5 Essential Tips for Managing Outside Counsel Effectively

As a general counsel, managing outside counsel can be a daunting task. With so many lawyers and law firms to choose from, it's easy to get overwhelmed. But don't worry, we've got you covered. In this article, we'll share five essential tips for managing outside counsel effectively.

Tip 1: Define Your Goals and Objectives

Before you start working with outside counsel, it's essential to define your goals and objectives. What do you want to achieve? What are your key performance indicators (KPIs)? By defining your goals and objectives, you'll be able to measure the success of your outside counsel and make informed decisions about their performance.

Tip 2: Choose the Right Law Firm

Not all law firms are created equal. When choosing an outside counsel, it's essential to select a firm that has experience in your industry and is familiar with your company's specific needs. Look for firms that have a proven track record of success and a reputation for providing high-quality legal services.

Tip 3: Establish Clear Communication Channels

Effective communication is key to a successful relationship with outside counsel. Establish clear communication channels and make sure that both parties are on the same page. This includes setting up regular meetings, providing timely updates, and being responsive to inquiries.

Tip 4: Monitor and Evaluate Performance

It's essential to monitor and evaluate the performance of your outside counsel. This includes tracking their billable hours, reviewing their work product, and assessing their overall performance. By doing so, you'll be able to identify areas for improvement and make data-driven decisions about their performance.

Tip 5: Foster a Collaborative Relationship

Finally, it's essential to foster a collaborative relationship with your outside counsel. This includes working together to achieve common goals, sharing knowledge and expertise, and providing feedback and support. By doing so, you'll be able to build a strong and effective partnership that benefits both parties.