Issue link: https://epubs.iltanet.org/i/83718
www.iltanet.org within the constraints of the arrangement to achieve predictability. Since there is no standard for LPM, Baker Donelson developed its own unique approach: BakerManage. BakerManage is tied to traditional project management principles and includes five easy planning steps which can be implemented to estimate the fee accurately. Step 1 - Identify the Scope of Services. The project plan for a legal engagement is typically codified in an engagement letter which outlines the scope in one sentence and identifies the timekeepers who will work on the engagement and their rates. In no other industry does such poor planning authorize a professional to expend thousands of dollars on behalf of a client. Rather, the scope of services should be the framework for tailoring the engagement for the client and should include the client's business need and the goals and expectations of the client with regard to timing and cost. The scope of services should also identify what should be excluded from the engagement or what is out of scope. Identifying what is out of scope requires the attorney to demystify all tasks necessary to perform the engagement so that the client can determine what tasks or services can be performed in-house or outsourced at a lower cost. Step 2 - Identify Stakeholders. Most engagement letters are the result of a conversation with one representative of the client who is typically in the legal department. Rarely is the business unit given the opportunity to outline their expectations with regard to the management of the engagement. This can leave a huge gap in the plan. A good LPM regimen encourages the evaluation of scope with all stakeholders who have an interest in the successful outcome of the engagement. Step 3 - Develop Tasks. Task list (or process 20 ILTA White Paper