Times are Tough: How Can Alternative Fee Arrangements Help Solve the Problem?

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Corporate legal departments are facing budget reductions for 2009. At the same time, 71% of NLJ 250 firms are raising rates. What can corporate counsel do to meet their budgets?

This lively roundtable discussion between general counsel, legal department experts and law firm counsel addresses how alternative fee arrangements can be a meaningful approach for cost control. In addition, moving certain types of work to regional law firms is an effective cost control method.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Pamela Woldow, Edge International | Attorney Advertising

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