Insights on outside counsel selection, law firm rate reviews, RFPs, and legal operations from the Justice Bid team.
CHICAGO, May 05, 2025 (GLOBE NEWSWIRE) — Justice Bid, the leading solution provider that delivers transparency and ROI in outside counsel selection by automating the RFP process, announced it has secured a strategic investment of $4 million from OnDean Forward, a new legal technology investment vehicle backed by Andrew Sieja and former executives from Relativity.
In the original story that kicked off this blog series, Procurement was able to help Legal avoid disaster from a flawed RFP process.
In our previous post in this series, we shared a story about Procurement’s skills and knowledge helping a Legal department in unanticipated ways.
One of the first law departments I advised did a great job of infusing into its regional legal teams the importance of reducing outside counsel costs.
Can Procurement be an effective collaborator in selecting outside counsel? Yes, but… First, a story.
According to the 2024 ACC Law Department Management Benchmarking Report, Legal Departments outsource nearly half (48%) of their work to law firms.
Nothing here yet under that filter.
