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Clients want predictable costs, not surprises.
They want to pay for results not time.
They want to share the risk not bear it all.
They want to show the business how they deliver value.
Allocatur Consulting helps clients work with their lawyers to achieve greater value for the corporate legal spend and achieve demonstrable performance improvements.
We do this by using our unrivalled local experience of fee management, and our knowledge of the market, international trends and best practice.
For you as the client, predictability of legal costs is important, with flow on benefits to your internal budget. By managing these external costs, you are demonstrating good management practices.
Such management ensures the lawyer focuses on the big picture, objectives, strategy and results. If the ground rules are clear from the outset, the outcomes are far more likely to meet expectations and the relationship between lawyer and client is strengthened.
Steps can include:
- reviewing outsourcing practices
- establishing internal and external performance metrics
- establishing or reviewing legal panels
- developing engagement protocols, billing guidelines or benchmarks
- implementing value pricing arrangements
- implementing project managing techniques for large legal projects
The focus is on delivering a mutually beneficial, richer and stronger lawyer/client relationship.