This useful article by David Ruiz highlights a trend, the growing use of pricing professionals by both BigLaw and large in-house legal departments.

This trend is very welcome. After a break of 23 years I did a stint in BigLaw 2011-2013 and found very little had changed. At that time, as far as I could discern, partners were still using their memories and "gut feel" to price projects in the time honoured tradition; something that can only be hit and miss.

Properly arrived at pricing reviewed by specialists in-house, and negotiated with the benefit of such data, could go some way to meeting in-house lawyers' needs to control costs.

The use of these specialists won't, of course, tackle one of the other issues that leads to high BigLaw fees: that of the substantial overheads.