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Optimize Your Outside Counsel Spend

Streamline your legal billing with our comprehensive outside counsel billing guidelines template, tailored for in-house legal teams. Establish clear expectations, enhance transparency, and improve efficiency in your billing practices.

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2024 Q1 Business Spending Benchmarks

What you'll learn

Gain insights into setting clear billing protocols, alternative fee arrangements, and optimizing invoice submissions. Adapt these best practices to your unique organizational needs and elevate your legal department's efficiency.

Key findings

01

Detailed insights on proper invoice submission, including frequency, format, and necessary approvals, to ensure compliance and streamline processing.

02

Strategies on setting up and managing budgets for legal matters, including how to handle accruals and forecast legal spend accurately.

03

The importance of detailed billing entries to improve transparency and accuracy, and how to avoid the pitfalls of block billing to achieve precise cost management.