Case Study: Top Private Equity Firm achieves 17% rate reduction and $27M+ in first-year savings with Bodhala

How top private equity firm and mega-fund sponsor saved 17% on their rates, realizing over $27M in savings in the first year with Bodhala

Top Private Equity Firm, a mega‑fund sponsor, was facing outsized outside‑counsel rate increases (4–7% YoY) that threatened portfolio cost management. The General Counsel needed market analytics and benchmarking to limit rate increases and track discounts, so they engaged Bodhala and its Benchmarking Suite to assess competitiveness across their panel of firms.

Bodhala used matter benchmarking and Firm Report Cards to compare the firm’s 10‑firm panel at the timekeeper level, drill into rates, staffing, billing trends and partner hours, and support targeted negotiations. As a result, Bodhala helped eliminate proposed rate increases, secure a 17% rate discount and realize more than $27M in savings in the first year across key M&A and Fund Formation matters.