The Legal Broker London works as a trusted adviser that clients
can turn to for all their legal needs. Clients include
international and UK-based businesses, public sector organisations
and high net worth individuals seeking high quality legal advice in
the UK.
As legal brokers our database monitors pricing trends,
firms' track records of success and the competency of practitioners
to meet client needs. Using these insights, our team of
professional legal brokers work to identify and select appropriate
legal services providers for their clients, negotiating terms of
engagement that meet their client goals and budgetary
parameters.
The Legal Broker London can help in-house legal teams review the
suitability and value for money of their existing providers and
recommending firms to service specific situational needs which may
fall outside the competency of the organisation's existing panel of
advisers.
Likewise, where organisations lack in-house capabilities, we can
assist those executives charged with procuring legal services. Our
brokers navigate the legal marketplace to secure the best legal
provider for each client thus potentially reducing costs, managing
better outcomes and upholding each client's fiduciary duty to
shareholders.
The Company develops a solution for each client that enhances
their legal services and reduces costs through the following
process:
- Assessment of the client's requirements,
drawing upon a confidential and objective second opinion from a
legal expert;
- Market research of relevant firms to meet
the client's needs, based on the Company's comprehensive database
and market insight;
- Outreach interviews to establish a
shortlist of potential service providers, asking searching
questions in a structured and objective way;
- Feedback and recommendations to the
client in the form of an independent legal services review,
detailing the quality and quantity of service providers capable of
meeting their needs;
- Issue of tenders to selected firms to bid
for the client's mandate, using the most effective and efficient
systems;
- Selection, negotiation and engagement of
a suitable firm, using the Company's unrivalled knowledge of
alternative fee arrangements to achieve the best client outcome
without damaging the lawyer-client relationship; and
- Project management to ensure the chosen
provider delivers in a timely fashion and on budget, using The
Legal Broker London's systems and project management skills.