Benefits
What’s in it for you?
What you can do
What you can do, and what this means in practice
Reduce your legal spend
What this means in practice
- Optimise your law firm relationships through data-driven insights
- Drive best practice in selection and engagement – 16% cost reductions on average
- Empower front-line lawyers to make better-informed decisions quickly, agree budgets up front, and hold firms accountable
Effective panel management
- Capture all legal spend data in one place, whether at a global, local or cost centre level
- Understand the true costs of legal work, and identify opportunities for savings through consolidation or outsourcing
- Evaluate your relationships with consistency and transparency
Work more efficiently
- Eliminate the confusion of multiple emails, spreadsheets and documents, by interacting with your firms through a platform where everything is live, tracked and auditable
Drive best practice
- Ensure consistent adherence to best practice, across both your teams and your firms
- Hold firms accountable – for example, when it comes to responding to tenders on time, getting to a fair price quickly, and keeping you updated on budget progress for live matters
Deliver impact without friction
- Alacrity is cloud-based, secure and can be implemented in days without the need for IT resource
- Our customer success team is dedicated to ensuring that your experience of using the platform is exceptional
What’s in it for your law firms?
Benefits for Law Firms
Benefits for Law Firms, and what this means in practice
Long-term, mutually profitable relationships
What this means in practice
- Alacrity exists to enable long-term, mutually profitable relationships. Other legal technologies with a more adversarial approach (e-billing, reverse auction, and so on) negatively impact these relationships over time
- Instead, Alacrity helps firms to align their client relationship management plans to deliver the best result for you, at a lower cost
Exposing quality
- The Alacrity recommendation engine allows firms with a strong track record on our platform to quote for work which they may not otherwise have been aware of
- Firms that punch above their weight in terms of value, as measured through Alacrity, are rewarded through the platform
Deliver impact without friction
- Just as we prioritise ease of use for clients, we have taken care to make sure that onboarding law firms, as well as their user experience, is as frictionless as possible
- We do not require any integrations on the law firm side, and our processes are designed with all stakeholders in mind so that very often we save law firms time and money in communicating effectively with their clients
