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Inside Outside: How Businesses Buy Legal Services »

Book cover image of Inside Outside: How Businesses Buy Legal Services by Larry Smith

Authors: Larry Smith, Richard S. Levick (Foreword by), Richard S. Levick
ISBN-13: 9780970597052, ISBN-10: 0970597053
Format: Paperback
Publisher: ALM Publishing/ALM Inc.
Date Published: January 2002
Edition: (Non-applicable)

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Author Biography: Larry Smith

SMITH Magazine founding editor Larry Smith has worked as an editor at Men's Journal, ESPN: The Magazine, and Might. His writing has appeared in the New York Times, the Los Angeles Times, Popular Science, on Salon.com, and many other places. Larry lives in New York City

Book Synopsis

This analysis of how and why businesses buy outside legal services provides useful insights for businesses and law firms alike. In-house legal buyers at both Fortune 100 and new economy companies provide concrete examples of how some businesses have successfully and creatively restructured their in-house legal departments and their relationships with outside law firms. Included are many examples of firms that have successfully developed business and an examination of why other law firms fail at this important task. The subtle nuances that affect legal buying decisions and the impact of corporate globalization, law firm mergers, and the advent of multidisciplinary practice groups are also explored.

Author Biography: Larry Smith is a principal of Levick Strategic Communications and the author of The Business of Law. He lives in North Bergen, New Jersey.

Senior Partner, Holland & Knight LLP - Chesterfield Smith

A comprehensive analysis of the most important current developments in the delivery of legal services by large law firms . . . My strong recommendation: BUY IT AND STUDY IT

Table of Contents

Preface
Ch. 1How Buyers of Legal Services Think Today: Global Response to a Millennial Study1
Ch. 2Solving the Global Puzzle: Are Yesterday's Megafirms Tomorrow's Answer?63
Ch. 3Law Firm Networks: For the Right In-House Buyers, a Persistent National and Global Solution85
Ch. 4Value Selling: How Law Firm Marketing Helps Legal Services Buyers111
Ch. 5The Extracurricular Equation: How Lawyers Who Solve Non-Legal Problems May Revolutionize the Legal Profession133
Ch. 6Law Firm Accountability: A Review of State-of-Art Budgeting and Case Management Oversight151
Ch. 7"Convergence": The Decade's Dominant Inside/Outside Event171
Ch. 8How GE's In-House Revolution Changed an Inside/Outside Dynamic213
Ch. 9Beyond Convergence: How Law Department Culture Affects Corporate Legal Purchasing237
Ch. 10"Next Economy" Legal Buyers: What Fortune 500 High-Tech Corporations Expect from Outside Counsel285
Ch. 11Sharks and Little Fish: How New Economy Companies Hire Outside Counsel311
Ch. 12Woman to Woman: Does Gender-Based Marketing Work for Both Sides?335
Ch. 13Consultants: How They Help Law Departments Run Themselves, Hire Law Firms, and Manage Relationships355
Postscript: The Final Victory?375

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