Moneyball Metrics: Inside Counsel’s Guide to Selecting a Litigation Dream Team

recording Moneyball Metrics: Inside Counsel’s Guide to Selecting a Litigation Dream Team

You Will Learn:

  • How legal analytics makes the outside counsel selection process more objective
  • How to apply data for a better understanding of the type of team you really need
  • Moneyball methods to help you identify firms that have the ideal knowledge and skill sets for your desired outcomes
Access the pre-recorded audio conference
$365.00
 

Imagine you could make a data-driven prediction about how outside counsel will perform.

What if you could anticipate a firm’s legal strategy or pricing? Would you continue to rely exclusively on your gut, referrals, or RFPs to choose your legal team? Or would you integrate analytics into the decision?

Smart counsel already uses sophisticated data sets for fee arrangements, so applying the same strategies to litigation makes perfect sense.

Just as Oakland A’s General Manager Billy Beane used data analysis to revolutionize baseball, savvy law departments are taking a data-driven approach to choosing outside counsel for litigation and other matters.

Learning Objectives

During this practical webinar, you will learn how to apply data-driven methods to the selection of outside counsel, and how to use cost-effective information gathering to reduce costs and resolve cases quicker.

  • How legal analytics makes the outside counsel selection process more objective
  • How to apply data for a better understanding of the type of team you really need
  • Moneyball methods to help you identify firms that have the ideal knowledge and skill sets for your desired outcomes
  • Methods to calculate the success probability based on criteria like jurisdiction, judge, plaintiff counsel and matter type
  • How to avoid ‘bet the company’ syndrome where you hire only the priciest/most prestigious lawyers
  • Which historical data will help you determine the best counsel for more repetitive matters like employment and product liability litigation
  • How to drill down for a better understanding of tendencies and behavior patterns of a firm
  • How data analytics can be used to define ‘value’ so everyone is on the same field

Product ID: 6703

Discover How Using Data-Driven Methods for Litigation Can Reduce Costs & Resolve Cases Quicker!

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Faculty

Jim Michalowicz
Jim Michalowicz
Senior Manager, Legal Operations Business Performance, TE Connectivity

James L. Michalowicz is the Senior Manager – Legal Operations Business Performance for TE Connectivity based in Berwyn, PA.  He serves as the law department’s leader for the company’s TE Operating Advantage and Extraordinary Customer Experience programs.  His areas of expertise include litigation management, eDiscovery, information governance and law department operations management.

Robert Taylor
Robert Taylor
Vice President, Senior Corporate Counsel & Manager, Liberty Mutual Group

Senior Corporate Counsel and Manager in the Legal Strategic Services organization. Legal Strategic Services is an organization that supports the Corporate Legal Department and the Strategic Business Operations. Manager of the Legal Ideation & Transformation group. The group focuses on Legal Innovation, Competitive Intelligence, Legal Project Management, Law Library, Knowledge Management, Legal Vendor Management and a range of other Litigation Management related issues.

Frederick Paulmann
Frederick Paulmann
The Counsel Management Group, LLC

Fred Paulmann (JD/MBA) is the founder of The Counsel Management Group, LLC, an advisory and data analysis firm dedicated to helping corporate legal departments and law firms achieve greater value with respect to legal services.  He specializes in Legal Department Operations, Preferred Law Firm Program Governance, alternative fee arrangements, and financial metrics / processes to improve performance.  Fred and his team have successfully served clients across the Fortune 500 list, as well as medium and smaller sized companies beyond.

Continuing Education Units

  • cle

    C4CM provides audio conference attendees with CLE credit processing services. To expedite C4CM processing your CLE request, please complete and submit the evaluation form available from C4CM at the conclusion of the audio conference. It will be necessary to enter the following information: name of each attorney requesting CLEs with full contact information, including e-mail address, bar number, and the state in which the attorney wants credits. Each attorney requesting credits must submit an evaluation.

    Please be advised C4CM audio conferences are subject to approval from each CLE issuing organization and approval is not guaranteed (state bar associations in Delaware, Indiana, Kansas, Ohio, and Pennsylvania do not grant CLE credits for audio conferences). The approval process takes approximately 6 – 8 weeks for most organizations but can take as long as 3 – 4 months. You will be notified via e-mail with the final status of your CLE application.

    Any person applying for CLE credits must attend the audio conference from start to finish (attendance will be taken for compliance reasons). Requests for CLE credits must be received no later than two weeks following the conclusion of the audio conference or live conference. CLE credits are not available for CD recordings.

    If you have any questions regarding CLE credits, contact Jill Adler at 631.368.2082 x 21 or jill.adler@meeting-matters.com.

Discover How Using Data-Driven Methods for Litigation Can Reduce Costs & Resolve Cases Quicker!

Order my recording now

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