Getting control of your legal spend: Using data to make better decisions

In-house legal teams are caught in a tight box on spend. While 78% say controlling costs is a top department priority, 66% report flat or decreasing budgets and 70% report a growing number of matters. Add to that the double-digit rate increases from firms in the last few years, and many departments are running flat out just to keep up.

However, companies with the right tools are using data effectively — both their own historical costs for matters and anonymized industry benchmarks — to find the right outside counsel at the right price for the right work.

Join us for this on-demand webinar, in which a panel of industry experts will look at the critical spend management concerns faced by legal departments today and how top departments are solving them.

Primary takeaways include:

• Getting actionable insights into rates before you see this year’s round of increases
• Managing matter pricing more effectively, including the use of requests for proposals
• Leveraging spend analytics to give matters to the right firms
• Focusing on outcomes rather than just costs
• Enabling data-driven decisions
• Comparing firms and attorneys' performance consistently