Manual RFPs to hire counsel are time-consuming, cumbersome and difficult to analyze. BanyanRFP is an effective, time-saving alternative to the manual RFP process. BanyanRFP’s expert consultants are fueled by a patented, cloud-based solution that streamlines the RFP process to hire outside counsel. Recognized by the Buying Legal Council for its industry-best-practice work, BanyanRFP is driving great results for its clients. On average, clients realize a 30% spread on proposed fees each time they run a process. Designed specifically for procuring legal services, BanyanRFP is well-suited to execute matter-level RFPs, reverse auctions, practice-area refreshes, and significant panel reviews. For the majority of its clients, BanyanRFP manages the process from end-to-end: from drafting the RFP to interacting with the law firms to providing a top-line analysis of the results. BanyanRFP prides itself on making the RFP-process painless.
|Tags||rfp; market pricing; competition; afas; request for proposal|