Extract from Jennifer Buckley’s article “How Casepoint Helped an Am Law 200 Firm Dramatically Reduce Document Review Time and Costs for a Global Construction Company”
Corporate General Counsel are constantly managing cost and risk, and that is truer now more than ever. Law firms that are able to not only support this endeavor but are able to find ways to add more strategic value are the ones able to transform clients into long-term relationships and pick-up new clients. To meet these goals, forward-looking law firms are leveraging modern legal technology. Leading law firms are finding innovative ways to demonstrate value by leveraging state-of-the-art technology to achieve higher efficiency, lower cost, and allowing them to ultimately focus on achieving the right legal outcomes. Law firms that work with the right technology partner are able to provide legal services effectively while reducing legal spend, thus distinguishing themselves from the competition while also demonstrating responsiveness to GCs desire to be more efficient. This approach not only helps a law firm create a stronger relationship with existing corporate clients but lays the groundwork for new clients.
Lewis Roca Rothgerber Christie LLP, an Am Law 200 firm with 230 lawyers across nine offices, considers technology a competitive advantage. Their client, a top global construction company, was facing an unusually large discovery request with a limited budget and an aggressive timeframe. By working with Casepoint and its advanced technology, featuring built-in analytics and artificial intelligence, Lewis Roca was able to achieve optimal outcomes and complete the document review with time to spare —and 50% under budget! In today’s uncertain business environment, it makes sense for other law firms to leverage the same kind of relationship and the same technology to gain a competitive advantage.