In recent years, outside counsel guidelines (OCGs)
have expanded so much in scope and complexity
that law firms often find themselves in a treadmill
of playing “catch up.”
Many firms still lack a central repository for clients’ OCGs and other client engagement terms — and
even the ones that do often find it challenging to
track every component. We often hear from firms
that negotiating and managing OCGs and enforcing compliance can feel like an “all or nothing” mountain to climb, but it doesn’t have to be.
This article explores how firms can start small in building more systematic OCG compliance, drawing on the experience of an Am Law 100 firm that has been successful in taking an iterative approach and demonstrating clear ROI along the way.
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