Video Interview: Legal market, Susan Hackett, Georgetown Law | The Posse List

Legal market, Susan Hackett, Georgetown Law | The Posse List.

Reported by:  Gregory P Bufithis, Esq.    Founder,  ThePosseList.com/ProjectCounsel.com

The dramatic steps that law firms have taken as they adjust to market conditions reflect fundamental changes in their business model.   Susan Hackett, Senior Vice President and General Counsel of the Association of Corporate Counsel, believes that the only answer to this conundrum is to shift the emphasis onto the value of the response:  “‘The legal industry has become used to using time as the only way of measuring value, so we base fees and budgets on that, rather than on the importance of that work to our business.”

Learning about e-discovery also means that we must understand how the market conditions impact the project management of e-discovery

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