Legal Spend ManagementOutside Counsel

Ways to Streamline Corporate Legal Processes and Manage Legal Spend Amid COVID-19

By April 8, 2020No Comments
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As a result of COVID-19, we’re faced with a number of uncertainties and are navigating circumstances we haven’t seen in our lifetime. Difficult financial decisions are being made, we don’t know how long the recession will last, and we’re all working hard to keep our employees and clients happy and engaged – remotely! Leadership can’t freeze up. We must be able to act quickly, decisively and be comfortable making changes. While we’ve heard muses such as, “every good crisis should be taken advantage of,” we want to be sensitive to the unique complications this may pose for corporate legal departments and their operations. While this is not an exhaustive list, we hope you’ll consider the following to ease the current pressures on some of your legal processes:

  • Optimize Your Remote Work Processes – As employees adjust to 100% remote work, there is no better time to consider streamlining your legal processes. LegalBill from Quovant offers legal teams everything they need and nothing they don’t – eliminating the cost and complexity out of managing matters, eBilling, legal bill review and reporting. This is a mature industry that is saturated with complex ELM solutions that are often time consuming, costly and difficult to onboard. They simply do not meet the needs of today’s small to mid-sized legal teams. LegalBill solves these issues. It’s a powerful cloud-based solution and built on our nearly 30 years of best practices. Best of all,  it’s delivered with clear pricing (How does $175/per user per month sound?), turnkey installation and immediate value for you and your team. Learn more here and take advantage of our 30-day free trial.

  • Leverage Legal Spend Analytics – With financial optimization top of mind, you’re likely getting creative on how to reduce expenditures across the board and mitigate fees and expenses that aren’t mission-critical right now. With everything that you and your team have on your plate, the last thing you need to deal with is the tedious demand of legal bill review. Getting a closer look at hours billed, the legal personnel conducting those hours, adherence to legal billing guidelines, and more will help uncover key areas of opportunity for cost savings and streamline your legal spend at a time where you may need it the most. The best part? All of this can be handled externally through our managed bill review program. Click here to learn more.

We’re confident your plate is full and budgets are becoming tighter. It’s important to be pragmatic, act quickly and stay optimistic about our future. Quovant can be helpful and highly relevant in this time of uncertainty. We would welcome the opportunity to demonstrate how our solutions and insights can be easily implemented in days to see improved staff morale, enhanced visibility and cost savings.

While there’s no playbook for COVID-19, we have one for your legal spend and law firm performance analysis. Please reach out to our team today for more information on how we can assist in your success, now and for the long-term. We’ll get through this together!