In the News
OCGs are Legal Contracts
Understanding the obligations outlined in Outside Counsel Guidelines (OCGs) is essential for law firms seeking to uphold their client commitments and streamline their operations. These guidelines encompass a range of critical aspects in the law firm-client relationship, spanning billing practices, conflicts of interest, confidentiality, data security, records retention, and privilege.
Beth Anderson, Director, Contract Solutions, Epiq: "Most OCGs will have detailed billing, payment, and expense terms. These can include requirements that the firm use a specific e-billing system, restrictions on the type of timekeepers who are allowed to work on a project (e.g., not allowing summer or first-year associates to bill on a project), restrictions on block billing, and provisions regarding rate increases and/or rate freezes. Understanding these billing restrictions and requirements is imperative to ensuring that firms are billing their clients fairly and not leaving money on the table."
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Epiq, Director of Communications & Public Relations