
RFP & Panel Management
by Priori
Key Features and Functions include:
RFP Creation and Workflow
Tools for building RFPs from templates or custom criteria, streamlining the issuance and collection of proposals. Standardized scoring grids support consistent evaluations across firms.
Live Auction and Value Pricing
Live reverse auction features introduce competitive pricing pressure, and value pricing options help shift work toward alternative fee arrangements.
Comparison & Benchmarking Tools
Side-by-side comparison grids, benchmarking dashboards, and rationale capture enable legal teams to assess firm proposals quantitatively and qualitatively.
Centralized Panel Management
A unified repository of firm and attorney profiles with advanced search and filtering supports structured panel organisation and selection.
Performance Tracking & Scorecards
Real-time matter spend integration, customizable performance scorecards, and KPI tracking help monitor cost, efficiency, and strategic alignment over time.
Custom Tags & Classification
Searchable tags and classification systems facilitate sophisticated organisation of firms and attorneys by expertise, rates, location, diversity criteria, and more.
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