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GLS Legal RFP Template Assistance™
Improve the quality of your legal RFP procedures
The Problem
Getting accurate, comparable and reliable quotes back from external counsel is not easy.
Related challenges include:
- RFP preparation is time consuming and seems to generate far too much work
- deficiencies in your RFP will impact the quality of the responses that you get
- getting quotes from multiple providers makes sense but it does compound your work load
- responding to multiple queries from multiple counsel is massively time consuming
- Law Firms include so much irrelevant material in their responses
- doing a straight line comparison across counsels’ quotations is all but impossible
- many in your business still succumb to “click bait” quotations with unrealistic assumptions
You know the quality of your RFP will drive the quality and efficiency of your external engagement – but the process is extremely time consuming. If only someone could take care of it for you...
The GLS Solution
GLS Legal RFP Template Assistance™ takes the headache out of getting objective, transparent, comparable and qualitative proposals from your counsel.
GLS Legal RFP Template Assistance™ improves the time, cost and quality profile of your external lawyers by helping you deploy world-class Legal RFP solutions.
GLS Legal RFP Template Assistance™ eliminates the inefficiencies that you encounter when requesting proposals for counsel by managing any:
- counsel clarification queries
- variations in proposal formats
- inconsistent assumptions
- translating vastly different financial proposals into genuinely comparable metrics
- scope creep/confusion
- delayed counsel responses
- delayed appointment confirmations
GLS Legal RFP Template Assistance™ will help you prepare world-class RFP requests to meet your desired timelines, yield high quality external counsel proposals, and thereby generate greater value and in less time.
Problem solved.
Solution Deliverables
| Legal RFP Template: | access the legal RFP template that is right for you. |
| Clear Deliverables: | each template focuses on setting out the precise format required deliverables |
| Qualifying Criteria: | GLS develops the right qualifying criteria for counsel to respond to so that a qualitative counsel choice can be made. |
| Value Transfer: | our templates identify reasonable IP harvest/value transfer that you should achieve as a result of the project. |
| Project Assumptions: | our templates standard assumptions that any external provider ought sensibly be able to rely on. |
| Project Efficiencies: | our templates ask providers to identify anticipated project efficiencies that law firms can observe to reduce pricing. |
| Click Bait Pricing: | our templates identify and prohibit techniques used by external counsel to offer attractive, but misleading pricing. |
| FAQ/Clarifications: | our templates provision for anticipated FAQs to reduce prospects of law firm clarification requests. |
| Response Structure: | Each template set out the required response format and order, thereby achieving quote review efficiencies. |
Solution SLA Options and US$ Pricing
| Column one | Column two | Column three | Column four | Column five |
|---|---|---|---|---|
| DELIVERABLES | Basic | Standard | Advanced | Complete |
| DIY Legal RFP Template | ✓ | ✓ | ✓ | ✓ |
| Common Legal RFP Template | ✓ | ✓ | ✓ | |
| Complex Legal RFP Template | ✓ | ✓ | ||
| Legal RFP Preparation Consultancy (10 hours) | ✓ | |||
| Price (excl. VAT) | $499 | $1,499 | $2,499 | $4,999 |
Pricing Comparison
| Big Law Review | US Rate | GLS Cost | Minutes |
|---|---|---|---|
| Partner | $850 | $499 | 0h 35m |
| Senior Associate | $640 | $499 | 0h 47m |
| Blended Rate | $520 | $499 | 0h 58m |
| Associate | $480 | $499 | 1h 00m |
| Junior Associate | $420 | $499 | 1h 08m |
GLS RPLV Legal Operations Score
This solution’s GLS RPLV impact score:
| Resource Status: | Specialist | Repeater | Formative |
| Ease of Implementation: | Complex | Average | Easy |
| Value Demonstration/Visibility: | Low | Medium | High |
| Productivity Leverage Profile: | Low | Medium | High |
| IHL Line Optimisation: | Single | Multiple | All Lines |
IHL Critical Function Optimisation Targets
This solution enhances performance across the following critical in-house functions:
In-House Legal: Critical Functions / Processes
General Counsel
Contracting
Compliance
Managed Service
Human Capital
Data Analytics
Legal Operations
Service Provider
Performance
Internal Client
GLS has identified 15 critical in-house processes/functions that are present in every world-class legal department. To learn what these functions are, their composition and how they interrelate to deliver efficient legal team performance outcomes - visit here.
