Outside Counsel Rationalization

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The process of a company strategically reducing the number of external law firms it works with. This aims to improve efficiency, reduce costs, and build stronger relationships with key legal providers.
The company is undergoing outside counsel rationalization to streamline legal services and cut costs.

There aren't many legal cases directly related to this business practice.

Frequently Asked Questions

Reduced costs, improved efficiency, stronger relationships with key law firms.

Finding qualified firms that meet all legal needs, managing the transition, ensuring continuity of service.

Evaluate current legal spend, identify core legal needs, shortlist qualified firms, negotiate favorable rates.

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