CLOC Ask The Experts: Become Data-Driven through Automation, RFPs and Change Management with Thomson Reuters

Rates are still going up: the recent State of the Legal Market report from the Thomson Reuters Institute shows that negotiated rates rose 6% in 2023, for the fifth straight year of major increases. In-house counsel are responding with better tools and more data to manage spending.  Beyond that, some are aggressively moving work to smaller or cheaper firms. 

But how do you ensure that you’re getting quality work and consistent outcomes when increasing efficiency? And how do you manage the relationship with those big firms that are now getting a smaller piece of the pie, but still handling your most important, bet-the-business work? 

Join us for a webinar with Thomson Reuters that will discuss both what data-driven matter pricing looks like, and how to get there. An expert panel will cover: 

  • Why RFPs are vital, and how to use them well. 
  • How automation can help price individual matters consistently. 
  • Introducing competition to drive cost and performance benefits. 
  • Using spend and outcome data effectively. 
  • Managing change within your department and with outside counsel. 
  • Making clear comparisons among hourly rates, AFAs and other options. 

Presented by

CLOC Ask The Experts: Navigating the Future: Executing Your 2024 Tech Roadmap presented by Wolters Kluwer

You’ve done the work, have a tech roadmap in place, and are now looking to put those plans in action in 2024.   This session will delve into critical aspects of a successful roadmap implementation, including: change management, the delicate balance between process alignment and technology integration, and the art of prioritization. Join Jennifer Mattson, Associate Vice President of Legal Operations at Nationwide, Stacy Lettie, Chief of Staff to the General Counsel at Organon, and Jeff Solomon, VP and GM, LegalVIEW BillAnalyzer  to hear strategies, best practices, and real-world examples to help guide you through the successful execution of your tech roadmap.