Savvy Franchisors Run Their Legal Departments Like Businesses
Gain visibility into legal work, improve efficiency and manage spend
In the 40 years since the first franchise law was enacted, the law of franchising has grown as rapidly as the business model, resulting in a complex international web of statutes, regulations and cases. According to the International Franchise Association, franchising in the United States alone contributes $2.3 trillion in economic output annually.
As the scope and complexity of legal issues for franchisors have grown, there is increased pressure for legal departments to understand and track the legal work being done by outside counsel, while at the same time controlling costs and maintaining compliance.
No longer able to rely on paper files, spreadsheets and basic reports to guarantee consistent results, savvy franchisor legal teams now have integrated solutions that enable them to do the work of a much larger department. The latest software-as-a-service (SaaS) solutions for e-billing, matter management and reporting can track all of the franchise legal work in a single online site, connected to everyone who is involved in each matter or project.
Download the complimentary white paper Savvy Franchisors Run Their Legal Departments like Businesses to learn more.