FDIC Policies and ProceduresOutside
counsel retained by the FDIC must comply with the Corporations policies and
procedures, including the Outside Counsel Deskbook. The Outside Counsel
Deskbook as well as other important FDIC policies and procedures relating to outside
counsel may be downloaded from the FDICs Internet Home
Page, or may be obtained by contacting the FDIC (See Contact
List inside back cover). For example, outside counsel must prepare a budget at the commencement of
a matter and must submit detailed fee bills on a regular basis in accordance with the
budget. The FDIC pays outside counsel electronically. It requires outside counsel to provide
information necessary for this form of payment. The details of these and other
requirements, as well as the Legal Divisions billing procedures, are set forth in
the Outside Counsel Deskbook.
In the event of a conflict or inconsistency
between this brochure and other FDIC policies and procedures, or other documents governing
the retention of outside counsel or referral of particular matters to outside counsel, the
terms of the other documents govern. |