Is your outside counsel really a #1 draft pick? Firm executives might consider themselves like professional sports teams, stacking the deck with superstars. But can they defend asking clients to pay every partner -- every player on their team -- as if he or she were an MVP? Ketan Jhaveri, co-founder of Bodhala, shares a take [...]
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So far Cam Bennett has created 12 blog entries.
Bodhala: Helping you understand, predict, and manage your ever-increasing legal rates By Chris Bennett Our clients tell us every day about their challenges budgeting for outside legal counsel. Every year their law firms impose higher rates causing our clients to find more money to cover the increased cost. Law firms have historically had overwhelming pricing [...]
Discover how the “Hidden Staircase” can make a huge difference in your Outside Counsel Rates, Bodhala Rate Card Negotiation Series- Part 1Cam Bennett2019-12-16T01:58:43+00:00
Rate Card Season: Discover how the “Hidden Staircase” can make a huge difference in your Outside Counsel Rates It’s your not-so-favorite time of year again: it’s rate card season! Whether you are in the legal department or procurement, your frustration level is probably at an all-time high as you manually try to track your legal [...]
What we’re reading: Big Law advice doesn’t work when you ignore itBodhala works out of a WeWork, owned by the We Company. We get along just fine; it’s a good office space. In our early days, we even worked alongside founder and now-former CEO Adam Neumann in his company’s early flagship space.Over at the Wall Street [...]
Bodhala Explainer: What Your Outside Counsel’s Staffing Ratio Means for Your Legal Spend You trust your outside counsel to provide top-flight service for their premium rates. While you might think you know everything about how your legal bills come together, we're certain you don’t have full transparency of your spend. Bodhala provides insights into staffing [...]
Diversity in the Law: Giving Credit Where It’s Due At Bodhala, we enable our clients to make data-driven decisions that lead to more inclusion and promote corporate social responsibility by giving visibility to attorneys on diversity across firms and matters. Corporate Counsel editor Kibkabe Araya wrote over at Law.com, a thought-provoking piece addressing the status quo [...]
State Attorney Generals are on the Hunt for Bad Actors It’s an eye-popping figure: since 2000, the headline reads, more than $105 billion in fines have been paid by corporations under judgment after successful cases litigated by attorneys general across the states. Over at Law.com, writer Sue Reisinger highlights a report by the DC-based Good [...]
Smart Read of the Week: A New Direction for Legal Insourcing? Over at Law.com, Nicholas Bruch posits an interesting theory: the long term trends suggesting continued growth in corporate insourcing of legal work -- that is, hiring internally versus offloading work to outside counsel -- may not tell as complete a story as the trend [...]
Bodhala’s First Executive RoundtableOur team had a great night last Monday.Bodhala hosted its first executive roundtable on Sept. 17, 2019 at the Palm West Side.Joined by legal department heads from leading private equity and asset management firms, Bodhala co-CEOs Raj Goyle and Ketan Jhaveri led an executive roundtable discussion on the history, trends, and opportunities afforded [...]
Diversity in the Law: Leading the Way According to a Harvard Business Review poll, half of all diverse employees stated that they see bias as part of their day-to-day work experience. Approximately half of LGBTQ employees are still closeted at work. A preponderance of professional women said they wish their company gave them the tools [...]