(This article was contributed by Domenick C. DiCicco Jr., J.D., M.B.A. C.M.A.P., head of legal strategy at AIG.)
The legal audit team (LAT) is critical to the competence of any litigation management and corporate legal function. The LAT function breathes meaning into litigation management guidelines (LMG), service level agreements (SLAs), and best practices (BPs). Too many litigation management programs amount to nothing more than the creation of LM guidelines, SLA, or best practices that have little or no meaning in practice. The LAT serves to make sure the company's litigation management program has real world impact.
A quality LAT also serves as a quality assurance check against the company's legal management policies and can serve to identify new areas of opportunities in the efficient delivery of legal services. The LAT's charge should be a review of compliance against the company's best practices and a value audit—that is, if the charges and time reasonable and equal to the value of the activity.
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