April 17, 2023 | Corporate Counsel
With the Economy on Edge, Lawyers to the RescueIt's no newsflash to report that we're in the midst of a significant economic downturn. That being said, here's an important message for businesses across industries and their general counsel: when the economy is in turmoil, lawyers and law firms can be a godsend, especially when companies optimize their legal spend to extract a maximum return on investment.
By Seth Darmstadter
4 minute read
September 15, 2021 | Corporate Counsel
Optimizing the Legal Spend: A Better Approach for GCsGiven the current state of law firm economics and the surge in demand for legal services, those in charge of corporate legal departments would be wise to reframe their fiscal mandates. Instead of looking to take a hatchet to their budgets for outside counsel, GCs should be focused on optimizing the legal spend and viewing their lawyers and law firms as assets to be leveraged. But how can GCs derive a return on their legal spend investments?
By Seth Darmstadter
7 minute read
April 28, 2020 | Corporate Counsel
A Lesson From COVID-19: Why Wait for a Crisis To Begin Managing It?To avoid the wrath now reserved for our elected leaders, company chiefs must be able to answer the following questions: In the face of a brewing mess that may be played out in public, when should crisis management begin (short answer, yesterday), and who should they turn to handle corporate calamities (well, it depends on severity)?
By Seth Darmstadter
5 minute read
Trending Stories