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#ilta11 #org7 fascinating that have 3 different firms on panel and all have taken 3 v. different approaches to LPM.

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#ilta11 #org7 Orricks seen real benefits as staff roles & processes get aligned with the AFA & LPM frameworks. All working to same goals

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#ilta11 #org7 (2 of 2) therefore McCarthy's recommend recording at Phase level rather than Task (leads to micro-mgt by client on hrs)

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#ilta11 #org7 (1 of 2) McCarthy's fee estimation rule of thumb: 1/3 will be over, 1/3 will be under, 1/3 will be bang-on

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#ilta11 #org7 using faceted metadata within full matter lifecycle to track budgets within LPM. cool.

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