Leveraging Outside Vendors in a Changing Legal Landscape
Richard Reade, UK General Counsel, ISS, Leveraging Outside Vendors in a Changing Legal Landscape
Michael Bell, Founder and managing principal, Fronterion LLC., Leveraging Outside Vendors in a Changing Legal Landscape
Due to economic realities, in-house counsel are being forced to address greater risk exposure and mounting legal requirements, using notably reduced resources. In the drive to do more with less, in-house counsel are changing their relationships with their outside counsel and leveraging a number of innovative strategies to deliver high-value legal services to their organizations.
With the upcoming implementation of the Legal Services Act, in-house counsels based in the UK have more options than ever to meet their legal needs. One of the most compelling options is leveraging outside and offshore vendors for legal and legal support services. A number of other innovative alternative delivery models are also becoming increasingly popular.
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