Source: Manila Times
Priori, the leading legal technology platform for outside counsel selection and management, announced the official release of Priori RFP, a new software solution that streamlines the RFP process for corporate legal departments. Following a successful trial period that included participation from more than 500 law firms, Priori RFP is now available as a standalone solution or as a complement to Priori Panel Management (formerly Scout).
Priori Panel Management includes over 60,000 lawyer profiles with thousands being added every month, reducing the time to value for legal teams looking to implement or streamline their panel management programs. Using Panel Management’s configurable panel categorization workflow, legal departments can highlight key data and increase panel utilization, strengthening law firm partnerships and driving efficiency and cost control. Adding RFP into Panel Management makes it easy for teams to submit proposals to panel firms, track responses and analyze them alongside historical performance data through dashboards and scorecards.
“RFP is an exciting addition to Priori’s panel management capabilities, which Hearst has been leveraging to find the right attorneys for projects and to manage scorecards and rate review process,” said An Trotter, Senior Director of Operations, Office of the General Counsel at Hearst. “We utilized Priori’s RFP during the trial period, and expect it will be an impactful addition for us and other legal departments.”
With Priori’s expanded software suite legal departments can efficiently manage every aspect of outside counsel selection and engagement. The introduction of Priori RFP alongside Panel Management is a natural extension of the company’s Talent Marketplace, including Flexible Talent and Law Firms.
“From speaking to our corporate legal department clients, it’s clear that thinking about outside counsel resourcing strategically is incredibly important,” said Basha Rubin, CEO and Co-Founder of Priori. “We’ve built a single platform, comprising Priori RFP, Panel Management and Talent Marketplace, that provides a new way for legal teams to make confident decisions, get the most competitive rates, track results and, most importantly, achieve their strategic goals.”
Read the full article: https://www.manilatimes.net/2024/11/12/tmt-newswire/globenewswire/priori-releases-rfp-solution-to-complement-panel-management-software-featuring-60000-lawyer-profiles/2002702
