The titanic cost pressures on law firms and legal departments alike certainly reward new types of collaborations. In today’s new reality, the driving force is efficiency and its sidekicks: predictability, communication and risk reduction.
Corporate legal departments are demanding greater value from their law firms, and legal project management (LPM) provides the results that corporate counsel are seeking. Through the collaborative methods of LPM, clients and law firms build communication bridges that allow clients to understand the cost of their matters and to remain in the loop about any matter's progress. It's a win-win for all.
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