How to Effectively Manage Outside Counsel as a General Counsel
As a general counsel, managing outside counsel can be a daunting task. Learn the best practices for setting clear expectations, monitoring performance, and managing conflicts of interest to ensure your outside counsel are working efficiently and effectively.
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As a general counsel, managing outside counsel can be a daunting task. With the increasing complexity of legal matters, it's essential to have a solid strategy in place to ensure that your outside counsel are working efficiently and effectively. In this article, we'll explore the best practices for managing outside counsel as a general counsel.
One of the most important aspects of managing outside counsel is setting clear expectations. This includes defining the scope of work, setting deadlines, and establishing communication protocols. It's also essential to have a clear understanding of the outside counsel's fees and billing practices.
Another key aspect of managing outside counsel is monitoring their performance. This includes tracking their progress, reviewing their work, and providing feedback. It's also important to have a system in place for resolving disputes and addressing any issues that may arise.
In addition to setting clear expectations and monitoring performance, it's also important to have a system in place for managing conflicts of interest. This includes identifying potential conflicts, disclosing them to all parties involved, and taking steps to mitigate them.
Finally, it's essential to have a plan in place for terminating the relationship with outside counsel if necessary. This includes having a clear understanding of the termination process, including any notice periods or fees that may be owed.
In conclusion, managing outside counsel as a general counsel requires a combination of clear communication, effective monitoring, and sound conflict management. By following these best practices, you can ensure that your outside counsel are working efficiently and effectively to meet your organization's legal needs.