This session will explore how in-house legal teams can more effectively manage outside counsel relationships in an era of heightened cost scrutiny and demand for measurable value. As legal departments face increasing pressure to do more with less, the traditional law firm model is being reevaluated through the lenses of efficiency, transparency, and strategic alignment. Panelists will discuss how to move beyond hourly billing toward alternative fee arrangements, implement data-driven vendor management, and ensure that outside counsel are true partners in achieving business objectives—not just service providers. Attendees will gain practical insights into building high-performing, cost-effective legal ecosystems.

• Rethinking outside counsel partnerships: Examine how legal departments are reassessing traditional law firm models to prioritize efficiency, transparency, and strategic alignment.
• Driving value through innovation: Learn how to implement alternative fee arrangements and data-driven vendor management to better control costs and measure performance.
• Building a high-performing legal ecosystem: Discover how to foster stronger partnerships with outside counsel that align with business goals and deliver greater, measurable value.