4cLegal News

The new Procurement Code (from now on called “the Code”), offers important reflections on the topic of acquisition – by public institutions – of legal services consisting of being represented in arbitration and legal processes.

Today took place the first digital beauty contest on the customised platform developed for the “Gestore dei Servizi Energetici” (gse.4clegal.com)

Today, after the online accreditation to the register of lawyers for ANAS, took place the first beauty contest on the platform anas.4clegal.com.

4cLegal, the first platform to handle beauty contests to select legal and financial consultants, has recently accepted to agreements to develop and put online customised platforms dedicated to ANAS and GSE. This is a new trend in public institutions, that aim to add the principles of transparency, traceability, impartiality, low costs and advertisement prescribed by the norms, and recently under ANAC’s spotlight.

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4cLegal is proud to announce its first place in the chart for the notice “Startup in rete” promoted by the Comune di Milano and Fabriq.

We see scheduled an educational program for the in-houses, a plan to deflate disagreements and an experimental platform, in cooperation with 4cLegal, to select law professionals.

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The innovative startup 4cLegal, based in Milano, launched on the Italian market the first platform to handle the “beauty contests”, aka competitive processes with the aim to choose a law or financial office. Assolombarda Confindustria Milano Monza e Brianza and UniCredit have supported 4cLegal in the acquisition of the first round of financing from bank through the innovative product Bancopass.

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Today took place the first 4cLegal meeting in Milano. The topic of the meeting was anticorruption and measures of prevention linked to it. During the day, we assist to many interventions by highly regarded personalities in companies like ENI, Finmeccanica, SACE Spa, Acquedotto Pugliese, Alitalia, Unicredit and Italcementi.

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To be noticed in a beauty contest, in a correct and transparent way, you need style, but also a product that simplifies its management, automatically tracking its process. Before now, everybody dealt with “procedures with emails, PDFs and calls: a big waste of time, inefficiency and low transparency in one of the most sensitive processes”. Before 4cLegal – the Milan-based startup created by Alessandro Renna, who used all his experience, acquired in his work as a lawyer for Italian and foreign great entrepreneurial groups.

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The page dedicated to 4cLegal has been published on “Il Sole 24 Ore”: “Transparency and anti-corruption in professional consultations”. In short, the key points of the project are explained: what it is, to whom it speaks, what 4cLegal means, how much it costs and who chose it.

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In the British market it is common, in Italy it is an exception. But this doesn’t always happen, considering that technologies allow to quickly shorten the distance cross cultural barriers. An example of this comes from the idea developed by the Milan-based firm 4cLegal, that aims to innovate the system of the beauty contest in the legal and financial area.

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During the last few years, the legal area has seen the constant and progressive affirmation of a selection tool of legal consultants that we informally called “beauty contest”. This is a competitive process organised by the client to choose a consultant to whom he needs to award a task of legal assistance. The beauty contest is an established practice for public institutions, private firms and investment funds, and it is encoded in organisational models, internal policies and norms.

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The first online software that allows the firms and the investment funds – on one side – and law offices – on the other side – to carry out beauty contests is called 4cLegal. According to its inventor and founder, Alessandro Renna, 4cLegal will allow to carry out the challenges “in a digitalised, quick, simple, tracked and classified way”.

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Upon request of 4cLegal, today TopLegal has started the first survey to reach a conclusion on the beauty contest, collecting information, opinions and indications from the protagonists of the legal market. A survey that aims to reflect on an institution that is both discussed and quickly advanced.

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In the consultation area, the “beauty contest” is a process used by institution to select the professional who will carry out a specific task. Basically, this is a competitive process that includes the collection of multiple offers of professional assistance, a moment when these are compared and evaluated and, lastly, the awarding of the task to the consultant who presented the best offer.

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Dear Associates, as you know, one of the aims of our Association is to give value to the figure and the work of the Company Lawyer, trying to offer occasions to go in depth and tools to read and handle scenarios regarding the norms and the market.

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