Ever wonder why general counsel fire outside firms?
A U.K-based market research firm put that question to a couple thousand in-house attorneys in 45 different countries. Out of the top five answers, three centered on the cost-to-value ratio and the other two focused on lack of client maintenance — one, particularly, on client maintenance when a key contact leaves the firm. The top reasons were published in American Lawyer:
• “They were doing a bad job: no results and a lot of invoices.”
• “Poor service. Lots of delay. When challenged, they were completely up front and just said [they] don’t have enough resources, which is pretty astonishing for an international law firm.”
• “It has to do with quality and price. We paid thirty or forty thousand euros, more or less for nothing. So, they had to go.”
•”The main client relationship [partner] left the firm. I find that often when partners leave, those firms neglect to contact clients to say we still want your business and we have signed a new relationship manager. They tend not to correspond with you. Yet the partner who leaves always contacts you from the new firm.”
•”There was a severe lack of relationship between what the bills were and what the value delivered was.”
So, here’s our question for you:
What are the main reasons you would fire outside counsel or have fired outside counsel in the past?
Leave a comment below or email me.
Need to Know:
- Telecom’s group general counsel quit.
- More shake-ups in News Corp.’s legal department.
- The University of California, Irvine School of Law will open an in-house counsel certificate program next summer.
- The former associate general counsel at GlaxoSmithKline talked about being acquitted of criminal charges last year.
- Everything’s bigger in Texas: general counsel compensation is up 11 percent in the Lone Star State.
- General counsels are increasingly sought out by CEOs for advice.
- Follow us on Twitter for In-House news and discussion: @TDRInHouse
- Want the latest on who’s been hired, fired or moving and shaking in between? Head to our Movers and Shakers page to find out.
- For networking events and other happenings this week in Maryland, check out our calendar of events.
- Get the very latest updates from our law reporters on Twitter: @TDRKristi, @Steve_Lash
- Check out The Daily Record on Facebook.