The legal function of any business is unique with specific nuances and must be approached in a careful, well thought out manner. Legal services are largely specialized or personalized and are an atypical trade of technical legal expertise, interpersonal dynamics, risk and money. EY approaches legal transformation with a two-pronged methodology featuring both a sourcing event and an organization redesign to drive savings and adoption. The benefits of this approach include cost savings, increased compliance, increased legal coverage and improved visibility into both spend and volumes.

Topics covered in this session included:

• The benefits of undertaking a legal transformation in your business
• A two-pronged approach for driving improvements
• Key considerations and lessons learned through multiple client examples

 

Contributors: EY
Categories: 2017 Spring - Amelia Island, Summit Presentations
SRC Type: Contract Development, Contract Management, Sourcing, Sourcing Management