Legal Spend Management
Identify Immediate Cost Savings Opportunities To Reduce Legal Spending
Strategies to Make Your Department Best in Class
Epiq has catalogued a library of over 50 top operations and spend management strategies drawn from our experiences across discovery, information governance, contracts, intellectual property, and legal operations. Our consultants will work with you to evaluate these strategies in the context of your legal department, and help you prioritise the initiatives that will create the greatest ROI for your organisation.
Use Legal Spend Management to Know Where to Save
Data Driven Insights that Drive Action
Nearly every legal department has savings opportunities in their legal spending. Our experts analyse your data to create a clear line of sight into what is spent and where cost savings efficiencies can be achieved. We leverage industry benchmarks to back your business case to leadership, so you can confidently communicate the business impact and measure your success.
Bringing Advanced Analytics to Spend Management
Drawing on our deep expertise in data science in Litigation, we’re layering machine learning and NLP into our spend management solutions, so we can enrich your data, pinpoint cost savings at a granular level, and help you analyse your spending against value rather than costs alone.
Legal Spend Management Solutions
Epiq’s complimentary Strategy Workshop is a collaborative session hosted by Epiq experts that will introduce new law department leaders to foundational cost savings strategies and will give mature legal department executives insight into cutting edge solutions.
Our Three Step Approach begins with a simple pre-meeting questionnaire to gather information on the current state of your department, followed by a 90 minute session to benchmark your department against industry KPIs and Epiq’s own data, and jointly develop a strategy document to prioritise your key transformational initiatives.