|

In-house
counsel's biggest headache
Used
with permission of the author:
Author: Jay Shepherd
jay@shepherdlawgroup.com
CEO — Attorney
Shepherd Law Group
Boston, Massachusetts, USA
www.shepherdlawgroup.com
20 November 2007
The
following article originally appeared in "Gruntled
Employees" at www.gruntledemployees.com
on 22 October 2007.
We
spend a fair amount of time whaling on other law firms for things
like hourly billing. But when a firm turns out a product that's
valuable and useful, we want to make sure the firm gets its due.
Ginormous (which should be a word) international law firm
Fulbright & Jaworski released its Fourth Annual Litigation
Trends Survey Findings last week, containing 52 pages of
illuminating and actionable information generated by in-house
counsel. Fulbright had an independent research firm survey 253 US
corporate counsel and 50 UK in-house lawyers on everything from
litigation costs and billing trends to regulatory matters and
class actions. And what did in-house counsel report to be their
leading legal headache? (Wait
for it ...) Labor
and employment cases. Surprised?
We're not. Oh, sure: securities litigation and patent litigation
and class actions get more airtime. But every company has
employees. (In a word: duh.) And if you have employees, you have
employment issues. According
to the survey, 51% of respondents listed labor and employment
matters as one of their greatest litigation concerns. Contracts
was next at 41% (and some of those no doubt include things like
noncompetes and nondisclosures). Regulatory matters (24%),
securities litigation (22%), and intellectual property (also 22%)
rounded out the top five of 16 categories (including
"other").
Similarly,
when asked about pending litigation matters, 43% cited
labor and employment cases as among the three most common types.
Contracts (34%) was the only other category to crack the litigation Mendoza
line
(20%).
At
a time when many large law firms are scaling back their labor and
employment departments, this area continues to keep corporate
counsel awake at night. Hmmmm ...
There's
a ton more data in the survey, which will likely lead to a few more
posts on this site. In the meantime, you can get the survey findings
free directly from Fulbright by clicking here .
(You have to give up some contact information, but I think it's a
fair trade.) You can then check out the detailed data here .
Fulbright has a detailed press release and summary here .
Other
blogs have also written about the survey. Check out Manpower's Mark
Toth's entry here ,
Carolyn Elefant's post on Legal Blog Watch here ,
and Holden Oliver's piece in What About Clients? here .
As
always, the moral is that lawyers should listen to their clients.
Short
summary
Industrial relations issues tops the US list for litigation
cases. Keywords
and relevant phrases
Contracts, downscaling, employment, industrial relations, labour
cases, legal problems, litigation, retrenchment.
|