Menu
Log in
Forgot password
Log in



Learn. Connect. Anticipate. Join the movement to better buy legal services and legal technology.


2020 MARKET INTELLIGENCE REPORT: LEGAL SERVICES

The comprehensive market overview

                 Published: May 2020   Pages: 57


Our market intelligence report provides the most comprehensive insight into the legal category, helping you identify key sourcing opportunities, spend dynamics, and procurement best practices for legal services.

How to get the Report?


The Report is free for Members and Friends of the Buying Legal Council. Please email Doria to get your watermarked copy.


All others, please order the Report:

Price: US$ 1,500   




QUESTION OF THE WEEK

How is your organization dealing with COVID-19? Top 3 answers:

        1. Cut all non-essential costs
        2. Extension of payment terms
        3. Push non-urgent work to a later date


NEED TO KNOW:

CORONAVIRUS - LIKELY LEGAL CHALLENGES

As the COVID-19 coronavirus continues to spread across the globe, countless legal challenges are likely to arise.

Remain informed about the developments and gain practical insights with Bloomberg Law's CORONAVIRUS - IN FOCUS.

Our friends from Stroock have established a multi-disciplinary task force focused on coronavirus-related issues to provide proactive business guidance. Here are some of the insights:

Commercial Contracts

Business losses and disruptions tied to the outbreak may cause extensive contractual disputes in varied industry sectors. Many of these disputes will likely center on whether the outbreak constitutes a force majeure or other occurrence that may excuse a party from contractual obligations. Parties to contracts potentially affected by the outbreak should proactively analyze their specific rights and obligations, and seek guidance to formulate a comprehensive plan of action.

General Litigation

As the COVID-19 outbreak has the potential to lead to difficulties in numerous areas, it will likely give rise to varied disputes as debts go unpaid or contracts are terminated. Parties to potential disputes should assess their litigation risks and requirements in all areas in which they operate.


Employment

Employers may face expansive legal challenges stemming from the outbreak, affecting numerous aspects of their operations. These challenges may impact policies involving work from home, sick-leave and dependent care arrangements, or employer workplace safety obligations, or procedures governing employee relocation and jobs that require travel. The outbreak could create the need to revisit employee confidentiality and data-privacy needs as well, and employers should prepare for potential challenges involving labor relations and anti-discrimination laws.


Insurance

Virus-related business losses may raise numerous intricacies related to insurance coverage, and organizations should prepare for complex disputes as courts closely examine policy language. For example, supply chain-related losses can trigger claims for business interruption coverage, but those policies often require physical damage to cause the loss. Parties to insurance contracts should closely revisit their language and formulate action plans in light of the outbreak.

For more information, please click here and access Stroock’s Special Bulletin “Steps to Consider as Coronavirus Spreads”.

Please take the necessary precautions and stay safe!


Access the right tools to buy legal services

Benefit from the largest knowledge base of educational materials on buying legal services: Primers, Templates, "Cheat Sheets", Videos, Legal Lessons, Case Studies, Articles etc. 

Click on the tab "Toolbox" and explore!




Buying Legal® Market Intelligence Report Legal Services

Get the most comprehensive market overview. Our Market Intelligence Report provides insights into the legal category, helping you identify key sourcing opportunities, spend dynamics, and procurement best practices for legal services. Click here for more information


What can you do to increase diverse legal spend?

We asked several Diversity & Inclusion organizations.

Hear their answers. Click here


The BUYING LEGAL® COUNCIL is the international trade organization for professionals tasked with SOURCING LEGAL SERVICES and MANAGING LEGAL SERVICE SUPPLIER RELATIONSHIPS. 

We support professionals tasked with sourcing legal services and managing legal services supplier relationships through advocacy, networking, education, research, and information. More...

Who we are

  • We are the voice of the profession and promote the interests of legal procurement professionals and buyers of legal, alternative and ancillary legal services.

  • We serve as a catalyst in bringing together specialists from all industries and geographies buying legal services.

  • We support legal procurement and operations professionals through advocacy, networking, research, and information dissemination.

  • We advocate for the professionals and promote the value of legal procurement.

  • We keep members on top of legal market trends and legal procurement best practices.


Our Goals

  • Develop and deliver programs and products/services that provide high quality education to legal procurement professionals

  • Increase the visibility and credibility of legal procurement professionals and the Buying Legal Council through effective networking, partnering, and communications with stakeholders in the legal profession

  • Improve communications between members

  • Recruit and retain members who are actively engaged in the procurement of legal service



Upcoming events


BECOME A MEMBER

Access our members-only resources and tools such as Cheat Sheets, Primers, Videos, Templates, Webinars, and much more to enhance your legal procurement practice. 


                 




ALREADY A MEMBER? PLEASE LOG IN

Log in