Pillars of a Successful Legal Spend Management Program

In Part Four of our series, we cover key tenets to consider when implementing a legal spend management program. Your team has done the legwork to understand efficiency gains and calculate potential cost savings, you’ve honed in on a vendor and your team is all on board with the idea. The final step is to put in place a clear plan to ensure the long-term success of your program.

Based on our experience implementing more than 300 legal spend management programs, here are 6 pillars of success we cover that you should consider.

Hold a project kickoff meeting
Consider your legal spend management vendor as part of your team
Make sure your billing guidelines are current and effective
Understand and outline your reporting needs
Have a plan to measure, discuss and improve
Plan for expansion

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