News release: “Over the past eight years, more in-house counsel have required specific terms of retention that govern what they expect from their outside counsel, according to the results of the 2008 ACC/Serengeti Managing Outside Counsel Survey, a collaboration between the Association of Corporate Counsel (ACC) and Serengeti Law, released at ACC’s Annual Meeting, October 20 in Seattle, WA. Gone are the days when in-house counsel send out major projects to outside counsel, pay vague bills “for services rendered,” and remain uninvolved while outside counsel do whatever they think is necessary. Seeking to find out how in-house counsel were managing the work being done by outside counsel, and to gather metrics regarding the management techniques being used, the annual survey collected objective data from in-house counsel to assess the methods undertaken to better manage their work with outside counsel.”