Your law firm doesn’t have to spend an egregiously large sum of money for the services of appearance attorneys. These fill-in attorneys are certainly worth their keep yet that keep doesn’t have to take a massive chunk out of your firm’s bottom line. Let’s take a quick look at a couple strategies that will help you reduce the money spent on your appearance attorneys.
Focus on Efficiency and Cost Control
Some law firms have expanded to the point that their yearly external spending on legal services and appearance attorneys numbers in the millions. Such law firms are saddled with the bureaucratic burden of thousands of invoices every single year. In particular, law firms that stretch across several states, regions or the entirety of the country tend to have absurdly high appearance attorney bills. Even if your firm relies on appearance attorneys once or twice a week, there is the potential for the invoice data to accumulate to the point that it becomes an administrative and financial burden.
Paying appearance attorneys is only one part of the challenge. Processing the invoices and related data to coordinate service and compensate appearance attorneys is the other half of the battle. The challenge lies in maximizing efficiency and cost control in the context of paying appearance attorneys for their legal service. Invest the time necessary to closely analyze your firm’s legal spend data and you’ll have the information you need to make financially prudent decisions pertaining to the specific appearance attorneys worthy of representing your firm across posterity.
Though there is the potential for these decisions to be slanted by subjectivity based on the results of individual cases, you can objectify the review process by expanding the scope to include the entirety of the appearance attorney’s hearings on behalf of your firm. Perform an in-depth and honest review of each appearance attorney’s work for your firm and you’ll have the information necessary to select the cream of the crop for continued representation at reasonable rates.
Strive for Legal Spend Transparency
One of the best ways to see your legal spend with full clarity is to gauge the efficacy of your appearance attorney’s billing guidelines. Take a step back to obtain a macro view of your legal spend and you’ll be able to better identify opportunities for meaningful change. It is at this point that you can enhance approval workflows through automation and ongoing analysis based on facts as opposed to instinct.
Control Your Costs
Above all, what matters most is keeping your legal costs under control. Perform a cost-benefit analysis of sending an in-house attorney to nearby courts versus hiring outside counsel to do the work on your behalf. Rely on artificial intelligence to analyze your appearance attorney costs as well as other costs. Trim the fat based on this analysis and the stage will be set for you to maximize the efficiency of your in-house attorneys as well as your most trusted and reasonably priced appearance attorneys.
Data insights stemming from the prudent use of artificial intelligence provide invaluable legal spend analytics. These analytics clue you into potential savings as well as savings that are gradually realized after strategic changes are made. When in doubt, rely on the data to make decisions pertaining to retaining appearance attorneys and negotiating fair appearance fees.
Above all, don’t hesitate to pay slightly more to transport a trusted in-house attorney to handle a legal matter in another city or region. After all, your in-house team was hired based on merit as opposed to the mere geographical convenience provided by appearance attorneys.