It is the week of the winter holidays and you have just been notified that a lawsuit has been filed against your company. There is not much time to go through the typical selection process to retain outside counsel, yet you need to find the firm that combines the best expertise, value and "fit" for your organization. Sound familiar? With increasing frequency, my team often identifies the right firm through an Expedited Request for Proposal (E-RFP) process.
As a former law firm partner, I recall RFPs being an extraordinarily time-consuming and ponderous endeavor: A large volume of information was required, the response was like a tome and the selection process was lengthy and tedious. The E-RFP process my corporate legal team uses is streamlined to enable us to make engagement decisions quickly and confidently.