On average, organizations spend over five times more with traditional firms than other types of legal services providers: Survey respondents* spent $113 million annually with traditional law firms, $5.5 million with alternative legal services providers and $15 million with ancillary legal services providers. Big savings are also more likely when in-house counsel and procurement have a good relationship. Seventy-five percent of survey respondents develop sourcing and purchasing strategies for legal services, and 18 percent plan to do it. Again, this suggests that fewer and fewer (large) organizations leave legal services unmanaged.
* Buying Legal Survey 2018