Back to overview Advisory Board Our Guarantee

Although we are under no particular obligation to do so, as former practising lawyers, we have chosen to apply to our consulting work the exact same high standards of professionalism, confidentiality and conflict of interest as we did in our private practice days.

The global legal marketplace is surprisingly small, particularly amongst the firms with which Validatum® works. As a result, from time to time Validatum® is engaged by a firm that competes with a prior or even a current client. To help guide our efforts, we adhere to the following principles:

Our expertise and credibility as a trusted advisor comes from having access to, and conversations with, multiple parties across many topics. We do not compromise our integrity by serving as a confidential source to the press or betraying confidences among competing parties.

  1. We do not disclose confidential information obtained through client engagements unless it is expressly authorised in writing.
  2. We do not disclose an association with a particular client unless it is expressly authorised in writing.
  3. We do not accept simultaneous client-specific assignments from direct competitors. From time to time, however, we may work with different groups within competing entities. For example, we may work with one firm's litigation practice and another firm's labour & employment practice.
  4. Where a firm has a general retainer in place with us, we may nonetheless accept instructions from another firm on a specific proposal for a specific client provided that;
    1. the retainer firm has not already asked for our assistance on that same matter, and
    2. we have no prior knowledge of that client through the retainer.
  5. When asked to provide pricing, procurement or other support to a firm in relation to a specific client, bid, pitch, tender, RFP or ITT, we will not act for more than one firm at the same time in respect of the same matter and the same client.
  6. Like expert witnesses or QCs, once we are appointed by a firm, we consider ourselves 'conflicted out' on that matter.
  7. We accept the first firm that instructs us and is agreeable to our terms of engagement.
  8. We do not provide geographical or any other exclusivity.
  9. We do not provide exclusivity in relation to any of our services except as outlined in this policy.
  10. We strongly believe that a more informed marketplace is a more efficient marketplace and therefore we embrace opportunities to educate. Occasionally, we may write or present publicly for other organisations or at their events eg buy-side procurement specialists and GCs, but we do so as a voice of the private practice legal profession..

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Latest Articles and Events

Virtual Pricing Director® Pricing Espresso - (21st November 2022)

With the Virtual Pricing Director Pricing Espresso® we aim to bring you your pricing 'shot' - some of the most interesting, thought-provoking and informative material we can find globally which will be of interest, relevance and help to you in your firms' pricing challenges.

November 20, 2022

Virtual Pricing Director® Pricing Espresso - (19th October 2022)

With the Virtual Pricing Director Pricing Espresso® we aim to bring you your pricing 'shot' - some of the most interesting, thought-provoking and informative material we can find globally which will be of interest, relevance and help to you in your firms' pricing challenges.

October 18, 2022

Turbulent Times: What's Everyone Else Doing?

When it comes to pricing, no-one has a better global perspective than Validatum®, having worked as we have with over 300 law firms in 25 countries.

We thought you would find this international snapshot of what we are currently seeing ‘out there’, interesting and hopefully instructive.

September 27, 2022

Latest Tweets @Richard_Burcher

“This feels more like law firms throwing spaghetti up against a wall and seeing what sticks," said Jason Winmill, m… https://t.co/jWwEvgs6pe

@Richard_Burcher 29 Nov 2022 twitter

Superb articulation of the issues Sarah Walker-Smith. The announced attack on foreign students left me thinking, “y… https://t.co/wblo2G6XF3

@Richard_Burcher 26 Nov 2022 twitter

"We’re seeing higher planned rate increases at this point than we’ve ever seen, and we’ve been tracking this for 15… https://t.co/zzNqHP6e4a

@Richard_Burcher 23 Nov 2022 twitter
https://www.virtualpricingdirector.com/

The coming together of these 3 power-house firms has enabled us to create something truly revolutionary. I have no doubt that Virtual Pricing Director® is going to drastically alter, for the good, the way lawyers price-up work” Richard Burcher, Managing Director, Validatum®, Chairman, Virtual Pricing Director® & Legal Pricing Academy®

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http://www.legalpricingacademy.com/

Whether you are just starting out on your pricing career or are already highly experienced, whether you want to undertake some ‘light-touch’ professional development or aspire to the pinnacle of Certified Legal Pricing Professional, the Legal Pricing Academy® can help you achieve your goals” Richard Burcher, Managing Director, Validatum®, Chairman, Virtual Pricing Director® & Legal Pricing Academy®

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