CIO Canada’s ‘Quick Hits’ to Trim Legal Costs
A view from outside the legal industry, IT World Canada’s CIO Canada blog offers a couple of “Quick Hits” to help technology companies trim their legal costs. That section clipped here:
Legal Services: 1) Does your policy or are your relationships with Law Firms segregated according to the type of work and risk? Mid-tier firms charge up to 25% less than the large, national firms 2) Do you negotiate fixed professional fees for routine work? 3) Do you negotiate and cap administrative and incidental rates and fees?
Some interesting insights, on fixed fees, commoditization, market prices for routine work, and . . . [more]
