For in-house counsel, it’s a familiar conversation: The CFO wants to know if XYZ law firm is really necessary, as invoices continue to grow.
The GC’s reflexive answer, of course, is “yes.”
But the question is not really whether an elite law firm is necessary. It is.
The right question is: When do we really need that law firm? What is the ideal process for identifying risks and mapping related legal matters to the most appropriate legal resources?
In this white paper, our friends at - Macro trends impacting the legal department
- The deficiencies of the traditional model for legal resourcing
- The ideal model: core-bench-firm (CBF)
- Building a CBF model: a five-step blueprint for GCs
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