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Litigation Management Policies and Procedures July 1, 2015, Change Record Date Description 11×2013 Added provision that hourly rates for Associates should be no greater than 80% that of existing
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How to fill out litigation management policies and

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How to fill out litigation management policies and:

01
Begin by conducting a thorough assessment of your organization's current litigation process. Identify any gaps or areas for improvement that need to be addressed in the policies.
02
Define the objectives and goals of the litigation management policies. This may include minimizing risks, ensuring compliance with legal regulations, and optimizing the use of resources.
03
Involve key stakeholders such as legal counsel, senior management, and relevant department heads in the development of the policies. Their input and expertise can help ensure that the policies are comprehensive and aligned with the organization's needs.
04
Clearly outline the roles and responsibilities of individuals involved in the litigation management process. This may include legal staff, claims handlers, risk management personnel, and executives. Assign accountability and establish clear lines of communication to streamline the process.
05
Identify the various stages of the litigation process and specify the necessary steps and guidelines for each stage. This may include pre-litigation procedures, case assessment, discovery, settlement negotiations, trial preparation, and post-trial actions.
06
Incorporate best practices and industry standards into the policies. Consider adopting guidelines from reputable organizations or legal associations to ensure that your policies are up to date and reflect the current legal landscape.
07
Include provisions for risk assessment and mitigation strategies. Implement procedures for the early identification of potential litigation risks, as well as mechanisms for monitoring and addressing them proactively.
08
Ensure that the policies are clear, concise, and easily accessible to all relevant parties. Use simple and easy-to-understand language, avoiding jargon or excessive legalese that may hinder comprehension.

Who needs litigation management policies and:

01
Organizations of any size and industry that face potential litigation risks can benefit from having litigation management policies in place. These policies provide a structured framework for effectively handling legal disputes and minimizing associated costs and liabilities.
02
Legal departments within companies often require litigation management policies to ensure consistency and standardization in the way litigation matters are handled. These policies help align the efforts of legal staff and streamline the overall litigation management process.
03
Companies that frequently engage in litigation or have a high exposure to legal disputes, such as those in the healthcare, construction, or financial sectors, need well-defined litigation management policies. These policies help mitigate risks, protect the organization's interests, and ensure compliance with relevant laws and regulations.
In summary, filling out litigation management policies involves assessing the organization's needs, involving key stakeholders, defining objectives, outlining roles and responsibilities, and incorporating best practices. Such policies are beneficial for organizations of all sizes and industries, particularly those that face potential litigation risks or engage in frequent legal disputes.
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