In a piece from Joe Patrice, senior editor with Above the Law, outside counsel guidelines are forcing law firms to waste oodles of time on “meaningless make work.” Citing Aderant’s recently released “Law Firm Leader Survey on Outside Counsel Guidelines,” Patrice says that while the whole report is worth checking out, the outside counsel guideline issue can be summed in a short list of challenges respondents said they face in managing OCGs: clients use them to delay payment, they’re too complex, clients change the rules without telling firms, firms lose revenue while trying to comply, and TLDR – too long, too much info, didn’t read. Read more about the OCG time suck at Above the Law.
Published August 30, 2021.