MassMutual-Drinker Biddle Project Saves Over 12% Per Matter

MassMutual and outside counsel Drinker Biddle & Reath took a collaborative data-based approach to apply “hybrid” alternative fee arrangements to the insurance company’s disability claims litigation work in a project that reduced legal spend by more than 12% per matter in its first year.

The pilot initiative began in early 2018, when Springfield, Mass.-based MassMutual selected Drinker Biddle as its national coordinating counsel for these types of claims after an in-depth request for proposals. The project has paid off quickly and earned MassMutual’s legal department one of ten 2019 Value Champion awards from the Association of Corporate Counsel, one of ...