Valorem Law Group Announces Creation of Advisory Board
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Prominent Group of Legal Industry and Business Leaders to Advise Revolutionary Business Litigation Law Firm in its Efforts to Kill the Billable Hour CHICAGO--(Business Wire)-- Valorem Law Group (www.valoremlaw.com) is pleased to announce the formation of an Advisory Board that will help guide the firm as it continues to break new ground by practicing business litigation using fees based on value rather than on billable hours. The Valorem Advisory Board is comprised of ten members including current and former inside counsel, advisors to the legal industry, and business leaders. Its members are: * Cynthia Photos Abbott, Senior Litigation Counsel, Motorola, Inc. * Jason Brown, Assistant General Counsel, PepsiAmericas, Inc. * Jeffrey Carr, Vice President and General Counsel, FMC Technologies, Inc. * Susan Gallagher, Managing Director, Huron Consulting Group * Karen Klein, General Counsel, Kayak.com * Paul Lippe, Chief Executive Officer, Legal On Ramp * John Ray, Chief Executive Officer of Avidity Partners, LLC and Chairman and President of Enron Creditors Recovery Corp., formerly known as Enron Corp. * Gerry Riskin, co-founder of Edge International, consultant to law firms worldwide * Debra Snider, author, speaker, and former General Counsel of Heller Financial * Thomas Witt, General Counsel, Veolia Energy North America "We are thrilled to be able to announce the formation of the Valorem Advisory Board that includes such a distinguished group of professionals who have agreed to act in this important role," said Patrick Lamb, one of Valorem`s founding partners. "Having access to the Board`s collective wisdom and experience will help us further Valorem`s commitment to providing unique value to our clients." Interestingly, not all of the Advisory Board Members are clients of the firm. "We wanted to reach beyond our client base to learn from diverse voices in the business community about steps we need to take to make the Valorem model compelling to the broadest possible audience," said Nicole Auerbach, another of the firm`s founding partners. "The insights and advice we receive from the Advisory Board should help guide us to the next level of this exciting journey." Valorem (meaning "value" in Latin) Law Group, LLC opened its doors on January 2, 2008, but was a figment of the founding partners` imaginations much earlier. Formed by four partners who are self-proclaimed "BigLaw Refugees," the firm represents business interests in litigation and other disputes. The firm`s website (www.valoremlaw.com) declares "The Billable Hour Is Dead," and details the firm`s belief that alternative fee arrangements can provide clients with budget certainty and results-oriented discipline in any kind of litigation. The firm also provides its clients a "Value Adjustment Line" on every invoice, giving clients the ultimate discretion to adjust the amount of the firm`s invoice to match the value received. Valorem Law Group Nicole Auerbach Founding Member o. 312-676-5469 c. 847-414-8827 firstname.lastname@example.org or Patrick Lamb Founding Member o. 312-676-5462 c. 312-961-8026 email@example.com Copyright Business Wire 2009
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