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In-house Legal Departments

Corporate legal departments need to keep constantly abreast of the experience and capabilities of their outside counsel. Legal Monitor allows in-house legal and procurement teams to access detailed reports on specific law firms. 

With Legal Monitor tools you can pinpoint outside counsel with precisely the skills and experience you need to support your in house team and the developing needs of your business. It also allows you to assess and compare the partner resouces of different firms by region and practice area and gain a detailed understanding of the strategy of potential law firm partners and how that compares to your company's needs. Whether you are selecting a new panel or keeping up to speed with your industry you need to know:

  • Which law firms are active in your industry and the markets and geographic regions you are targeting?
  • Which partners have been involved in the most significant transactions in your industry?
  • Which firms have local legal capabilities particularly in your growth markets?
  • What are the most recent legal transaction activities of your competitors?
  • How do you create a law firm short list to request RFP's based on specific practice performance in relevant geographic markets?
  • What is the financial strength of firms shortlisted for RFP? Is there any risk of insolvency?
  • Have the partners in my panel firms moved to another law firm?