Why It Matters
A well-run RFP keeps a technology decision focused on the problem being solved rather than on the best demo. Legal Tech Circle's Buyer's Toolkit includes an RFP template with a scoring sheet.
Related Terms
- Vendor security questionnaire
- A standard set of questions a buyer sends a software vendor about security, privacy, data handling and AI before signing.
- Pilot (proof of concept)
- A limited trial of a tool with real users and real work, with success measures agreed before it starts.
- Total cost of ownership
- The full cost of a system over its life: licenses, implementation, integration, training, administration, support and eventual migration.
General information, not legal advice. Part of the Legal Tech Glossary, 173 terms in plain English.