There are certainly times when it is worth paying that premium for those names. There are people that I’ve known for years, and that I have a certain comfort factor with, and that know the company really, really well.
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JM: Some of this is you trust the relationships.
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Far from finding that a turnoff, I see it as a gutsy move by the type of risk-taker I want to do business with.īL: How do you decide when you staff a regional, smaller firm versus a larger, national one? A lot of them are former large firm associates, or even partners, who-for whatever reason, whether its geography, or quality of life, or smaller, mid-market clientele-wanted a place that gave them more flexibility in terms of rates and perhaps fewer conflicts. firms have tremendous people and a lot to offer, but there are plenty of smaller or firms or even boutiques that have incredibly talented people. The typical large, East Coast, New York, D.C. While there are times the magnitude and complexity of a case may mean a top tier firm is warranted, the fact is I can usually find the expertise and bench I need at a regional or boutique firm at a savings of one third or more. Joseph Moreno: I’m sure every GC cites cost as a top concern, and I am no different. This conversation has been edited for clarity and length.īloomberg Law: What’s one of the most important considerations when it comes to picking outside firms? He spoke with Bloomberg Law about looking beyond big East Coast law firms and the importance of making the legal industry friendlier to veterans. He has worked for the Justice Department and Federal Bureau of Investigation. Moreno joined SAP NS2 in May after nearly five years as a partner at Cadwalader, Wickersham & Taft. The Virginia-based company offers security solutions for corporate clients and government contractors.
#Sap ns2 salary software#
SAP NS2 is a subsidiary of SAP SE, an international enterprise software corporation based in Germany. We’re talking with general counsel across industries about how they select outside lawyers and handle issues like billing, fees, and tracking performance.
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#Sap ns2 salary series#
I think some of the larger firms are missing out on some fantastic lawyers because of that,” he said.īloomberg Law is conducting a Q&A series highlighting some of the legal industry’s most important relationships: the often fruitful but sometimes complicated connections between general counsel and their outside law firms. “You don’t know whether to hire them as a first-year or a fifth-year or an eighth-year or a counsel or partner. However, he doesn’t see these lawyers fitting easily into firms’ “very parochial” hiring systems. “What you get is some very, very talented lawyers come out of the Army or the other branches, having done some fantastic legal work in the courtroom, on the battlefield,” Moreno, a current member of the U.S. Changes in law firm hiring and pay structures could help more veterans enter the industry and make firms more attractive to in-house clients like SAP National Security Services, according to general counsel Joseph Moreno.