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LexisNexis® CounselLink® hosted an exclusive videocast webinar in partnership with Corporate Counsel Business Journal (CCBJ) featuring customers from AstraZeneca,Humana, and Bon Secours Mercy Health. They discussed the importance of optimizing their vendor relationships and identified ways to continuously improve their rigorous vendor management programs.
Summary
Outside counsel relationships are vital to your legal department’s resources and service delivery. To build lasting relationships, it’s important to establish expectations and consistently measure your law firms’ performance against your expectations, while being mindful that communication and collaboration are the key drivers in increasing the value that you receive.
Key Takeaways:
- Top components of successful programs
- Ways to align with law firms on corporate core values
- Who to include in firm and vendor review conversations
- How to get a vendor management program started