Buying Legal Council Webinar: Successful Legal Vendor Management

Buying Legal Council Webinar: Successful Legal Vendor Management

LexisNexis® CounselLink® hosted an exclusive videocast webinar in partnership with Buying Legal® Council featuring professionals from Network Rail and Bank of America. They discussed the importance of legal vendor management and strategies for efficiently overseeing all vendors and mitigate risk.

Key takeaways:

  1. Benchmarks – What’s normal? How many legal vendors do clients in different sectors engage with?
  2. What’s critical – How do you manage preferred vendors vs. all other vendors?
  3. Risk management – Who’s responsible for managing vendor onboarding, risk, compliance, and fee negotiations?

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