Case Study: Big 4 Bank achieves greater legal spend control with Lawcadia

Big 4 Bank - Customer Case Study

A Big 4 Bank in Australia sought to control and reduce its external legal spend. The challenge was to move beyond simple e-billing and gain data-driven insights from the very start of legal matters. To eliminate manual processes and inefficiency, the bank implemented the Lawcadia Platform to capture and manage data from the initial scoping and budgeting phase.

Lawcadia provided a centralized platform for automating data collection and reporting, which was fully implemented by May 2018. The solution delivered significant results, including the elimination of duplicate effort, increased transparency and predictability over legal costs, and a greatly improved ability to manage spending across the entire organization.