Peer to Peer Magazine

June 2013

The quarterly publication of the International Legal Technology Association

Issue link: https://epubs.iltanet.org/i/139453

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lessons learned THE PRICING EXPERTS REFLECT ON THEIR INNOVATIVE ROLES Aggressive pricing and alternative fee arrangements (AFA) have changed and will continue to change the legal What is your background, and what department(s) did you work in prior to your current role? profession. Alternative fee and value arrangements offer our lawyers a competitive advantage that gives us the ability to lead the field through innovation, and we're becoming better businesses in the process. With this, the industry is witnessing the birth of a new set of roles within Vincent Cordo Global Director of Client Value at Reed Smith LLP I have led value services, pricing and matter management now for three global Am Law 50 firms. My background includes marketing, startups, financial management and service delivery. I have degrees in computer science and economics, and I have an MBA. Prior to taking on a pricing role, I led service delivery and consulting practices for several startup companies. law firms, with certain individuals now specifically responsible for not only pricing and ascertaining the economic feasibility of fixed-fee and other AFA My background is in marketing, financial management and technology, and I have a degree in economics. Prior to taking on a pricing role, I headed up knowledge management for an Am Law 50 firm. engagements, but also for managing the teams doing the work under those structures. Several leaders taking on roles related to pricing recently sat down to talk about these developments and the career opportunities that have emerged. Toby Brown Director of Strategic Pricing & Analytics at Akin, Gump, Strauss, Hauer & Feld, L.L.P. 112 Peer to Peer

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