Corporate Counsel

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How to Manage Your Litigation Costs

The Corporate Counselor

May 12, 2008

Your company wouldn't stay in business for long if it sold a lesser product at higher prices. So, asks attorney Stewart M. Weltman, why should you accept that state of affairs when it comes to your litigation matters? It's not enough to set flat fees or create litigation budgets, says Weltman. In-house counsel must learn how to proactively manage their outside counsel -- in the trenches, so to speak. He offers this rule to live by in all cases, big or small: Litigation is a dish served lean.

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