Legal Spend Management

Definition - (noun) 

A framework for the rules of engagement with law firms to help control cost and make sure you only pay what you owe

A legal spend management program is often the best way for self-insured organizations to keep legal costs under control and ensure they only pay what they owe on legal invoices.

That sounds great on the surface, but how can you even begin to predict the value of a legal spend management program so you can build the business case for implementing one?

Law firm billing errors persist for a number of reasons:

Simple mistakes

Unfamiliarity with billing guidelines

Sometimes, even over aggressive billing


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