Large Organisations
Through Riverview Chambers and Riverview Solicitors we provide legal support to large organisations via panels, specific project work and/or representation in negotiations or court.
But our proposition goes beyond this traditional support model. We help General Counsel and FDs address core questions about quality, risk management, cost/benefit and measurement:
- What is the proper role of the in-house legal function in the business?
- How are in-house activities aligned successfully with the wider objectives of the organisation?
- How does the in-house team work effectively with panels to provide value and avoid duplication?
- How do you measure the performance of the in-house team, panels and/or other legal advisers?
- Is the in-house function delivering demonstrable value and cost-benefit?
- What is the right balance between internal and external legal support?
Every in-house lawyer and legal function we interact with is busy. But being busy does not always mean being smart. In-house lawyers will often admit that they’re working on matters that are ‘routine’, that would be better and more cost-effectively delivered by a strategic legal partner. But the panel relationship is only a partial answer to this issue. Too often it duplicates effort and cost, not only in its creation but also in its maintenance and operation.
That’s why we see panels as just a stepping stone to the next natural evolution of the market - legal advisory outsourcing.
The Riverview Law 'Beyond Panels' Model
The business case for legal advisory outsourcing varies from organisation to organisation depending upon where they sit in the evolution curve. For example, some organisations can by-pass the ‘building a panel(s)’ process completely by jumping to strategic outsourcing with all the benefits this brings. For most General Counsel the headline benefits are to be found in these areas:
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Transformation
It helps facilitate the transformation of the legal function from its ‘as is’ to the ‘to be’ future state.
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Performance
It promotes consistency and client service as well as supporting and driving business performance.
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Cost
It manages and reduces cost through fixed-price arrangements and a restructuring of the internal function.
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Impact
It's quick to implement and has an immediate impact operationally and financially.
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Measurement
It delivers comprehensive management information and reporting plus accurate performance measurement.
We believe we are leading one of the next big trends in the legal market. We’re confident that once you've experienced our approach and service model, from fixed pricing through to the quality of our lawyers and the power of our management information and reporting, we will develop a long-term partnership.
To discuss this model and/or to arrange an appointment for one of our Directors to visit and explain legal advisory outsourcing in more detail, please call 0844 257 6000