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Client Challenge
As one of the largest and most established automotive companies in the world, our client came to us in 2018 with a need to significantly reduce their external legal spend. Before working with COG Legal they fully managed their invoice review in-house, this was taking up the time of their senior lawyers and taking them away from more strat
As one of the largest and most established automotive companies in the world, our client came to us in 2018 with a need to significantly reduce their external legal spend. Before working with COG Legal they fully managed their invoice review in-house, this was taking up the time of their senior lawyers and taking them away from more strategic legal work. Our client was frustrated by the amount of time that was being spent on invoice review and they knew invoices were frequently approved even with errors.
Our Solution
With an annual legal spend of over $20 million, our client knew they needed to improve their billing admin and gain a better overall understanding of their spend.
We introduced;
We have also supported our client with;
The Results
Since working with COG Legal our client has:
- Achieved savings of over £5million
- Significantly reduced aged debt and improved law firm relationships
- Ran its first global panel process using the data from the legal spend and analytics dashboard to drive additional savings
- Reallocated its senior lawyers onto strategic matters
Client Feedback
Our client said, “We have been working with COG Legal for several years. We are very happy with the services they provide, and they have helped us negotiate significant savings with a number of our law firms, while not damaging those law firm relationships.”
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