Legal Vendor Management
Legal vendor management for in-house legal teams
Sourcing. Selection. Performance.
Dazychain’s legal vendor management function is an effective, customizable tool for in-house lawyers to streamline legal panel and outside counsel management. This system helps your corporate legal department:
- Make smarter sourcing decisions for external legal vendors, improve productivity and reduce costs
- Streamline processes and communication with external legal teams
- Manage internal clients, external counsel and outside counsel spend.
With Dazychain’s legal vendor management system, your in-house legal counsel can access a wealth of resources, such as vendor data, spend reporting and metrics to meet your organization’s needs.
Manage different arrangements with different legal services in one centralized location. Track legal spend against matters, law firms, organizational objectives and budgets.
A cost-effective, time-saving solution for corporate legal departments to manage external counsel
Our external counsel management system is a powerful tool that simplifies legal services. This comprehensive approach is designed specifically for legal departments managing outside counsel, legal vendors, legal panels, firms and varied fee arrangements.
Legal vendor management software
Get a 360-degree view of performance
Dazychain tracks legal vendor performance. The vendor management database provides data to enable you to evaluate the quality of your external legal partners and determine the best fit for your organization based on past performance.
Quantitative data such as cost-effectiveness, litigation outcomes and time spent on cases provides objective metrics. Legal department team members can also record qualitative feedback such as subjective assessments and observations about outside counsel.
Build better engagement with providers by enabling transparency between all parties and providing detailed instructions from the outset.
External Counsel management software
Connect, align and report
This state-of-the-art platform offers a wide range of features to optimize your legal functions and achieve greater ROI from every minute of your external legal team’s time. Dazychain streamlines administrative processes such as invoicing, contract management, and document sharing. It also facilitates better collaboration through seamless communication.
“[Dazychain] gives you some rich data to provide to the business on where your value as a support function lies, and demonstrates your ability to align your activities to the organization’s strategy, principles and mission.”
Amber Kemp
Former General Counsel
Silver Chain Group
Legal panel management software
Find the best provider promptly
At its core, this cloud-based vendor database software serves as a centralized database that enables corporate legal teams to efficiently manage all aspects of their external legal business relationships. It provides a platform for creating panels of preferred suppliers, while storing information about your legal vendors, enabling you to compare based on cost, performance, and ratings.
“Having a single point of communication with our solicitors means that we are always reading all communication and we know the most current information regarding a file. It is also fantastic to be able to know when solicitors have seen our instructions and have started work on the file.”
Make your data work harder with Dazychain’s outside counsel management platform!
Dazychain creates tangible client outcomes for legal professionals and teams around the world. We offer a comprehensive solution designed to streamline matter management and all aspects of outside counsel and legal panel management.
From configurable workflows to detailed reporting, our system empowers you to make smarter decisions, save time, and ensure transparency throughout the vendor selection and management process
With our cloud-based platform, your in-house legal counsel can also leverage the power of artificial intelligence to increase efficiency and keep pace with today’s complex, data-driven legal practice.