Have you created, or were handed, a budget but you don’t know where to start? Or, have you managed a budget for a while but want some other perspectives on what to look for throughout the year? Well this is the post for you. As I mentioned in my prior post about creating budgets, I have managed budgets for a long time in legal, operations, and other departments, as well as gotten input on this topic from many peers. Below you will find five of my top tips.
Have you ever prepared a great legal department budget only to find out three months into it that your company’s services group has decided to expand to Singapore? They want US personnel to assist in delivering the services by logging in to computers in Singapore. They also want to hire some local team members and move some over from other countries. Finally, they are servicing local companies so they need a new set of contracts. On top of all of that, they are launching in four weeks and IT, HR, and finance are all coming to legal to...
Ten years ago, legal operations were two unrelated words. I remember attending many an ACC conference where the discussion for legal departments centered on how to get a seat at the table with other business units within their company. Fast forward a decade and I would argue that most GC have succeeded in getting a seat at the table. With higher scrutiny on executives, heightened privacy requirements, and the ever present risk of cyber attacks, legal teams are now in regular conversations with executives and other departments. Now that they...
Co-authored by David Rostov
We often get questions from our clients about how best to select an electronic discovery vendor. Important considerations in this process are what questions to ask, how best to compare vendors and what are the important issues that are typically missed in the selection process. In particular, our clients often tell us that they sometimes struggle in the vendor selection phase to be able to best assess the quality and capabilities of a vendor. Given the challenges of choosing the right vendor, we often hear...