Strategic Oversight of Consulting Costs
Economic consulting expenditure has been rising significantly in recent years. While growth in hourly rates plays a role, overall cost inflation is often driven by expansion of workstreams beyond what is necessary to address the key economic questions.
What We Provide
Litigation and regulatory proceedings often require extensive economic and financial consulting, but costs can escalate quickly without effective oversight. We provide independent review and guidance to ensure consulting expenditure remains justified and focused.
- Review consulting budget and proposed economic analysis to ensure alignment
- Monthly or quarterly invoice review to help law firms manage consulting expenditure on an ongoing basis
- Scope adjustment and cost control recommendations
Our Objective
We help law firms and their clients maintain cost discipline throughout the consulting engagement. Our oversight ensures that every dollar spent on economic analysis is directed toward work that advances case strategy and is essential for expert reports.
Who This Serves
This service is designed for:
- Law firm partners managing large consulting budgets on behalf of clients
- Corporate legal departments overseeing multiple consulting engagements
- Litigation funders seeking assurance that consulting costs are controlled and justified
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