Managing Litigation Costs and Risk for Corporations

Share Article

New Seminar Shows In-House Counsel How to Lower Costs While Maintaining Quality. How to Cultivate Responsive and Cost-Effective Relationships Between General Counsel and Outside Legal Counsel

After all, even in the bet-the-company cases, the objective is for the company to survive the litigation.

Surveys reflect that more than 70 percent of in-house counsel are dissatisfied with their outside counsel, mostly because of the explosion of litigation costs. A recent Association of Corporate Counsel survey also reflects that more than 85 percent of in-house counsel believe their outside counsel are not highly efficient. Stewart Weltman, a complex litigator for almost three decades, will chair a program called "Managing Litigation Costs and Risk for Corporations." The program will take place on Wednesday, November 12, 8:30 a.m. -- 5 p.m., at the University of Chicago Gleacher Center, 450 N. Cityfront Plaza Drive, Chicago, and it is produced by Ark Group's Law Firm Management Division (Ark Group for more information).

"The days of unlimited litigation budgets, where no stone is left unturned, are coming to an end," said Weltman. "After all, even in the bet-the-company cases, the objective is for the company to survive the litigation."

Topics covered during the program include:
•Developing an optimal litigation plan as a means of reining in litigation cost
•Variations on the hourly fee (e.g. fee caps, fixed fees, contingency fees for both plaintiffs and defendants)
•Skills needed to best manage outside counsel
•Indentifying the "black holes" of litigation costs
•Case studies that prove litigation costs can be controlled with better results

The program will be co-chaired by Michael Rigney, Partner, Kelley Drye & Warren, LLP, and feature guest speakers including:

  • James Lucari, Managing Attorney, BP America Inc.
  • Doug Stevens, Associate General Counsel-Litigation, Aon Corporation
  • J.L. Novak, Assistant General Counsel, AOL, LLC
  • Terell Wallace Oxford, Partner, Susman Godfrey LLP

"Effecting lean litigation approaches not only lowers costs, it also optimizes results," Weltman says.

About Stewart Weltman:
Stewart Weltman has been a complex litigator for 29 years and recently formed the Weltman Law Firm (http://www.weltmanlawfirm.com) - a firm dedicated to assisting in house counsel and corporations lower their litigation costs while maximizing results in high-stakes litigation matters

About Ark Group:
Ark Group helps professionals and organizations work more intelligently by delivering reliable information and techniques that can be used to benchmark, develop and improve business processes and procedures. Their events are researched to ensure delegates learn the latest techniques.

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

THOMAS CIESIELKA

Stewart Weltman
Visit website