Case Study: Global Medium Enterprise Legal Company achieves faster vendor risk assessments and reduced resource needs with Prevalent

Global Medium Enterprise Legal Company - Customer Case Study

Global Medium Enterprise Legal Company struggled with a time-consuming vendor risk process—spending more than 8 hours per vendor and waiting over 20 days for completed assessments—largely due to limited staffing. To address this, they engaged Prevalent and adopted Prevalent’s Legal Vendor Network (LVN) and managed collection and analysis services to standardize and accelerate vendor assessments.

Prevalent’s solution reduced average effort to 4–5 hours per vendor and cut turnaround to 6–10 days, enabling the company to complete 11–20 assessments per year while reallocating resources from validation to risk mitigation. The customer also rated Prevalent highly for onboarding, assessment and evidence collection, and evidence review and analysis, reporting fewer resources required and more focus on actionable remediation.