Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

LEGAL RFP'S II.

By allan colman, [email protected]
May 13, 2011

LEGAL RFP'S II. – Continuing the discussion of whether or not to respond to RFP's, here are additional critical questions to ask.* Who will be reviewing the submittals, what time period has been allotted and are their objectives clearly stated in the document? If not, will the issuer permit contact prior to submittal. And if yes, is this person clearly identified?* Is the company now using rfp's for all legal work, or just for specialties such as Labor and Employment?* Do they require you to respond in a formal, section by section approach? If the answer is yes, we often identify methods for our clients to add a key sentence or two in each section highlighting the firm's strength to match the stated need. And do include color and graphics wherever possible* Will you be advised who is on the interview team?Keep in mind that the answers to these and the other questions should be used to make a business decisioin on whether or not to proceed. More next time.Allan Colman, [email protected]

LEGAL RFP'S II. – Continuing the discussion of whether or not to respond to RFP's, here are additional critical questions to ask.* Who will be reviewing the submittals, what time period has been allotted and are their objectives clearly stated in the document? If not, will the issuer permit contact prior to submittal. And if yes, is this person clearly identified?* Is the company now using rfp's for all legal work, or just for specialties such as Labor and Employment?* Do they require you to respond in a formal, section by section approach? If the answer is yes, we often identify methods for our clients to add a key sentence or two in each section highlighting the firm's strength to match the stated need. And do include color and graphics wherever possible* Will you be advised who is on the interview team?Keep in mind that the answers to these and the other questions should be used to make a business decisioin on whether or not to proceed. More next time.Allan Colman, [email protected]

Read These Next
Bankruptcy Sales: Finding a Diamond In the Rough Image

There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.

Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs Image

A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.

Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It Image

Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?

A Lawyer's System for Active Reading Image

Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.

Blockchain Domains: New Developments for Brand Owners Image

Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.