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Legal Services: Auditing Internal & External Counsel, 2nd Edition

There is ample opportunity for internal auditors to affect significant improvements in the efficiency and effectiveness of legal counsel. Legal Services: Auditing Internal & External Counsel, 2nd Edition, is a practical guide for conducting legal audits that quantify problems and help reduce high legal costs.

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By implementing techniques of auditing the legal process, internal audit departments can help both in-house and external legal counsel control and reduce legal costs and dramatically improve efficiency and effectiveness. An informative resource, Legal Services: Auditing Internal & External Counsel, 2nd Edition, provides internal audit departments with valuable techniques and perspectives.

This updated second edition offers perspectives on the following aspects of the audit:

  • Legal universe and related risks
  • Substantive testing
  • Analytics
  • Reporting
  • Control testing

By employing these methods, internal auditors can perform a legal audit within a reasonable amount of time while expending a moderate amount of resources. Included are audit checklists, key notes, and sample audit steps useful to internal auditors and anyone subject to an audit.

About the Author:

James S. Fargason has been a member of the auditing and legal professions for more than 25 years and has extensive experience auditing legal services, including legal departments and external law firms. He has worked with a variety of reputable organizations, including many Fortune 500 companies and large consulting firms. He has a degree in international and comparative law and currently serves as a full-time faculty member at Louisiana State University.

Item Number: 10.1197

By implementing techniques of auditing the legal process, internal audit departments can help both in-house and external legal counsel control and reduce legal costs and dramatically improve efficiency and effectiveness. An informative resource, Legal Services: Auditing Internal & External Counsel, 2nd Edition, provides internal audit departments with valuable techniques and perspectives.

This updated second edition offers perspectives on the following aspects of the audit:

  • Legal universe and related risks
  • Substantive testing
  • Analytics
  • Reporting
  • Control testing

By employing these methods, internal auditors can perform a legal audit within a reasonable amount of time while expending a moderate amount of resources. Included are audit checklists, key notes, and sample audit steps useful to internal auditors and anyone subject to an audit.

About the Author:

James S. Fargason has been a member of the auditing and legal professions for more than 25 years and has extensive experience auditing legal services, including legal departments and external law firms. He has worked with a variety of reputable organizations, including many Fortune 500 companies and large consulting firms. He has a degree in international and comparative law and currently serves as a full-time faculty member at Louisiana State University.

Item Number: 10.1197