Law firms
Procurelaw has been designed to help law firms win new instructions more efficiently and manage panel membership more effectively.
Once your firm has become a member of the ProcureLaw Go To Market service you simply specify the type of work and company you wish to target. When a client matching your profile submits an invitation to tender the system notifies your firm immediately. Subject to a conflicts check you then have full sight of the request for proposal (RFP). To reply you only need to complete a standardised online template outlining your firm's credentials, how you would handle the client's matter and demonstrate value.
The site is completely confidential and protected by the highest level of security available. Submitting a tender online has never been easier. With ProcureLaw your firm can now compete for work more widely and more efficiently than before.
As in-house teams come under pressure to reduce head count and external fees there is a growing demand for e-procurement.
We are confident it will deliver a substantial improvement in how you win clients and add value to your bottom line. Law firm membership is by invitation only and directed at pre-eminent practitioners.
Benefits
Manage existing relationships better
Law is about relationships. Winning a place on a panel is only half the struggle. You must then also win work as a member. Procurelaw gives you a direct interface with the client and makes sure your firm is always presented to the client at point of need.
Demonstrate expertise
Showcase your firms offering and technical skill set, past casework, people and the full breadth and ability of the firm. Documents can be stored on the system and drawn into proposals to enable bespoke documents to be constructed with much greater efficiency and less opportunity cost. With ProcureLaw, winning new instructions is based more on your firm's capacity to do the job and less about PR, branding and advertising investment.
Responding to a tender
If your firm wishes to be considered for a tender simply complete the easy-to-follow, standardised template online, detailing your experience and suitability for the client's matter. Companies can then review the proposal and decide which firm to appoint based on an objective comparison and evidence.
Greater reach and larger scale
The site's matching technology means your firm can now be more selective when developing new profitable business. As a web-based platform it also allows your firm to compete for work on a much larger scale and at a fraction of the marketing cost for this type of activity.
Reduce marketing costs and achieve precision marketing
Unlike some forms of business development ProcureLaw allows precise targeting of clients. The unique patent pending software enables your firm to seek out work by city, country, practice area, industry and company turnover.
Transparent measurable results
A firm's marketing budget is typically tied up with directories and the like that are often disproportionate to the amount of work they bring in. ProcureLaw cuts out the ambiguity. The transparency of the platform means resources can be easily measured against results.
Save time and money
Submitting a bid on ProcureLaw is quick, simple and intuitive. The system is designed to ease the administrative burden and cost associated with traditional tenders. From receiving the initial notification through to the instruction from a new organisation - ProcureLaw saves your partners, associates and business development teams a great deal of time and effort.
