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The Educational Institute for Buying Legal Services & Legal Technology Education | Insights | Best Practices


How to use billing data to communicate more transparently and align on outcomes (EPIQ)

  • 6 Oct 2021
  • 11:00 AM - 12:00 PM
  • Eastern Time | Members & Friends automatically receive calendar invite and login/dial-in for this webinar.

Law firms and legal procurement frequently negotiate costs based on rates only.  While on the surface this may seem to control costs, it does not factor in the scope or value of the work being performed. Without a clear scope of work, rates may be lower but overall cost higher, leading to dissatisfaction on both sides. There is a better way using data from law firm/legal department billing systems. 

Using deep classification and data science, both law firms and legal departments can now classify in detail the work being done, and use that data to better inform their pricing discussions so that both sides can make better business decisions.

Join us as experts from law firms and legal departments share their journey to bring their data up to maturity, and how they use that information to define creative solutions when pricing new work.

With:

Jonathan Atwell (Tyson)

Peter Secor (Ropes & Gray)

Julia Lane (EPIQ)

Powered by EPIQ.