In-house legal departments are increasingly recognized as the primary drivers of legal technology adoption, but, like law firms, they are often hampered by budgetary constraints. And outside counsel spend can make up a sizable portion of these budgets—upward of 45 percent, according to consulting group Consilio.
Consilio’s newly-launched External Spend Optimization (ESO) service takes aim at legal departments’ outside spending. Consilio managing director Robin Snasdell spoke to Legaltech News about the new service and its use of analytics tools:
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