In my last article, I wrote about some supplier risk management warning signs you need to be aware of when choosing your law firm partners. Now, it’s time to talk about a few key strategies you can use to circumvent these risks.

Before we get into these strategies, however, it’s important to note that supplier risk management isn’t something that’s “one and done.” Effective supplier risk management is an ongoing process that starts before you enter into a relationship with a law firm and continues throughout the lifecycle of that relationship. The points outlined below reflect that mentality.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]