Avis Budget’s Legal Department Wins Award

Photo via Wikimedia/Raysonho
Photo via Wikimedia/Raysonho

The Association of Corporate Counsel (ACC) has named Avis Budget Group Inc. as a 2017 ACC Value Champion.

Avis Budget's legal department earned the accolade for its Legal Transformation Program, which created a legal operations model that enabled the company to drive efficiency throughout the organization and realize significant savings on its annual legal spend.

"This year's ACC Value Champions demonstrate the positive impact a strong law department has on the business and its bottom line," said Veta T. Richardson, ACC’s president and CEO. "The law departments we honored created solutions to business problems, initiated strong partnerships with external providers, and created processes and systems to empower clients to access self-service legal tools."

Avis Budget's Legal Transformation Program reduced the number of law firms that represented the company around the globe from approximately 700 to a panel of seven firms. In addition, it created metrics that provide a more accurate way to predict and address future issues and allowed Avis Budget to deliver significant cost-savings while handling more matters year-over-year, according to the company.

"Our initiative was based on a ‘win-win' model with our panel law firms,” said Michael K. Tucker, Avis Budget Group’s executive vice president and general counsel. “It not only reduced our legal spend, it also gave our panel firms the ability to increase their profits by providing them with the ability to better manage their partner-to-associate utilization ratio on matters, leverage technology, and incorporate project management tools to increase their profitability while also increasing the efficiency of the legal services they provide to us. We are proud of our results and are honored to be named a 2017 Value Champion. We thank ACC for the esteemed recognition."

A panel of ACC in-house counsel judges selected 12 companies for this recognition.

Comments

  1. Gladys Tineo [ July 11, 2017 @ 07:10PM ]

    I don't understand why Avis should be getting any reward! They stole $316.46 off my credit card for a reservation that they never honored. To make matters worse, they have been giving me the run-around for a week now, and STILL NO REFUND TO DATE!

    I called several times, and they never answer my questions, say they would send me emails requesting the proof that I was willing to email them, and than had me on hold for hours, and by the time I could even request to speak to a supervisor, the office closed, leaving me to try again the next day!

    AND THEY GET AN AWARD!!!?? REALLY!?

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

 
 

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Safety Tech: Crash Avoidance or Sensory Overload?

As advanced safety technologies become even more pervasive on mainstream vehicles, are we creating “stupid drivers?"

Own the Fleet, Own the Future

In the dialogue surrounding new transportation paradigms, fleets have been off the public radar until recently. Here’s what’s going on, and a way for you to participate in the conversation.

Car Rental Rates Up, Fleet Sales Down — Correlation?

Car rental companies’ recent fleet discipline is needed now more than ever.

Job Finder: Access Top Talent. Fill Key Positions.

>