Cost-Saving Strategies for In-House Legal Departments: Panel Management, Rate Negotiations and RFPs
We know cost savings and legal spend management are top on the list of priorities for legal departments. Continuing our three-part article series covering key cost-saving strategies that legal departments should be looking at to protect the bottom line, in this second article you’ll learn about best practices for panel management, rate negotiations and RFPs. During our recent webinar, Basha Rubin, Co-Founder and CEO at Priori, Stephanie Wilkins, Editor-in-Chief at Legaltech News, and Carol Hopperton, Legal Chief of Staff at Vonage, provided insight into the potential impact of these strategies for members of in-house legal departments, including in-house lawyers and legal operations professionals. (You can also read Part 1 on staffing and work assessment.)