Having an RFP procedure in place, such as in eBilling.Space, allows the client to see all the law firms’ proposals together – meaning there is a consistent and single source of truth. Further, the in-house team can have a visual representation of the different quotes – showing the resources proposed, for example, the split of partner and associate involvement, the rates and hours for these timekeepers, the average hourly rate, total estimated costs/expenses, and an overall time frame for the matter thus allowing easy comparison and review of the quotes.
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