Why It Matters
Panels concentrate spend for better rates and consistency. Performance data from matter and spend systems helps legal teams review panel firms on evidence rather than impressions.
Legal Operations & Spend Management Companies
OnitOnit provides enterprise legal management software for matter management, legal spend and legal operations…
DiliTrustDiliTrust offers SaaS software for legal operations and corporate governance, covering board portals, contract…
WordsmithWordsmith is an AI platform for in-house legal teams to draft, review and research…
BrightflagBrightflag is legal spend and matter management software with e-billing and vendor management for…- PERSUITPERSUIT is a platform for running legal RFPs and managing outside counsel pricing and…
Streamline AIStreamline AI is a developer of intelligent intake, workflow automation and matter management software…
Related Terms
- RFP (request for proposal)
- A structured document asking vendors to respond to the same requirements, questions and pricing format so they can be compared fairly.
- Outside counsel guidelines
- A legal department's written rules for the firms it hires, covering staffing, billing, expenses, communication, security and, increasingly, use of AI.
- Legal KPIs
- The metrics a legal team uses to show performance, such as request volume, turnaround time, spend against budget and contract cycle time.
General information, not legal advice. Part of the Legal Tech Glossary, 173 terms in plain English.