Research Contract Evaluations
“Your guidance and advocacy achieved a result far better than I ever thought would be possible.” – Partner, Law Firm
Research Contract Evaluation, Negotiation and Implementation
Acting as the main point of contact for vendors at every stage of the contract life cycle greatly reduces the amount of non-billable hours law firm members spend on vendor evaluation. RCC insures that the evaluation process is thorough, objective and responsive to the firm’s specific needs. RCC coordinates all elements of the contract process including trials and implementation strategy once a vendor is selected. Finally, RCC negotiates on behalf of its clients from a position of strength based on its deep understanding of legal research vendor’s business models.
RCC breaks the contract life cycle into four distinct sections:
Current State, Desired State, Vendor Engagement and Implementation
Current State Analysis:
Benefit:
Provides a comprehensive understanding on how firm is utilizing current plan, identifies gaps and redundancies, provides intelligence on price relative to current market.
Desired State Analysis:
Benefit:
Creates agreement on what future contracts should look like based on firm’s priorities and needs, maximizes chance to capitalize on vendor full product offering.
Vendor Engagement:
Define scope of tools and content, conduct discovery meetings, coordinate trial, define proposal parameters, negotiate and finalize contract.
Benefit:
RCC manages the entire process focusing staff on billable events, leverages RCC’s expertise and industry experience to provide access to the best content, service and tools at the right price.
Implementation:
Benefit:
Minimizes lost time due to learning new tools/systems increasing revenue, user satisfaction and adoption.