence the Only Spend Management Solution for Cash-Strapped Legal Departments?
Legal Spend Management: How In-House Lawyers Can Cut Costs Without Sacrificing Quality
Renovate Your Bill Review Process
Unforeseen and Unbudgeted Legal Matters - How Can In-House Legal Departments Keep Costs in Check?
Five Questionable Legal Billing Practices That Are Increasing During the Pandemic