New regulations mean more legal and compliance risks for financial institutions.
And cutting corners on legal services can prove to be very expensive.
But there are things that enterprises can do to build strong legal capabilities, without breaking the bank.
A new GEP white paper — Procurement Strategies for Legal Services in Financial Institutions — explains how you can help build a competent legal function for your enterprise, while keeping costs under check. Learn how these procurement strategies have helped two leading financial institutions save millions on legal spend.
- Best practices for selecting legal services
- How to balance in-house and external legal expertise
- Choosing the right pricing models
It’s a must-read for procurement professionals in banking and financial institutions looking to deliver real strategic value to the business, beyond cost savings.