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Turning a Legal Department into a Profit Center

Mr. Speelman discusses how he has transformed the company's legal department into a profit center with an aggressive strategy to fight unwarranted lawsuits and pursue plaintiff actions in B2B disputes when appropriate.

21 minute read December 15, 2008 at 11:39 AM
By
ALM Staff and Law Journal Newsletters
Turning a Legal Department into a Profit Center

As the rate of litigation against corporations continues to increase, the majority of lawsuits are still settling out of court as large companies try to buy off their adversaries. Joseph Speelman, Associate General Counsel of Fortune 100 chemical company LyondellBasell, is a prominent exception to this trend.

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