Creating a Legal Panel is one way to ensure you maximise value for money and obtain the best possible level of service from your external legal firms.
What is a Legal Panel?
A Legal Panel is a group of external law firms, lawyers or legal providers chosen by an organisation.
How many law firms are on a Panel?
There are no set rules for how many firms you have on your Panel.
The number varies depending on the size of an organisation and the complexity of its work.
What are the benefits of a Panel?
Firms usually provide incentives to be part of a Panel, as it is a guaranteed stream of income.
Incentives usually include discounts on rates, volume discounts, free and value-added services and secondments.