Even many otherwise highly sophisticated CFOs and financial departments have a hard time estimating expenses and doing the fundamental accounting and bookkeeping they need to control costs and keep outside counsel appropriately reined in.
As much as they may not want to admit it, some general counsel find themselves in a position at times where monitoring and controlling outside counsel activity begins to resemble the proverbial difficult task of herding cats.
Law firms and legal departments may not typically have a reputation for being early adopters of technological advances. But to play in the game in 2017, it’s important by now to be taking advantage of the time-saving, performance-enhancing software that’s readily available.
Communication is a two-way street – and transparency is what drives communication to be the pathway to a successful relationship.
Certainly that’s the case when it comes to the relationship between outside counsel and inside counsel. Too often (in the corporate world) this can be a strained or even adversarial working arrangement, with suspicion, misconceptions, or unwanted surprises taking their toll. With transparency and clear communication, however, both parties can work toward the desired outcome – quality legal services performed efficiently for agreed-upon compensation – while avoiding potholes and pitfalls.