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New platform provides transparent external attorney data to drive decisions about choosing law firms and attorneys, demonstrating diversity, expertise and experience
NEW YORK, November 10, 2022 (GLOBE NEWSWIRE) — a priori legalthe leading legal marketplace for in-house legal teams, today received a Buying Legal Council (BLC) Collaboration Award in collaboration with Hearst for its work on a platform that enables external lawyer decision-making called Scout announced that
In 2021, Priori and Hearst will begin collaborating to provide internal legal teams with insight into existing and trusted corporate relationships using Priori’s powerful search and detailed data viewing capabilities from their flagship Marketplace product. made it accessible. Hearst, Zimmer Biomet, Marsh McLennan, a Fortune 10 company and Orrick Scout beta cohort.
“Scout is a game-changer in the legal industry. It creates a new category of legal department software that broadens and deepens the relationship between internal teams and outside counsel. We are setting the standard and having the legal procurement community recognize our joint efforts is a strong testament to this product’s ability to deliver value and operational efficiency.”
Scout is designed to reduce friction in the procurement process by creating dedicated, data-driven searches linked to your case management system using a user-friendly interface. This two-sided ecosystem provides legal buyers with comprehensive transparency and information to make sound decisions, while enabling law firms to showcase their expertise, experience and diversity to their clients. increase.
As part of the collaboration, Priori worked with Hearst to achieve the following goals:
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Identify the Specific Expertise and Experience of Preferred Firm Attorneys
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Differentiate firms/lawyers that meet Hearst criteria, including areas such as diversity and pricing
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Understand the history of engagements and relationships with each company
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Create a performance feedback cycle for external counsel.
Apriori and Hurst conducted workshops on product specifications, design elements, and data decisions to ensure Scout met the needs of both the internal legal team and procurement stakeholders. They then used Scout to identify and capture their most impactful data, view and update that information, and integrate it with their existing legal department and law firm systems.
Scout saves Hearst 325 hours a year while making more informed outside counsel staffing decisions.
“This award is a true testament to the strong collaboration between Priori, Hearst and other beta users and early adopter law firms. We make spending decisions for lawyers that cost millions of dollars a year.Scout can help solve this problem.This is how Scout has been recognized as a game-changing method for the legal sourcing community. Thing.”
Purchasing Legal Council Awards
The Buying Legal Council’s Legal Procurement Awards showcase legal procurement advancements and legal procurement best practices. They honor those who are at the forefront of new developments and inspire others. The goal is to identify and reward the best industry initiatives in his five areas of lawful sourcing, including innovation, collaboration, teamwork, best use of technology, and process improvement.
Industry and national legal procurement professionals are invited to participate by submitting detailed project descriptions, including project objectives, strategy and implementation, project results, budget discussions, and project return on investment. Submissions for awards were entered for blind peer review. All decisions were made unanimously among the judges, who are experts in legal procurement.
Rethinking External Lawyer Management
A priori works with in-house legal teams of companies of all sizes to connect legal departments with the right outside counsel for global projects, saving time and money. A priori’s clients include everything from Fortune 50 companies to large technology companies. Marketplace is the company’s flagship product, connecting its in-house team with Priori’s vetted global network of attorneys. Today, Marketplace provides access to her over 8,000 attorneys in all 50 states, law firms of all sizes in 55 countries, covering over 700 practice capacities.
Priori’s SaaS product, Scout, is an external attorney panel management platform currently in beta with Hearst, Marsh McLennan, Zimmer Biomet, and Fortune 10 companies. More than 30 law firms, including Priori’s beta law firm partner Orrick, and 13 other Law 50 law firms, have joined Scout to share attorney- and firm-level data with their clients. increase.
About Apriori Legal (“Apriori”)
A priori revolutionizes the way legal teams find, engage and manage outside counsel. Ranked a Chambers Tier 1 Global LawTech company and a Financial Times Intelligent Business, Priori’s cutting-edge technology powers two products that redefine the procurement of legal services. Marketplace is a global platform that connects in-house legal teams with new talent from a vetted global network of lawyers from companies of all sizes. Scout uncovers insights into relationships with trusted outside counsel to drive informed hiring decisions and D&I initiatives. For more information, see: www.priorilegal.com.
contact address:
a priori legal
Jill Black, Vice President of Marketing
jill.black@priorilegal.com
713-560-9225
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