Procurelaw.com: a website for competitive bids or instructions to panel firms

I heard about Procurelaw.com and looked at its website. For members they can use “Legal Panel Manager” to help control and monitor the flow of work with their panel firms; “Go to Market” lets them source the right firm by sending their RFPs to qualified firms.

Here is the explanation offered by the website: “The site is confidential and protected by the highest level of on-line security available. All you have to do is register and the next time you need to instruct a law firm simply go on-line and complete our easy-to-follow request for proposal (RFP). The site will automatically generate a list of your panel members or the best qualified firms if you do not have a panel. You then have the option to screen out any unsuitable firms. The system will even take care of conflict checking. Those firms able to proceed will demonstrate their expertise, explain how they will undertake the matter and provide an indication of cost – allowing you to make an informed comparison. After reviewing their credentials, you appoint the firm of your choice.”

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