I’m back from a hiatus in my blogging after two months of traveling back East on family medical and elder care duties.
This blog, like my law practice, remains focused on a dilemma faced by business owners and executives:
How to manage legal and regulatory exposure where your attorneys (outside firms and in-house counsel alike) offer the specialized expertise in law that you need — but insert waste into their charges and staffing practices — and make little effort to prevent liability before it happens.
I first really understood this problem only after I was invited by a corporate client to leave the practice of law to be general manager of a division.
Litigation and regulatory demands soar. A hostile legal climate requires the highest standards of legal analysis and representation — with harsh consequences if you get it wrong.
“As you prepare next year’s [legal] budget, think beyond ‘last year plus five percent‘.”
Such a low bar on cost control and management no longer surprises me.
Because I’ve worked on both sides of the lawyer / client table.