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Case Study

ElevateFlex

Case Study

ElevateFlex

Multinational Financial Institution: Leveraging ElevateFlex to Achieve ROI

Scenario

A multinational financial institution faced a sharp increase in litigation and investigations due to regulatory changes over recent years. Senior litigators required additional support in the selection and management of external counsel and help with:

  • Planning, tracking, supporting and reviewing litigation and investigations.
  • Acting as key point of contact.
  • Introducing efficiencies, tracking costs, reviewing invoices, ensuring billing compliance.
  • Achieving a return on investment.

Solution

  • ElevateFlex offered a global team of lawyers & paralegals with litigation experience.
  • An initial one-year proposal in 2017 offering support in New York, London and Hong Kong has resulted in 40+ individual ElevateFlex resources through end of 2019.

Benefits

  • The project initially faced some challenges, with some internal stakeholders believing it to be a threat to how they operate. However, the team has continued to show how useful it can be and is now able to demonstrate the ROI originally requested.

Benefits

  • The project initially faced some challenges, with some internal stakeholders believing it to be a threat to how they operate. However, the team has continued to show how useful it can be and is now able to demonstrate the ROI originally requested.
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