Mergers and Aquisitions Task Code Sets
The goal of this toolkit is to facilitate communication between lawyer and client about the engagement’s deliverables, their respective fees and the definition of success. Ultimately the purpose of any task code set and any budgeting effort is to align the expectations of clients and their lawyers about the parameters of work to be undertaken by the lawyer. These code sets are suggestions on a methodology to achieve that alignment. They can and should be modified as particular circumstances or engagement warrant.
This toolkit provides ABA members with sample task code sets in order to facilitate the construction of matter specific work plans.
Increasingly, clients are requiring realistic budgets for legal engagements, and lawyers are being called upon to offer fee arrangements on a basis other than hourly rates.
It is the ABA’s intention that this toolkit continue to grow and be developed with additional templates and other resources. The current plan is to update this tool as new resources become available.
ABA groups have developed these templates for members’ use in developing work plans for legal service delivery and projections on estimated costs of those services.
Mergers and Aquisitions Task Code Sets
Task based billing codes for litigation were introduced by the ABA as an initiative of the ABA Section of Litigation, the American Corporate Counsel Association (now the Association of Corporate Counsel), and a sponsoring group of major corporate law departments and law firms coordinated and supported by Price Waterhouse LLP.
Read - MoreChair, Chief Practice Innovation Officer
Thompson Hine LLP (Washington, DC)
Director of Strategic Business Analysis
Cooley LLP (Reston, VA)
Chief Pricing Officer
Greenberg Traurig (Ft. Lauderdale, FL)
Project Manager
Fenwick & West, SALI Matter Category Standard Initiative, Ledes Oversight Committee (Mountain View, CA)
Shareholder/Legal Project Management Officer
Baker Donelson (Jackson, MS)
Principal
Analytic Law LLC (Boston, MA)
Partner
Eversheds Sutherland (Atlanta, GA)
Partner
Tache Bronis (Miami, FL)
Partner
Eimer Stahl (Chicago, IL)
Partner
Sills Cummins (Newark, NJ)
Partner
HahnHessen (New York, NY)
Partner
Payton & Associates, LLC (Miami, FL)
Partner
Snell & Witmer (Phoenix, AZ)
Senior Counsel
Johnson & Johnson (New Brunswick, NJ)
Director, Alternative Fee Intelligence and Analytics
Glaxo Smith Kline (Research Triangle Park, NC)
Chief Legal Strategist
Association of Corporate Counsel (Washington, DC)