BanyanRFP Information

BanyanRFP is an online platform that enables corporate legal departments to make better counsel selection decisions. Our proprietary application allows legal departments to configure RFP's quickly and easily for any type of legal engagement - from rate cards for counsel panels, to long term engagements or one-off matters. Only law firms you invite to respond are aware you are running a process. Key financial metrics of proposals are calculated automatically and presented in easy to read dashboards and reports - allowing for side-by-side proposal comparisons with a single click. And our platform enables real time competition by allowing you to disclose the metrics of competing proposals on an anonymous basis. What was once a messy, manual process has been automated - allowing legal departments to get law firm information on rates and expected fees as well as expertise, experience and technology based efficiencies quickly while driving more transparent competition. BanyanRFP: • Efficient - Reduces time investment • Effective - Drives down costs, offers multiple law firm perspectives • Flexible - Lets you control the process from beginning to end