The marketplace for legal services is not standing still; it is dynamic which makes staying on top of all current trends within the industry as well as identifying new trends incredibly important.
BOSTON, Massachusetts (PRWEB) January 15, 2013
The Institute of Supply Management's magazine, Inside Supply Management, reported on an important trend sweeping some major global corporations. “Legal Sourcing Steps into the Spotlight,” written by Jason Winmill, founder of Argopoint, and Celia Parsons, of Toyota & Eli Lilly, highlights how Fortune 500 companies are making significant progress in the legal category and delivering millions of dollars in savings. This article shares perspectives from highly experienced sourcing professionals including Justin Ergler of GlaxoSmithKline, Paul Ashley of IBM, and Krissa Kean Spence of KeyCorp.
“Legal strategic sourcing continues to promise tangible benefits, such as savings and increasing the quality of legal service provided,” said Winmill, adding, “Navigating the complex legal category is challenging, but skilled sourcing professionals have experienced tremendous success in this area recently and, with thoughtful planning, should reap increased rewards and savings in coming years.”
Much has changed in the legal category landscape in the past few years. Forward-thinking Fortune 500 companies are not only blazing new paths in the legal category but are also solidifying gains and building on previous successes. As Winmill notes, “The marketplace for legal services is not standing still; it is dynamic which makes staying on top of all current trends within the industry as well as identifying new trends incredibly important.”
Jason Winmill, the founder and managing partner at Argopoint LLC, has over 20 years of management and strategy consulting experience. Jason has advised senior executives across a range of industries and served as the “outside architect” - assisting in the design of an outside counsel rationalization and partnering program for one of the country’s top ten largest legal divisions. Jason is an honors graduate of Harvard College. He earned an MBA from the Harvard Business School, where he was elected to lead the school’s Forum on Business Ethics.
Inside Supply Management (ISM) is the authoritative resource for supply management executives and sourcing professionals delivering thought leadership, trends and current issues. ISM's mission is to lead supply management by targeting those professionals positioned to first experience changes, trends and critical issues in the field.
About Argopoint LLC: Argopoint advises and supports Fortune 500 corporate clients with an array of legal management consulting services, providing overall sourcing strategy, enabling processes and tools, and supporting implementation. Argopoint’s clients are among some of the largest business organizations in the world, including: one of the top 10 legal departments in the United States, Fortune 50 companies, Global 100 corporations, a 400+ attorney in-house legal department, and a FTSE 10 company. Corporate legal cost-savings initiatives that were designed by Argopoint were featured in publications such as The Wall St. Journal, Bloomberg News, New York Law Journal, Financial Times, American Lawyer, Inside Counsel Magazine, and Law.com.