transcript   Transcript

The Rapidly Shifting Law Firm and Company Legal Department Relationship

Recorded on: Aug. 15, 2017
Running Time: 01:03:00

Full Transcript:



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After working for corporate legal departments for several years as both the General Counsel and Chief Operating Officer, Brackett B. Denniston, Senior Counsel and Michael R. Caplan, COO of Goodwin Procter LLP understand the value of collaboration, partnership, mutual understanding of risk, and long-term relationships. 

Please join Brackett and Mike for this One-Hour Video Briefing as they address how the relationship between law firms and corporate legal departments has evolved and where there is room to grow.  They will discuss key areas that are top of mind to both groups and how transparency and open communication can help create a better strategy for 2018 and beyond. 

Lecture Topics [Total time 01:03:00]

 Topics include:

  • The business of law and the practice of law, what that means in a law firm, and how law firms can partner with operations at corporate clients to differentiate service
  • Disruption across data and artificial intelligence, pricing, AFAs and cost efficiency, talent, structures and global operations
  • The shift in clients’ focus from cost pressure several years ago to the predictability of fees today
  • The concept of true partnership between in-house and outside counsel and its impact on staffing, project management and trust 
  • Key trends reflecting the demise of the up-or-out model and the disruption in governance    
  • The importance of shared project management on matter management, leverage, staffing, pricing, and scope and internal and external counsel responsibilities
  • Pressures at a law firm vs. pressures at a corporate legal department (similarities and differences)
  • Global operations and the rise of the legal COO as law firms have focused on partnering with the corporate legal departments not only on the practice of law, but also on the business of law

Brackett B. Denniston, III, Michael R. Caplan


Presentation Material


  • The Rapidly Shifting Law Firm and Company Legal Department Relationship
    Michael R. Caplan, Brackett B. Denniston, III
Speaker(s)
Michael R. Caplan ~ Chief Operating Officer, Goodwin Procter LLP
Brackett B. Denniston, III ~ Goodwin Procter LLP
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