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GLS Legal RFP Preparation Support™
Have GLS support the preparation of your legal support RFP
The Problem
You need help preparing an important legal RFP.
Related challenges include:
- RFP preparation is time consuming and seems to generate far too much work
- deficiencies in your RFP will impact the quality of the responses that you get
- getting quotes from multiple providers makes sense but it does compound your work load
- responding to multiple queries from multiple counsel is massively time consuming
- Law Firms include so much irrelevant material in their responses
- doing a straight line comparison across counsels’ quotations is all but impossible
- many in your business still succumb to “click bait” quotations with unrealistic assumptions
You know the quality of your RFP will drive the quality and efficiency of your external engagement – but the process is extremely time consuming. If only someone could take care of it for you...
The GLS Solution
GLS Legal RFP Preparation Support™ takes the headache out of getting objective, transparent, comparable and qualitative proposals from your counsel - expert GLS consultants pick up the “heavy lift” of preparing your next RFP.
GLS Legal RFP Preparation Support™ improves the time, cost and quality profile of your external lawyers by helping you deploy world-class Legal RFP solutions. We use our base legal RFP templates, our experts and diagnostic tools to ensure you develop precise, productive and transparent legal RFP requests that drive value add legal service provision.
With our support, we can help you eliminate the inefficiencies that you encounter when requesting proposals for counsel by managing any:
- counsel clarification queries
- variations in proposal formats
- inconsistent assumptions
- translating vastly different financial proposals into genuinely comparable metrics
- scope creep/confusion
- delayed counsel responses
- delayed appointment confirmations
GLS Legal RFP Preparation Support™ we will help you prepare world-class RFP requests to meet your desired timelines, yield high quality external counsel proposals, and thereby generate greater value and in less time.
Problem solved.
Solution Deliverables
| Legal RFP Template: | access the legal RFP template that is right for you. |
| Deliverable Diagnostics: | GLS can run deliverable diagnostic tools over your project to ensure that the critical skills and experiences of the service provider are identified |
| Pricing Guidance: | GLS can provide indicative pricing guidance to help frame your proposal |
| Clear Deliverables: | focuses on setting out the precise format required deliverables |
| Qualifying Criteria: | GLS develops the right qualifying criteria for counsel to respond to so that a qualitative counsel choice can be made. |
| Value Transfer: | we identify reasonable IP harvest/value transfer that you should achieve as a result of the project. |
| Project Assumptions: | we define standard assumptions that any external provider ought sensibly be able to rely on. |
| Project Efficiencies: | we ask providers to identify anticipated project efficiencies that law firms can observe to reduce pricing. |
| Click Bait Pricing: | we identify and prohibit techniques used by external counsel to offer attractive, but misleading pricing. |
| FAQ/Clarifications: | we pre-empt anticipated FAQs to reduce prospects of law firm clarification requests. |
| Response Structure: | we stipulate the required response format and order, thereby achieving quote review efficiencies. |
Solution SLA Options and US$ Pricing
| Column one | Column two | Column three | Column four | Column five |
|---|---|---|---|---|
| DELIVERABLES | Basic | Standard | Advanced | Complete |
| Access GLS RFP Legal Templates | ✓ | ✓ | ✓ | ✓ |
| Support Package (5 hours) | ✓ | ✓ | ✓ | ✓ |
| Support Package (10 hours) | ✓ | ✓ | ✓ | |
| Support Package (20 hours) | ✓ | ✓ | ||
| Support Package (50 hours) | ✓ | |||
| Price (excl. VAT) | $2,499 | $3,999 | $8,499 | $17,499 |
Pricing Comparison
| Big Law Review | US Rate | GLS Cost | Minutes |
|---|---|---|---|
| Partner | $850 | $2,499 | 2h 56m |
| Senior Associate | $640 | $2,499 | 3h 54m |
| Blended Rate | $520 | $2,499 | 4h 48m |
| Associate | $480 | $2,499 | 5h 12m |
| Junior Associate | $420 | $2,499 | 6h 12m |
GLS RPLV Legal Operations Score
This solution’s GLS RPLV impact score:
| Resource Status: | Specialist | Repeater | Formative |
| Ease of Implementation: | Complex | Average | Easy |
| Value Demonstration/Visibility: | Low | Medium | High |
| Productivity Leverage Profile: | Low | Medium | High |
| IHL Line Optimisation: | Single | Multiple | All Lines |
IHL Critical Function Optimisation Targets
This solution enhances performance across the following critical in-house functions:
In-House Legal: Critical Functions / Processes
General Counsel
Contracting
Compliance
Managed Service
Human Capital
Data Analytics
Legal Operations
Service Provider
Performance
Internal Client
Legal Tech
Knowledge
Co. Sec.
IP
Disputes
GLS has identified 15 critical in-house processes/functions that are present in every world-class legal department. To learn what these functions are, their composition and how they interrelate to deliver efficient legal team performance outcomes - visit here.
