ACC Releases New Digital Guide for Managing Legal Costs in Europe

  ACC Releases New Digital Guide for Managing Legal Costs in Europe

Business Wire

WASHINGTON -- April 18, 2013

The Association of Corporate Counsel (ACC), a global bar association
representing more than 30,000 in-house counsel, recently launched a digital
guide for the corporate counsel community on managing legal costs and outside
counsel relationships in Europe. The resource provides access to select
resources on any web-enabled device, including tablets and smartphones, and
sharing via social media.

The effort to control legal costs is now a global one. In particular, European
general counsel have increasingly focused on introducing commonsense business
practices. To that end, this new online resource, Guide to the ACC Value
Challenge in Europe, provides general counsel with tools for operating their
law departments and managing costs in a global business environment, and
highlights methods for optimizing legal resources within and outside the
organization.

The 75-plus-page guide is divided into two parts, which focus on creating a
successful foundation and identifying ways to effectively manage costs and
outside counsel relationships in Europe. The guide offers tools and resources
on defining strategies to create higher value, communicating in a cross-border
market, determining metrics, clarifying spending, enhancing available
resources, and setting the stage for implementing effective alternative fee
arrangements. Importantly, this guide also features anecdotes on managing
relationships, driving value internally and measuring success from top-level
general counsel and law firm partners from such organizations as BT Global
Services UK, Eversheds, HJ Heinz and others.

“ACC created the guide to assist both in-house and outside counselwith
improving legal service offerings and increasing efficiency,
whileworkinginthe changing European marketplace,” explained Veta T.
Richardson, ACC's president and chief executive officer. “By implementing
value-based fee arrangements,in-house counselare also able to better predict
budgetary needs and improve results.”

As a component of the ACC Value Challenge, an initiative launched in 2008 to
reconnect the value and the cost of legal services, the guide addresses
pressures placed on corporate counsel to expand business to wider territories
with limited resources and serves as a go-to resource for management. Links to
additional relevant ACC Value Challenge guides are embedded throughout the
guide. To access the Guide to the ACC Value Challenge in Europe, visit
www.acc.com/valuechallenge/europe.

About ACC Europe: ACC members in Europe are also members of the Association of
Corporate Counsel Europe (ACC Europe), one of ACC’s 54 chapters worldwide.
With more than 1800 members across Europe, ACC Europe offers a unique
pan-regional perspective on issues such as cross-border transactions,
conflicts of laws, and civil and common law comparisons to help members
address the needs of companies doing business in Europe. ACC Europe provides
extensive networking opportunities to further the understanding of
international legal practice and promotes cross-border interaction. By
in-house counsel, for in-house counsel.^® For more information, visit 
www.acce.com and follow ACC on Twitter http://twitter.com/ACCinhouse.

About ACC: The Association of Corporate Counsel (ACC) is a global bar
association that promotes the common professional and business interests of
in-house counsel who work for corporations, associations and other
private-sector organizations through information, education, networking
opportunities and advocacy initiatives. The association, which is celebrating
its 30^th anniversary, has more than 30,000 members in more than 75 countries,
employed by over 10,000 organizations, ACC connects its members to the people
and resources necessary for both personal and professional growth. By in-house
counsel, for in-house counsel.^® For more information, visit www.acc.com and
follow ACC on Twitter http://twitter.com/ACCinhouse.

Contact:

Association of Corporate Counsel
Marthea Davis, +1 202-349-1519
davis@acc.com
 
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