The obsession with negotiating rate cuts out of law firms may not address the underlying cost issues that general counsel face. Laurie David-Henric, head of legal operations at biotech company Argenx, suggests a more strategic approach to law firm relationships can offer better results. Building strong foundational relationships with legal service providers can lead to improved quality of service and more efficient spending, forming a “virtuous circle” that enhances legal outcomes and cost-effectiveness. More insights on this topic can be found in the original article on Law.com.
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