Long Term Relationship Agreements
Working with blue chip companies including Balfour Beatty and E.ON UK PLC, Pinsent Masons has pioneered the concept of Long Term Relationship Agreements – often referred to in the media as ‘sole supplier deals’.
These arrangements offer fixed price, multi-year deals – but they are much more than that. They are partnerships which allow supplier and purchaser to take a holistic view of legal spend – enabling the parties to work together to identify the underlying issues driving spend and develop new solutions, where appropriate, to address inefficiency.
Not only do we work with clients on this basis for single service lines – employment, contract reviews, categories of dispute – we have also agreed a single fixed annual price for all the legal work a client has in a year.
We don’t claim these types of arrangements are for everyone. But they are right for those who are serious about driving value into legal services.
Learn more about how a long term relationship can benefit you.