Honeywell uses e-auctions to commission litigation matters

Katherine Adams, General Counsel at the New Jersey-based conglomerate, says that law firms were 'kind of shocked by this' when she introduced e-auctions as a way to keep down costs.

18 June 2015

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Although she says that costs are brought down by the mechanism, she says that the results are 'not grotesquely cheaper'. She explained to Business of Law Bloomberg the assumptions that she would ask bidders to make for a litigation matter - taking the case to trial, for example, with summary judgment motions and a number of experts. Honeywell is in the Fortune 100 and operates in a range of sectors from engineering to aerospace. Source: Business of Law Bloomberg