THE NEW RULES OF LAW
An OC&C Insight on Legal Spend Optimisation
Historically, legal has not been a primary lever of bottom-line improvement strategies. This is understandable given that the legal function is unique with its own language, culture, and objectives, and deciphering the nature and fair value of specific legal activities can be difficult for non-practitioners.
In THE NEW RULES OF LAW, OC&C advise that simply focusing on forcing legal providers to reduce their rates will not work. Procurement must lead the way by …
- better understanding the nature of legal spend
- aggressively pursuing efficiency
- focusing on quality, not just cost
... thereby gaining the confidence of the in-house legal professionals.
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