Responsible and effective management of external legal costs is critical to the financial health of an organization. Implementing sophisticated outside counsel management programs improves cost control and predictability, increases operational efficiency, and enhances matter management.
Do we need to go to outside counsel, or can we handle the work in house?
Line lawyers submit a request to the appropriate departmental approval delegate to determine whether engaging outside counsel is necessary.
Can we identify the right firm to handle the work at the most competitive price?
Once approval is obtained, line lawyers may directly assign low-cost matters or conduct a competitive bidding process if a matter exceeds a pre-arranged threshold.
Are we satisfying all of our organization’s operational and risk requirements?
After a firm is selected, there are certain administrative tasks that need to be completed to ensure smooth matter management.
Are we being invoiced in line with agreed fee arrangements and billing guidelines?
On an ongoing basis, the outside counsel management team reviews invoices for compliance with:
We equip you and your team with the knowledge to successfully execute initiatives that contribute to the growth and competitive advantage of the business.
Pinpoint exactly where your legal budget is being overutilized and uncover hidden opportunities for savings, without adding administrative work for your team.
We analyze vast sets of raw, line-item billing data with our AI-powered tools to identify hidden trends and patterns across staffing, workflow and law firm billing practices.
Ensure every invoice from your outside counsel is audited for compliance and accuracy before payment, significantly reducing the risk of overcharges and freeing up your budget for strategic legal initiatives.
We scrutinize and audit legal invoices from law firms, ensuring accuracy of billing, streamlining review process, minimizing administrative burden, and ultimately reducing costs.
Achieve greater cost efficiencies, optimize processes, and increase effectiveness of services.
We assess and enhance your outside counsel management processes to ensure they not only meet industry best practices but also drive significant cost efficiencies and strategic alignment with your business objectives.
Streamline your entire outside counsel management process, reducing costs and enhancing service quality, while your in-house team focuses on strategic legal issues.
We design end-to-end OCM workflow and related governance policies and billing guidance and provide resources to facilitate workflow, including intake, approval, counsel selection, engagement, and spend management.
Success story
Requests for outside counsel processed
Aggregate estimated value of requests
Current projected savings
Length of initial roll-out period
through aggressive implementation and strong leadership support.
used to inform panel, engagement, and insourcing strategies.
from new levels of governance and discipline.
minimized unnecessary operational risk.
marked by improved internal communication.
identified savings opportunities in large, long-standing portfolio arrangements.
Activate the power of data across legal.
Delivering at the leading-edge of digital and legal
