Monday, April 21, 2014

Law firm advises how to cut legal bills

Crain's Chicago Business reports:
Companies are slashing legal costs left and right, with consultants lining up to show them how. Curiously, one of those consultants is a Chicago law firm: Seyfarth Shaw LLP.

The concept understandably has been a tough sell to some Seyfarth partners, and some general counsels are skeptical of its cost-benefit. Seyfarth has landed only a handful of known consulting clients, including Chicago's CNA Financial Corp., Nike Inc. of Beaverton, Ore., and Rockwell Collins Inc., a Cedar Rapids, Iowa-based avionics maker.

But 845-lawyer Seyfarth has high hopes for its out-there idea. Like Amazon.com Inc.'s drone-delivery scheme, it's got potential customers buzzing, burnishing Seyfarth's well-chronicled reputation as an innovator.
An article worth your time.