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LegalNovember 25, 2024

eBook: How life sciences companies can improve legal billing guidelines and compliance

AI-enabled bill review: Bigger savings, better compliance

Legal departments at pharmaceutical, biopharmaceutical, and medical device companies have a lot on their plates. They’re undergoing digital transformation, dealing with supply chain risk, complex regulatory compliance, and guarding intellectual property—all while working to reduce costs and support the broader business.

But as the pressure to both innovate and cut costs grows at life sciences companies, so will the importance of billing guidelines. For legal departments in the life sciences space, it is essential to establish detailed and specific clear guidelines that cover how much is being billed and why, who’s working on matters and for how long, and other billing activities.

This eBook outlines the importance of clear guidelines, compliance, and the use of AI-driven bill review providers to enhance efficiency and cost management. By implementing the strategies outlined in this guide, you can achieve significant cost savings, streamline your billing processes, and build stronger partnerships with outside counsel

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