Outside Counsel Guidelines

by Practical Law Litigation

A Standard Document that counsel can use to establish outside counsel guidelines, detailing policies and procedures that govern the relationship between a company and its external legal representatives. It addresses key areas such as legal fees, billing practices, conflicts of interest, budgeting, and diversity standards. This Standard Document underscores the importance of maintaining confidentiality and data security, setting expectations for preserving privilege and implementing access controls. It outlines criteria for staffing and supervision, promoting cost-effective delegation and the use of alternative legal service providers where suitable. Additionally, it covers the company's expectations regarding professional liability insurance and media contacts, requiring prior approval for public comments. By providing a structured framework for managing external legal engagements, this Standard Document aims to foster a cooperative and transparent relationship, ensuring alignment with the company's strategic interests and compliance with applicable laws and standards.