Legal Cost Optimization for Legal

Building an efficient legal function aligned with business priorities while focusing on legal cost optimization.

Limit or reduce internal and/or external legal costs
Ensure efficiency throughout the legal team and performance of the highest added-value services
Focus on the most critical and strategic issues for your company and de-prioritize non-essential projects
Identify the right “Machine versus Human” and “Make or buy” mixes
Build a strong and adequate budget (with cost-efficient mindset) and set guidelines to monitor legal spend evolution thoroughly

Creating a legal cost optimization roadmap with a clear identification of project outcomes and stakeholders responsibilities and priorities
Running a “push analysis” in order to reallocate legal tasks (“unbundling legal services”) in the most efficient and cost-saving manner, through 6 main axes: push down, push away, push out, pull in, stop it and digitize it
Benchmarking with “best in class” cost-efficient legal organization
Mapping and improving legal services providers selection and externalization process in order to optimize quality for cost
Setting and improving the right “Machine versus Human” mix and “Make or Buy” mix for the department
Defining prioritization areas and guidelines and setting a legal strategic planning through dedicated interviews with your main internal stakeholders and a planification tool
Analyzing budget (digital enabler, internal resources, external resources) and setting relevant budget KPIs and monitoring guidelines

Legal cost optimization roadmap: outcomes, timelines, priorities, roles and responsibilities
Unbundling legal services through a push analysis of legal tasks: push down, push away, push out, pull in, stop it and digitize it
Outside counsel and Legal service providers selection and externalization process and mapping
Legal projects prioritization
List of digital opportunities that will optimize costs and efficiency
Tailored strategic planning tool and internal stakeholders’ interview guidelines
Budget analysis and monitoring guidelines (with the relevant KPIs)
Budget planning and budget tool to monitor legal costs