You can expect at least 2%-5% cost savings, which typically come from
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Controlling financial leakage |
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Improved administrative efficiency |
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Competitive tendering and quoting |
You can expect continuous improvement through
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Business process improvement - reduced cost of procurement, assessment and management |
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Allocation of work to better performing or better value lawyers |
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Agreed standard rate contracts or price caps for standard services |
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More stringent governance and compliance e.g. standard terms and conditions or financial approval limits |
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