Global Legal Services Market
Global legal services market:
1.What is the global legal market size? What are the factors driving the growth?
2.How do large companies centralize their legal spend?
3.What are the innovative industry practices adopted by fortune 500 in terms of cost saving opportunities and centralizing legal spend?
4.How are best-in-class companies framing their preferred supplier list (psl) strategy?
A.Different methodologies for implementing psl and their key features
b.Criteria used by companies for shortlisting the law firms
c.Number of law firms in the psl a primary law firms, secondary law firms and other law firms?
5.What are commercial models adopted by companies in contracting with the law firms?
A.Widely adopted fee models a pros, cons and areas of adoption
b.Cost structure of law firms
c.Discount opportunities offered by law firms and afas
d.Key terms to be included in the contract regarding the fee structures
6.Which are the top law firms? What are the widely prevalent engagement models with the law firms?
7.Case examples from leading fortune 500 cpg and pharmaceutical companies to support the above asked best practices, opportunities and trends.+5 Other Responses
Legal Services Innovation
We plan to conduct qualitative in-depth interviews with respondents to gain a market understanding of technology innovation in legal services market, as per the following criteria and scope:
•focus area: current or ex-employees in legal services/law firms who have knowledge of in-house technology platforms, which acts as a bridge between a law firm and corporate clients. The key features involve allocation of legal personnel, monitoring case data/ status and billing details of attorneys assigned, case priorities, and similar case history. Besides, it can provide a dashboard interface to monitor the progress and any data-driven insights to manage business risks
•study objective and scope of questions: to develop an understanding of technology related disruptions in the us legal services market. The questions will focus on market trends and innovations, key players and their products, any technology related disruptions, business models and process improvements, etc.
•preferred designation: experts with knowledge of such technology platforms, in areas of technology and operations, marketing and business development, and strategy
•duration of idis: 30–45 minutes per interview+undefined Other Responses
Legal Services Industry
I work for a market research firm serving global 1000 corporations. We are working on a project related to what are the different forms of alternative fee arrangements that fortune 500 companies negotiate with external law firms.We are currently seeking support from legal consultants for the following:-
1. What are the different forms of alternative fee arrangements that are being adopted by law firms for companies in the financial services industry?
2. Which are the advantages and drawbacks of each type of afa and which are the practice areas suited for each type of afa?
3. Case-studies of finance companies adopting different forms of afas
it would be great if you could tell us as to what extent and depth you can provide this information.+10 Other Responses
Legal Market Trend In Uk
Hello, we are currently seeking support from legal experts from uk for getting insights into the following questions:-
1) what are some legal market trends in uk ? (buyer and supplier trends)
2) what are the legal trends specific to companies which work in the public sector?
3) what are the ways in which best-in-class companies who work in the public sector are managing legal services? (managing government contracts and working as outsourcing service providers to government departments manage their legal spend)
4) what are the innovative best practices and cost-savings opportunities to improve efficiency of legal operations?
5) what are the ways in which organizations in the public sector are managing their legal spend? (processes adopted, regulatory impact, etc)
we appreciate your interest & look forward to your response. Thank you.+8 Other Responses