Digitize and streamline existing processes for better decision making and more efficient legal operations.
Find out more about how this works:
Establish new legal panels using a streamlined and efficient RFP process specifically designed for the selection and management of legal panels and RFPs.
Not only does this provide an efficient and repeatable process, it also maintains competitive tension between your legal service providers.
Review and manage your existing legal panels and use past firm performance to enhance your team’s decision-making processes.
All tendering and matter data including pricing, scope, budget and evaluation is captured securely informing future engagement decisions.
Create a competitive, digitized, repeatable tender process allowing for the comparison of like firms with like, ensuring the right firm is engaged for the right matter every time.
Work with your firms to set and manage scope and establish pricing arrangements, including fixed fee, alternative fee and capped fee agreements, institute budget agreements and implement measurable, repeatable ongoing engagement processes and practices.
Create clear boundaries around what is in and out of scope, including identification of assumptions, control scope creep, track and manage change requests, and establish efficient approval processes prior to the completion of work.
Track actual spend, forecast spend and work-in-progress, control budget creep, and track and manage change requests at matter, law firm and client levels.
Forget excel spreadsheets and manual processes and manage your external legal spend in one secure location.
Designed to automate the data collection, collation and analysis process, data is captured through the procurement lifecycle.
With extensive reporting options on external spend, legal departments can also gain insight into working processes, provider relationships and performance.
The Lawcadia team have partnered closely with us to understand our requirements and service needs. The platform has helped us enormously in establishing and managing our legal service providers including better scoping of work, expense management and identifying opportunities for efficiencies and quality improvement. We expect to continue to drive improvements to our legal services operating model with the help of Lawcadia.
I have been using Lawcadia for a key infrastructure client and I find it is easy to use, and importantly, gives my client the information they need to manage scope and budget.
We’re about to start using this technology in conjunction with our claims system and will hopefully provide huge efficiencies and visibility for us from a claims management perspective.
With Lawcadia we have transformed the way we procure and manage our external legal services. I am very supportive of innovation that enables teamwork and collaboration, and that is certainly a benefit that Lawcadia brings.
A concise overview of the legal procurement lifecycle, benefits, change processes
and important tips and resources to get you started on the legal procurement journey.
Designed and built to comply with the most stringent global security standards, Lawcadia is ISO27001:2013 certified.
Platform implementation, training and on-going support is provided by a dedicated Customer Success Manager.
We provide a fast and professional on-boarding service so legal departments, law firms and other team members can get started right away.