Manage Your
Legal Spend
When it comes to managing your organization’s legal spend, it’s important to set expectations with outside counsel clearly from the onset to avoid confusion and expensive surprises.
Manage Your
This in-depth white paper will provide some useful ideas and insights to help you get a better handle on your legal spend.
- Timekeeper Authorizations – Authorizing timekeepers builds accountability into your relationship with outside counsel.
- Billing Guidelines – The utilization of legal billing guidelines has become the norm in the day- to-day invoicing processes of law firms. General Counsel willing to enforce billing guidelines can increase savings and promote accountability of tasks billed.
- Alternative Fee Agreements – Managing legal spend when firms bill on an hourly basis can be challenging. Some companies are using alternative fee agreements (AFAs) to deal with these challenges.
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We’ve Seen Everything, So We Can See You Through Anything.
Managing law firms means managing spending. Yet to effectively manage and measure the work your firms are doing—and the dollars going out the door—you need to dive deep into every digit and detail behind every invoice. But who has the time and training to do it—and do it right?
At Quovant, we’ve spent more than two decades analyzing outside legal spend and performance, so you don’t have to. So we can help you beyond basic spend analytics to see exactly where you can save as well as what your firms are doing, who’s doing it best and where you can do better.
You’ll make informed choices, while cutting costs and complexity. And you can choose from our turnkey cloud solution to manage matters and spending yourself or tap our experienced team and proven technology to do it all for you.
