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Managing Vendors, Negotiating a SOW, and Budget Issues
- Gain a general understanding of issues to consider when selecting and evaluating a vendor.
- Understand standard T&Cs and learn about contractual “gotchas”.
- Learn about the various components of an ediscovery budget (and what to leave in versus leave out).
- Understand current market rates and assumptions about data that typically are factored into budgets.
- Understand who creates and manages the budget.
- Learn how to mechanically create a budget in Excel with assumptions as variables.
- Obtain an understanding of best practices re: managing the budget v. actual spend.
- Learn how to manage vendor workflow within the budget.
- Gain knowledge of best practices for managing and revising budgets.
- Learn best practices for measuring progress and quality.
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