Huron Consulting Group Announces New Product

Huron Consulting Group HURN today announced the launch of its IMPACT solution, which delivers sustainable cost reduction for the office of the general counsel and corporate legal departments. “Despite heightened workloads, corporate law departments are being asked to do more with less and that means significantly reducing costs,” said Shahzad Bashir, VP, Huron Consulting Group’s Legal Consulting segment. “Huron’s IMPACT solution helps our corporate legal department clients identify cost-saving opportunities, and then deliver and sustain those savings. This service can save our clients anywhere from 15 to 40 percent – directly improving their bottom line.” Huron’s IMPACT solution evaluates cost control methods in a systematic and data driven way, focusing on the following key cost areas: In-house resources optimization; Outside counsel sourcing and partnering; Budgeting and financial management; Workload and work-value analysis; Technology; and Discovery, contracts and records management.