We offer first-class representation in commercial and commercial litigation with low-risk contingency fee agreements. This is an important consideration for companies that are not inclined to take legal action despite legally identifiable damages for fear of high litigation costs and uncertain returns. Pearson Legal, P.C. has achieved unprecedented results in representing plaintiffs in economic and commercial disputes. Nespoli recently spoke to Bloomberg Law about Pearson`s two-pronged strategy and the in-house legal operations team that she says makes it all possible. BL: How did you balance the operation of your legal team of more than 100 people with the integration of these new technologies and processes? Grant Fridkin Pearson offers comprehensive services to help clients achieve their goals. Our shareholders have all received the AV rating, the highest possible rating from Martindale-Hubbell – the standard for the legal profession. Whether you are an individual, a company, an entrepreneur or an institution, our experience and expertise provide you with advice and ideas to protect and manage against risks. Pearson PLC has tapped global law firms and an alternative service provider to cut its legal fees by nearly 25 percent in three years, according to the education firm`s legal director, Cinthia Nespoli. Danette Joslyn-Gaul takes over as legal director of one of the country`s top engineering schools after holding several leading positions in both the public and private sectors.
A Legal Ops team requires different types of expertise that you wouldn`t normally find in a legal function. For example, data analysts, software engineers, depending on whether you own the technology or outsource it. Therefore, you would have to go to the market and get it. Cinthia Nespoli: We see Morae as an extension of our legal department, of how we work together to make better use of technology, better use of data and become more efficient in the way we provide legal services. The Transaction Services Centre provides comprehensive revenue and expense legal services to Pearson`s business units in our US, UK and international markets. Initially, when we considered the TSC in 2018, Morae started making transactions for us. Now we are also studying not only transactional work, but also a different level of work than the Morae team. CN: We really looked at implementing the technology and integrating it into our legal department. It`s a journey, and the beauty of technology is that technology evolves. You`re never quite there.
There is always something new, better and different that can take you to the next step. I think we certainly have a team that invests in tracking technology trends and understands what`s out there in the legal market, so we can then judge if it`s going to be a good choice and a good fit for us. The Legal Ops team is something that has helped us envision a more digital legal future. Georgia Tech has hired Danette Joslyn-Gaul from educational publishing giant Pearson as General Counsel and Vice President of Ethics, Compliance and Legal Affairs. CN: We negotiated different rates in order to have the best possible deals for the company with the right mix of outside lawyers. The legal profession is evolving, as are the external companies we use. We are moving towards other fee agreements where we are trying to negotiate fixed fees for questions, caps and different formats to provide external advice. Our current technology landscape consists of a set of software applications used for demand management, business and expense management, contract management, legal retention, eDiscovery and data analytics, intellectual property management, corporate governance, entity management, compliance, privacy, knowledge management, and reporting and analysis. [Enterprise Software Company] Onit is what we use as the core platform for technology, and we have a license with Onit that is customizable. CN: There are many legal technologies out there, but it`s important to think that these things need to be done, and a legal operations team can really help you get there.
Recently, my predecessor created a legal operations team for Pearson. So, within the legal department, we have an integrated department responsible for technology, service level agreements, efficiency in how we do things in different ways, implementing self-service, and various technology tools to help us get through this journey. We have, of course, legal tracking tools, and then we have electronic invoicing that works with companies. We share technology with companies where we share reports, and they can also use our technology, and we can extract reports and case information. We are also looking at other technology tools from an AI perspective that we can use in contract clauses, databases and the like. Corporate legal departments are under pressure to reduce external legal fees. Companies want to pay for results, not time. Pearson Legal, P.C. can help in-house legal departments contribute to their business results by pursuing your high-stakes litigation with contingency fee agreements. We can also work with your business within a consensual fee structure tailored to the particular circumstances of your case without compromising the quality of your legal advice. BL: You`ve created panels of must-have law firms for day-to-day legal matters, a strategy that Honeywell`s legal department and others have also used.
How many panels do you have and how did you decide which companies would make them up? License our cutting-edge legal content to strengthen your thought leadership and brand. At Pearson Legal, PC, we fight hard for our clients` rights, both in and out of court. Together, our lawyers have expertise in a range of legal disciplines to ensure you get the best legal advice when you need it most. As a company, we have recovered hundreds of millions of dollars for our customers. Contact us today to find out what adding Pearson legal experts to your team can do for you. After a Harris County judge issued a final judgment of $20.2 million in favor of Shale Exploration, Matthew Pearson, representing the energy company, had time to reflect on what he did right to achieve this result.