Controlling Legal Spend and Eliminating the Fear that Surrounds It Was the Hot Button Topic of the Latest CFO Studio Executive Dinner Series Meeting

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SOMERSET, NJ – On September 10th, 2014, Christopher Santomassimo, Esq., General Counsel of Agfa Corporation and Steve Mullin, CFO or The Dallas Group of America, led a discussion on “Legal Spend: Controlling Costs and Eliminating Fear.” This CFO Studio Executive Dinner Series meeting was held at Highlawn Pavilion in West Orange, NJ, and it brought together finance and legal executives to share insights about minimizing legal bills while maximizing the value in their relationship with counsel. The evening was hosted by Real Estate Strategies Corporation and sponsored by WithumSmith & Brown.

 

Santomassimo and Mullins opened the discussion by acknowledging the disconnect that often occurs between lawyers and corporate clients. Many participants said this disconnect stems from experiences working with lawyers who are more concerned with billable hours and less interested in understanding their businesses and becoming a strategic partner. These issues ultimately can lead to a lack of trust on outside counsel. The attendees then discussed strategies for setting expectations with their outside counsel as well as addressing snowballing legal fees.

An article detailing this discussion will appear in the 4th Quarter 2014 issue of CFO Studio magazine.

Since the beginning of 2014, CFO Studio has hosted several Executive Dinner Series meetings moderated by such distinguished guests as Caroline Dorsa, EVP and CFO of PSEG; Irv Rothman, President and CEO of Hewlett-Packard Financial Services; Jonathan Stearns, founder of Stearns Associated Partners; and Hugh C. Welsh, Esq., president and general counsel of DSM North America.

The next CFO Studio Executive Dinner Series meeting will be held on October 15th, 2014. Claude Draillard, VP Finance of Dassault Falcon Jet will lead a discussion on “Global Sales and Supply Chain Optimization…The CFO as Chief Inspiration Officer.” To request an invitation, please contact Lorenz.Capalad@CFOstudio.com or phone: 732-868-0000 x118.

About CFO Studio
CFO Studio and CFO Studio Magazine deploy the best of new and traditional media to promote finance executives as business and strategy thought-leaders. Andrew Zezas is the host of CFO Studio and the Publisher of CFO Studio Magazine.

Visit www.CFOstudio.com to watch interviews with New Jersey area CFOs, with new releases every Thursday morning at 10:00 AM EST!

To read stories that have appeared in CFO Studio Magazine, or for subscriptions and advertising opportunities, visit www.CFOstudio.com.

Funding for CFO Studio and CFO Studio magazine is provided by Real Estate Strategies Corporation and select advertisers.

Real Estate Strategies Corporation provides corporate real estate advisory and transaction services to CFOs, General Counsels, Management, and corporate Boards in New Jersey and around North America.

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