To reduce costs, Fortune 500 corporations outsource
a wide variety of products and services outside their core competencies
(e.g., information technology, employee benefits). The corporate
self-insured litigation market is the last, large cost center where
outsourcing opportunities have been unavailable. Many large
corporations spend more on litigation than on most services and
products. Litigation is the only corporate activity where transaction
costs exceed all other costs.
DryStone Capital offers corporations the
opportunity to outsource litigation. DryStone focuses exclusively on
defending large portfolios of litigation, including employment,
personal injury, product liability, commercial and environmental.
DryStone offers a buy-versus-make alternative.
DryStone Capital resolves all lawsuits for a fixed
price, which includes both defense and liability cost, and is 10% less
than what it would otherwise cost. Using our own capital, DryStone
Capital creates a reserve to take the financial risk away and to
guarantee the savings.
For additional information on DryStone Capital litigaiton portfolio outsourcing, please download our executive summary.
DryStone Capital grew out of eLawForum,
a pioneer in techniques for competitive sourcing in the market for
legal services. eLawForum developed unique alternatives to the billable
hour that aligned outside counsel incentives for total cost management.
See below for additional background information:
Four-part Series by DryStone Founder & CEO John B. Henry published in The Metropolitan Corporate Counsel:
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Fortune 500: The Total Cost Of Litigation Estimated At One-Third Profits
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Part II The First Step In Reducing Litigation Cost: Widen Focus To The Portfolio With A Litigation Scorecard!
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Litigation Portfolio Risk Transfer
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eLawForum Litigation Portfolio Insurance
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