Category: #LegalFinance

ON #BAKERSDOZEN: LEGAL SECTOR BANKING EXPERT JAY BENEGAL OF CITIZENS

There is banking – and then there is banking for the legal sector specifically. Jay Benegal is a senior leader and ground-breaker in the field – with years of experience understanding and meeting the needs of legal clients. In a sector that is undergoing landmark change on so many levels, Jay Benegal of Citizens is a voice of experience. Here he tackles the infamous #BakersDozen.

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Expert Legal Insights: Efficient Document Reviews Help Argue Costs by Jessica Lockett of RICOH

Legal expert and HPC Contributor Jessica Lockett of RICOH takes a closer look at the Ernst & Young Inc. v. Essar Global Fund Ltd et al, 2017 ONSC 4017 (CanLII) Ontario Superior Court decision regarding the recovery of eDiscovery document review costs within the context of a bankruptcy proceeding under the Companies’ Creditors Arrangement Act (CCAA). While on the surface it may look like the Court attempted to liken apples to oranges by comparing the dissimilar outsourced review costs borne by each of the Applicant (“Algoma”) and the Defendant (the “Essar Defendants”), this is not the case.

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HPC Analysis: On Legal Costs And Expectations – The Road Ahead Calls For Confidence In Closer Collaboration

The best way to tackle a difficult subject is to understand it – and talk about it. Legal costs and expectations would seem to be a good example. We see some great conversations ahead and even stronger business relationships emerging as clients and their legal service providers engage around data, embrace change and realize the benefits of greater transparency in helping one another succeed.

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FOLLOW THE MONEY. DERMOT KNIGHT OF NAVIGATE LEGAL STEPS UP FOR THE INFAMOUS #BAKERSDOZEN CHALLENGE

We asked Dermot his thoughts on the greatest challenge facing law – his answer was succinct, powerful and timely: “Inertia. Innovation must go beyond buzzwords at conferences – there needs to be a transition from having an innovation strategy to living one. Those who act first have the most to gain – those that linger the most to lose.” You can read his interview here.

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