Whos on the Clients Team: How Outside Counsel Get Picked Why They Get Cut Moderator: PENNY COBEY...
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Transcript of Whos on the Clients Team: How Outside Counsel Get Picked Why They Get Cut Moderator: PENNY COBEY...
![Page 1: Whos on the Clients Team: How Outside Counsel Get Picked Why They Get Cut Moderator: PENNY COBEY McKENNA LONG ALDRIDGE LLP JONI ARMSTRONG COFFEY.](https://reader036.fdocuments.us/reader036/viewer/2022081810/5a4d1b6a7f8b9ab0599b2a61/html5/thumbnails/1.jpg)
Who’s on the Client’s Team:How Outside Counsel Get Picked& Why They Get CutModerator:PENNY COBEYMcKENNA LONG & ALDRIDGE LLP
JONI ARMSTRONG COFFEY BROWARD COUNTY ATTORNEY
American Bar AssociationForum on the Construction Industry2012 Fall Meeting
TREY MOYEKBR, Inc.
THOMAS HILL GENERAL ELECTRIC CORP.
Plenary 2
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Outside Counsel Marketing
• What kinds of outside counsel marketing have you found to be most effective?
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Choosing Outside Counsel
• What are the most important qualities you look for in choosing outside counsel?
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Outside “MVP” Counsel
• Think of a long-term outside counsel relationship that has been particularly valuable to your firm. How would you describe it?
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Alternative Fee Arrangements
• How important are alternative fee arrangements to you in choosing outside counsel, and which have worked best for you?
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Communication
• Communication between in-house counsel and outside counsel is key. What works best, and what doesn’t work?
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Termination
• Think of situations where you decided to terminate the services of outside counsel. What led you to those decisions? How did the counsel respond?
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Lessons Learned
• Favorable word of mouth is key to successful marketing to inside counsel
• Substantive speaking and writing helps build favorable word of mouth
• Maintaining quality control over existing matters is as important to a firm as bringing in new ones
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Lessons Learned (cont’d)
• In-house counsel are accountable for performance, and expect outside counsel to be accountable as well – “you own the result”
• A terminated relationship may be salvageable, depending on the grounds for termination
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American Bar AssociationForum on the Construction Industry2012 Fall Meeting
Break…