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Frank Ready, ALM Media: The RFP Tool Revolution is Happening—Just Very, Very Slowly

Wednesday, May 20, 2020   (0 Comments)
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Extract from Frank Ready's article "The RFP Tool Revolution is Happening—Just Very, Very Slowly"

There are plenty of reasons for law firm and legal departments to use legal industry-specific request for proposal (RFP) tools—but whether they actually are using those solutions or not remains something of a question mark.

While automated tools can help organizations expedite certain facets of the RFP process, allowing them to analyze, compare and respond to proposal requests at a faster clip, it remains uncertain whether corporate legal departments are actively engaging with RFPs at all or simply relying on a time-tested list of favored law providers.

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