Check out the ACC Value Champions for ideas and inspiration. These resources and workshops will help you and your department hone skills in driving value in legal spending.
Here are just a few of the ways you can improve the value of legal spending:
- Conduct data analytics to understand drivers of spend
- Send the right work to the right resource, internally and externally
- Converge law firms into a preferred panel
- Implement value-based fees
- Drive process improvement internally
- Implement knowledge management systems
- Leverage technology
- Use metrics to measure and drive performance against targets
