In-House Counsel and Litigation Reporting
Summary
This practice note discusses the reporting responsibility of in-house counsel when explaining an organization’s litigation matters to senior management and the board of directors. It addresses topics such as the roles of General Counsel, the Senior Management Team (SMT), and the Board of Directors (Board). It also includes budgeting considerations, fiduciary duties, both internal and external communications and the litigation risks and process. Finally, this practice note also discusses the selection of outside counsel and the formal process of Requests for Proposals (RFPs) of Legal Services.