White Paper

Ensure Legal Invoice Compliance Without Compromising Outside Counsel Relationships

Relationships with outside counsel require careful management. A lack of clarity in shared objectives and the absence of a clear, overriding set of counsel guidelines can generate unwanted friction.
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White Paper Summary

Just as you find with any relationship, good communication builds a shared understanding. The outside counsel relationship is no exception. Establishing
and maintaining a clear dialog with outside counsel:

• Improves the transparency of legal costs

• Enhances efficiency in the flow of legal services

• Ensures that legal services remain inline with broader corporate objectives

Legal costs are an obvious and enduring friction point between a company and its outside counsel. Why? The basic, nuts-and-bolts reason often simply  boils down to a lack of shared understanding. Outside counsel will inevitably invoice for a wide range of services, some of them decidedly opaque to an  untrained legal eye.

It’s neither surprising nor inappropriate that there’d be a mismatch in how lawyers speak about these services rendered and business managers perceive their core business. But it is a communication challenge which your company needs to overcome.

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For more information on Quovant, please visit: https://www.quovant.com/.

At Quovant, we’ve spent 26 years analyzing outside legal spend and performance, so you don’t have to. We’ve turned millions of hours and billions of dollars of legal bill review into proven software and services that manage spending and spot new sources of savings. And because we know every legal and risk management team has different needs, you can choose from a turnkey cloud solution to manage your own legal spend and matters or tap our experienced team powered by proven technology to do it all for you.

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The R&I Editorial Team can be reached at [email protected]