1. Preliminary Research: Conducting thorough initial research can reduce the need for extensive legal consultations. 2. Clear Communication: Clearly outlining the scope of work and expectations with legal counsel can prevent misunderstandings and unnecessary costs. 3. In-House Counsel: Larger companies might benefit from having an in-house legal team to handle routine matters. 4. Fixed-Fee Arrangements: Negotiating fixed-fee arrangements for specific tasks can offer predictability in budgeting.
