u |
The
experience of outside counsel in the type of legal work required to be performed. |
u |
The
geographic location of outside counsel. |
u |
The
capacity of outside counsel to handle the anticipated volume of work. |
u |
Whether
the fees or rates proposed by outside counsel are competitive in comparison to other
firms rates. Whether the proposed rates reflect discounts. |
u |
Whether
FDIC payments to the firm exceed or are approaching the limits the FDIC has established
for eligibility to receive new referrals. |
u |
Whether
provision of legal services by outside counsel would constitute or give rise to an actual
or potential conflict of interest or the appearance of a conflict of interest. |
u |
If the firm previously worked for the FDIC, whether
it has a verifiable reputation for competence, integrity, cost effectiveness and
cooperativeness. |