Legal service provider analysis.
Choosing the right lawyer or firm.
Having the right lawyer in your corner, with the right support and expertise behind them, can give your business a clear commercial edge. However, choosing which law firm or individual to work with can be challenging.
This has led to a tendency, particularly among larger businesses, to go for bigger and more expensive firms as a ‘fail safe’ solution, rather than the lawyer or firm with the right bench, expertise, experience and service delivery to meet your strategic goals.
Many organisations have implemented panel assessment systems as a more effective solution to the problem. However, these have limits, especially when businesses are outside their comfort zone; post-acquisition in a new sector; opening in a new jurisdiction; a joint venture in a new market; seeking funding through a new route.