News & Insights, published by BanyanRFP, focuses on topics related to the management and procurement of legal services through Request for Proposals (RFPs). The blog covers best practices for running effective RFPs to hire outside counsel, strategies for managing incumbent law firms, and approaches to risk sharing and alternative fee arrangements. It addresses challenges faced by in-house legal teams such as cost control, vendor selection, and maintaining high standards of client service, especially in changing market conditions. The content also explores how RFPs can uncover critical expertise, improve cost transparency, and enhance alignment between clients and law firms.