Trends in Legal Departments

After hearing about some of the trends inside legal departments during the first part of Viewabill‘s webinar last week, the moderator opened it up to all of the panelists for their thoughts. Since panelists included both those inside legal departments, and those in law firms, it was a fascinating look at the push and pull of their relationships. 

To remind you of who the players are: 

Panelists (corporate counsel):
Daniel Baker, Sr. Operations Lead, LinkedIn Legal
Connie Brenton, Chief of Staff/Director of Legal Operations, NetApp
Panelists (law firms):
Vincent Cordo Jr., Global Director of Client Value, Reed Smith, LLP
Peter Lane Secor, Director of Strategic Pricing and Project Management, Pepper Hamilton LLP
Michael Hourwitz, Chief Financial Officer, Venable, LLP

Moderator:
Robbie Friedman, CEO + co-founder, ViewabillContinue Reading Interplay Between Inside Legal Departments & Law Firms

On Monday, I listened in on Viewabill’s inside/outside counsel webinar – it was a long one (two and a half hours), so I’ll be breaking up my recaps by session to share with you.  I love listening to inside counsel speak about the dynamics of their relationships with their legal services providers, and there were some great thoughts shared by all sides in these sessions. 

First up is "Friends in Need." From Viewabill: 

Corporate legal departments are under increasing pressure to become ‘commercially aware’ and rise to the challenge of fulfilling the role of business partner, driving the company’s business objectives and risk profile. Inside counsel discuss their evolving role and what outside counsel can do to alleviate some of the pressure."

Law firms are also under pressure. Client value and legal sourcing teams are prominent in firms today; over 50% of the AmLaw 200 already employ a Pricing Director position to oversee project management. Stretched between serving as a resource for the firm’s clients while simultaneously battling internal resistance, law firms discuss how they handle the ‘new normal’ and ways clients can help bring about change."

Continue Reading Trends in Inside Legal Departments