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Case Study

Top Oil & Gas Company
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Opportunity

As part of the organization’s 2020 Accelerated Transformation Project, the legal department of the largest non-traded Oil & Gas company was tasked to transform its legal service delivery model. We were initially engaged to develop a multi-year strategic technology plan and were subsequently retained to develop an end-to-end Outside Counsel Management Program to maximize the value of procured legal services.

#1

We led an external spend assessment that involved gathering detailed task and activity data from all Outside Counsel.

#2

Performed thorough analysis of how firms were being used for different type of matters.

#3

The portfolio was prioritized according to a risk and value matrix, and a Make v. Buy model was developed to determine how to reduce cost whilst maximizing value.

Results

The department was restructured to allow work to be performed and managed more efficiently. A number of functions were identified for outsourcing to alternative legal service providers to yield significant cost savings.

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