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Value mapping
Company B is a diversified business with subsidiaries in multiple regions. Some sites have an in-house lawyer others don't and it has become important to manage internal and external legal relationships. How does Lexwiser MS help?
Lexwiser MS will systematically help you identify who is placing what work where within the business, under what terms and for what purpose to present you with a map of where the real value and risk to the business lies.
Service identifies criticalities of key stakeholders and maps them against law firm costs and deliverables to identify where and how value is delivered to the client.
Service includes:
- Interview of key stakeholders in legal department and internal clients
- Value map of client needs
- Breakdown of law firm billings over previous year by client value map
- Interview with law form relationship managers
- Final value matrix and recommendations
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