Canadian Lawyer InHouse

Dec/Jan 2010

Legal news and trends for Canadian in-house counsel and c-suite executives

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Jeffrey Carr, FMC Technologies, Inc. ACC Value Challenge at one year By Kelly Harris In-house counsel seem to have bought into the need for a new billing model, but just what does that model look like? J effrey Carr recently asked a room packed with in-house lawyers if they were using a value-billing sys- tem. The sometimes brash, often outspoken proponent of the Association of Corporate Counsel's value-based bill- ing initiative saw only about eight or 10 hands rise in the air. At most settings this may have seemed normal, however, the location where this question was asked was the ACC annual general meeting in October, one year after the organization began its seemingly all-encompassing initiative, the Value Challenge. The specific forum was called the "The Slow Motion Riot — Revolutionizing Law Department Cost Management," and Carr, vice president, general coun- sel, and secretary of FMC Technologies, Inc., in Houston, Texas was the mod- erator. INHOUSE DECEMBER 2009/JANUARY 2010 • 23 courtesy of the Association of Corporate Counsel

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