Michael L Derry

Title: Michael L Derry: Innovator in Litigation Cost Management

Introduction

Michael L Derry is an accomplished inventor based in Bloomfield Hills, MI (US). He has made significant contributions to the field of litigation management through his innovative patent. With a focus on improving the efficiency and cost-effectiveness of legal processes, Derry's work stands out in the realm of legal technology.

Latest Patents

Derry holds a patent for a Litigation Cost Management System. This system provides modules for outlining the litigation process and establishing pricing variables for each step at the outset of a case. A case budget is generated, allowing outside counsel to manage the case based on the agreed-upon budget and process. When exceptions occur during litigation, outside counsel can electronically submit requests for new work to corporate counsel, which can then be approved or denied. The system also features point-and-click billing for immediate invoicing, eliminating the need for review by corporate counsel, as the work performed has already been approved. Additionally, statistical reporting offers corporate counsel real-time analysis of all cases in the system.

Career Highlights

Throughout his career, Michael L Derry has focused on enhancing the legal process through innovative solutions. His patent reflects a deep understanding of the complexities involved in litigation and a commitment to streamlining these processes for better outcomes.

Collaborations

Derry collaborates with Thomas J Foley, contributing to the development and implementation of effective litigation management strategies.

Conclusion

Michael L Derry's contributions to litigation cost management demonstrate his innovative spirit and dedication to improving legal processes. His patent serves as a valuable tool for legal professionals seeking to enhance efficiency and manage costs effectively.