“Cyber counsel can cost anywhere between $300 to $1,000 an hour. One major legal consulting firm estimates that the average cost of an initial breach consult runs about $8,600.”
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Said on Public Risk Management
Grit in the Boardroom - Executive Interviews on Corporate Governance and Risk Management · Persuasion in the Boardroom: Authority, Integrity and the Words to Avoid
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Provide chairs with counsel on how to present initiatives to cooperative members rather than dictating the initiative itself
“Cyber counsel can cost anywhere between $300 to $1,000 an hour. One major legal consulting firm estimates that the average cost of an initial breach consult runs about $8,600.”
“You went from those 30 or 40 initial clients ... now you have 316 members, basically 10x that”
“I almost invariably do this now is to have counsel produce ... speaking notes ... a guide map to exactly the way counsel is going to present their oral argument.”
“One column had less than 2 percent of the values populated, and it was initially assumed those don't bring value, but later it was realized ... downstream jobs started breaking”
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