Legal procurement is the entire process of buying legal services including the decision to purchase, the selection of which services, and paying the supplier. Working as a legal procurement professional is a relatively new concept, but when properly utilized, procurement professionals can contribute to decreased spending and well-managed relationships with legal services providers. In this episode of Law Technology Now, host Monica Bay talks to Silvia Hodges Silverstein about legal services procurement, including what it is and how it changes the way legal services are bought and sold. They discuss managing the relationships between legal services suppliers and clients, as well as why companies invest in legal procurement professionals. Dr. Silvia Hodges Silverstein is the executive director of the Buying Legal Council, the international trade organization for legal procurement, and adjunct professor at Columbia Law School and Fordham Law School. Learn more about your ad choices. Visit megaphone.fm/adchoices