On Monday, my partner Nicole Auerbach and I announced the launch of ElevateNext, which will work alongside Elevate Services, a best-in-class law company. And with Elevate, we announced our collaboration with Univar, a Fortune 500 chemical and ingredient distribution company, to reduce its legal spend by 50%. Many have followed our time with Valorem. I… Continue Reading
Category Archives: Prevention
Subscribe to Prevention RSS FeedPrevention Is The Answer To The Question of How Law Departments Can Do More With Less
Posted in Client Service, Commentary, PreventionAccording to a survey of corporate counsel at large U.S. corporations reported by Law.com, nearly 70% of law departments expect their annual operating budget to be flat or decrease in 2017. Let me say that again—nearly 70% of law departments expect that annual operating budget to be flat or decrease in 2017. And we know… Continue Reading
Is Prevention the Next Important Step in Law Department Development Evolution?
Posted in Prevention, Trends and InnovationsWe created ValoremNext, in part, because we believe that prevention has to become the next focus for law departments. More with less is now the New Normal, but there are finite limits on the ability to do more without more. But if legal problems can be avoided in the first place, the amount of more… Continue Reading
Consulting? A natural way to share the many lessons we’ve learned over the years.
Posted in Client Service, Client Surveys and Audits, Commentary, Hourly Rates and Alternatives, Marketing, Branding and Sales, Prevention, Trends and InnovationsSomething interesting happened recently. Jeff Carr, Nicole Auerbach and I consulted with a client about how to improve the law department’s performance and save money. Shortly afterwards, Nicole and I consulted with a law firm about moving to alternative fee arrangements. The interesting thing was that we found ourselves enjoying being consultants. We found, in… Continue Reading
Valorem Law Group’s Press Release regarding Jeff Carr
Posted in General, People, Places and Blawgs, PreventionSeptember 8, 2015 FOR IMMEDIATE RELEASE Iconic General Counsel Jeffrey Carr to Join Valorem Law Group Chicago, IL – Jeffrey W. Carr, former General Counsel of Fortune Top 500 FMC Technologies, Inc. has joined the Valorem Law Group to lead ValoremNext, a platform designed to diminish the need for legal services by preventing problems before… Continue Reading
Prevention: The next step in the (r)evolution of law
Posted in Client Service, PreventionIn the beginning, we solved problems but did so inefficiently and unpredictably. That was Old Law. Most clients don’t like Old Law because they are under budget and performance pressure. Then we learned to be efficient and predict the cost of solving a problem. This was New Law. Most clients embraced New Law because it… Continue Reading