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Recent Legal Studies & Business Ethics Inquiries

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Legal Service Industry

I would like to understand how corporations buy legal services from outside counsel. My specific questions are below: 1) what are the key performance indicators and service level agreements to be considered when sourcing legal services? 2) what is the supplier selection criteria that corporations should use when sourcing legal services? 3) what methodology or rationale is employed in ranking or tiering law firms based on practice areas? 4) what is the ideal supplier mix/ sourcing model that corporations should use when buying legal services? (mix between global and local law firms. No of firms in primary versus secondary segment)? 5) what alternative delivery models can companies look at apart from law firms (eg. Lpo, virtual law firms etc) and when should they be used? 6) in north america (us and canada) what is the breakdown of the fees by the type of job role - 1) partner 2) associate 3) paralegal. We need components like salary, overheads, bonus, profit. Looking to hear from those who are experienced in buying legal services and can answer the questions from a strategic sourcing perspective.

  1. Profile Picture

    sethuraman |Mr.

    I would be able to help you...

    1.9 Days Later
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    HADLEY |PRESIDENT

    Dear Sir or Madam: Thank you for contacting Haddon *****rding your inquiry into how corp...

    3.4 Days Later
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    Mike |Forward Markets Director

    We have an expert in your field of inquiry. ***** $ 165 per hour. 1 Hour Min. Billed in 1/4 hour i...

    7.3 Days Later
+4 Other Responses
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Legal Service Industry

Looking for experts who could advise on best practices in managing law firms and buying legal services. Need inputs on different metrics a buyer (a fortune 500 organization) can use to measure the performance of their law firm. How is the role of procurement shaping up in buying legal services. How law firms are driving their internal productivity. Looking to connect with experts who has good experience working with/for law firms. One who has worked as in house counsel in fortune 500 corporations. Inputs related to us market preferred.

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    Suzanne |President

    As former house counsel and a *****gement executive, I have managed outside counsel as wel...

    4.6 Hours Later
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    Kevin |Attorney at Law

    I was in-house counsel for a Fortune one hundred computer company for four years before starting my ...

    5.1 Hours Later
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    peter |Mr

    I would be able to give you all the information. Znote me to proceed further. Regards, peter...

    10.2 Hours Later
+8 Other Responses
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Legal Services Industry

Hello, i work for a market research firm serving global 1000 corporations. We are working on a project related to the legal services industry(legal consultants) and are seeking to have paid phone consults with multiple experts in this sector. We are currently seeking support from legal consultants for the following: an overview of how diversity works in large us law firms and what are ledes codes (legal electronic data exchange standards) 1) how is diversity being managed in us? 2) how do top law firms manage diversity? 3) what are the ledes (legal electronic data exchange standards) codes? 4) how are they being used as a standard way to bill for services? It would be great if you could tell us as to what extent and depth you can provide this information. We appreciate your time in our research and look forward to your response. Thanks

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    Bruce |President

    I have consulted with law firms on ethics issues for about 30 years. I have practice in and/or advi...

    3 Hours Later
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    Judi |Owner

    *****.ledes.org/Consultants.aspx...

    33.4 Days Later
+2 Other Responses
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Legal Services In Uk

Hello, we are currently seeking support from legal experts from united kingdom for getting insights into the following questions:- 1) what are the legal market trends prevalent in united kingdom? 2) what are the legal trends specific to companies which work in the public sector in uk? 3) what are the ways in which best-i-class companies which work in the public sector are managing their legal services? (managing government contracts and acting as outsourcing service providers to government departments managing their legal spend) 4) what are the innovative best practices and cost-savings opportunities to improve efficiency of legal services in the uk? 5) what are the ways in which organizations in the public sector are managing their legal spend? (the processes adopted, regulatory impact, etc) we appreciate your interest & look forward to your response. Thank you.

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    Stanislav |Managing Partner

    I am not a UK expert...

    2.3 Hours Later
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    Marcel |Managing Partner

    Dear Sir, We just have forwarded your request to our UK office. Soon the come back to me, I will inf...

    3 Days Later
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    Shaun |Director

    Hi My team have worked on a similar assignment. Can you clarify the full scope and deadline? Thanks...

    3.4 Days Later
+10 Other Responses
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Legal Services - Emerging Trends & Market Size

We are looking for sme who can help us with following data points - for legal services a. Market size: validating and including market size for legal services (outside counsel) and growth numbers for key regions - we have values for global, na, europe • need for africa, central america & copec, latam, apac (north) & apac (south) b. Industry trends: overall adoption % of following trends and also % of companies (fmcg, tech, etc.) adopting the key trends and examples of which companies 1. The rise of virtual law firms 2. Suppliers rationalization 3. Rise adopting in-house legal counsel 4. Audit firms moving into legal counsel in case you are willing to help, please drop a note and we can have a consulting call asap. Thanks, thomas

    +undefined Other Responses
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    Legal Service Billing Rate

    I am looking for expertise in the legal services (law firms) category with respect to the billing rates charged by law firms in belgium, switzerland and uk.  the questions are as follows: 1) what are the macro-economic factors that affect billing rates charged by law firms (like inflation rates, salary, cpi, etc). ? a weightage for each factor in relation to it's impact on billing rates? 2) what are the country-specific factors that have an impact on the billing rates charged by law firms? A weightage for each factor in relation to it's impact on billing rates.Geographical scope: belgium, switzerland and uk  thanks and looking forward to your response

    1. Profile Picture

      Simona |Financial Manager/Business Consultant

      Hello, deep knowledge within BPO,market analysis,I have completed similar projects , I am interested...

      4.2 Hours Later
    2. Profile Picture

      George |Special Counsel

      Dear Sirs, I'm specializing in optimizing & reducing legal costs & expenses incurred in connections ...

      4.5 Hours Later
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      Shyam |VP of Finance

      we contract legal services in these markets and can assist with this...

      5.3 Hours Later
    +8 Other Responses
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    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? A.Governance models b.Mandates examples 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 – 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 – 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.

    1. Profile Picture

      David |Partner

      My name is David Ellis and I run a specialist consultancy focused on the legal sector, working mainl...

      23 Minutes Later
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      Nizar |Client Service & Sales Director - linked

      Happy to take part. Europe, Asia and the US KNOWLEDGE and experience . 2 ***** including ...

      9.5 Hours Later
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      David |Paralegal

      I will provide a written report covering your Global Legal Services market inquiry. Please contact m...

      10.1 Hours Later
    +10 Other Responses
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    Law Firm Billing Rates

    I am looking for expertise in the legal services (law firms) category with respect to the billing rates charged by law firms in us. The questions are as follows:- 1) what are the macro-economic factors that affect billing rates charged by law firms (like inflation rates, salary, cpi, etc). ? a weightage for each factor in relation to it's impact on billing rates? 2) what are the country-specific factors that have an impact on the billing rates charged by law firms? A weightage for each factor in relation to it's impact on billing rates. Geographical scope: united states thanks and looking forward to your response.

    1. Profile Picture

      Simona |Financial Manager/Business Consultant

      Hello, deep knowledge within BPO,market analysis,I have completed similar projects , I am interested...

      2.1 Hours Later
    2. Profile Picture

      jeff |consultant

      There are three major macro factors that ***** primary impacts on billing ***** US law firms...

      6 Hours Later
    3. Profile Picture

      Shyam |VP of Finance

      Have done a ton of LPO contracts among others and can assist with this...

      7 Hours Later
    +6 Other Responses
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    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? A.Governance models b.Mandates examples 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.

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      Ayushmaan |A.V.P Client and Operations

      Got the points, need further discussion...

      6 Minutes Later
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      Howard |Managing Member

      I will be presenting for IACCM on this topic during their Ask The Expert weekly online seminar on J...

      3 Days Later
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      David |Partner

      I think you need to accept the proposal before I can invoice you...

      14.6 Days Later
    +5 Other Responses
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    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. •geography: us •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
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      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.

      1. Profile Picture

        Suzanne |President

        Good morning: I am a consultant in *****gement and have developed and implemented Alterna...

        3 Minutes Later
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        John |Senior Partner

        Thanks for your interest. I am Senor Partner of an ***** firm based in New York City wi...

        22 Minutes Later
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        Stephen |

        Thanks for the inquiry. I have been a lawyer in a major *****tice, inside counsel for a m...

        2.1 Hours Later
      +10 Other Responses
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      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.

      1. Profile Picture

        Lloyd |Senior Adviser

        Sorry, I'm a US lawyer live in Singapore and really don't know much about UK legal trends....

        1.8 Hours Later
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        Matthew |Partner

        Hi this may be something I can assist with, depending on budget and timescales. are you able to prov...

        3.3 Hours Later
      3. Profile Picture

        Shyam |VP of Finance

        Deep expertise in legal market trends inUK and european market and can assist...

        1.2 Days Later
      +8 Other Responses
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