Legal spend continues to rise, but industry experts have identified proven strategies to maintain control without compromising quality. This webinar provides actionable tactics from seasoned legal operations professionals at GEICO and OGE Energy Corp., based on real-world experience managing multi-million-dollar budgets.
Key Highlights:
- Data-driven cost management: Use audits, benchmarking and robust analytics to make informed decisions and justify spending to stakeholders.
- Strategic provider relationships: Diversify legal service providers, implement blended rate structures and negotiate multi-year engagement cycles for predictable costs.
- Optimized resource allocation: Leverage technology, restructure work distribution and implement vendor management programs to maximize value from legal spend.