Building an efficient legal function aligned with business priorities while focusing on legal cost optimization.
1. Your needs
- 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
2. Our solutions
- 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
3. Our deliverables
- 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
Contact us
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