Legal Services

Deep knowledge of firms, their specialization and processes and tools to help you optimize legal spending

Procurian® brings you experienced legal services procurement professionals and global insights into specialized legal firms, their capabilities and pricing to help you optimize this high visibility spend area.

High profile impacts and highly specialized supply markets

Global expansion, intellectual property and increasing regulations are driving needs for more specialized legal services to support your law department.  So that they can focus on driving the best legal outcomes for your company, law departments need insights into the best firms with specific skill-sets around the globe and help simplifying the administration and management of these firms – that’s where Procurian can help.

Procurian's Legal Services Solution

Procurian’s expertise in both legal services and procurement can help you provide insights, expertise, processes and tools needed to help your law department find and optimize spending with the right specialized firms by:

  • Applying dedicated legal services specialists with more than 20 years of experience from legal-intensive industries such as pharmaceutical, high technology and financial services
  • Using our knowledge of the market and firm specialization to provide insight into your relative position within firms and ensure the best fit to your organizations needs
  • Assessing your current and historical spend patterns, costs and regional market trends against our benchmarks by matter specialization, resource level, country and rate
  • Helping you effectively utilize matter management and e-billing systems and integrate your partner firms to achieve transparent and simplified billing and approval processes
  • Continuously monitoring your partner firms to identify process and cost improvements through analysis of billing data and performance metrics
  • Conducting relentless contract management, from developing best-in-class contract terms and conditions to automated contract management tools

Procurian's Experience and Capabilities for Legal Services

  • 55+ dedicated and seasoned veterans from large global organizations like Coca-Cola, Astra-Zeneca, Pfizer, Boeing, Microsoft and AIG
  • Deep expertise in developing and implementing innovative pricing models and fee structures
  • Extensive market intelligence gained from working across 30+ clients provides insights into resource utilization models, rates and best practices
  • Proprietary contract management tool provides detailed visibility into contracts and easy searching and reporting
  • Visibility into the category with over $3.30 billion in legal and professional services related spend and more than 483 annual projects

We have experience helping manage these legal services subcategories and more:

  • Litigation
    Corporate Law
    Bankruptcy
    Regulatory
    Tax
    Commercial Contracts
  • Intellectual Property
    Anti-trust
    Employment
    Acquisition & Divestitures
    Real Estate
    Product Liability

Results Delivered

Procurian has helped many law departments to optimize their firms and strategic legal supplier relationships, allowing them to focus on driving the best legal outcomes. Here are a few examples of the results we’ve helped our clients realize:

  • Mitigated client risk exposure and negotiated improved pricing position for a client’s Asia Pacific IP services team.

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  • Focused negotiation with law firms yields 25% reduction in blended hourly rates in outside counsel

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  • Strong executive relationship and market intelligence drive innovative revenue-sharing pricing model and 10% savings with incumbent in outside counsel

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