Freephone 080 0222 9500  Freephone: 080 0222 9500
Mon - Sun | 8 am - 8 pm
48-49 Russell Square, WC1B 4JP


Legal Management & Procurement For the Financial Services Industry

An innovative approach to help firms slash the legal costbase

Grayfords has developed a ground-breaking offering that has slashed the costs of legal work for a traditionally high cost sector. We are able to uphold quality and expertise by utilising magic circle lawyers (and/or your current external counsel) when necessary, combined with a lower cost administration layer, and implementing alternative fee agreements across the supply chain as our core strategy.

Our clients are offered our proprietary Lawprocure platform for free, which delivers project bidding technology, task management,billing analysis, and administration outsourcing expertise. Coupled with our magic circle and top tier law firm network to innovatively outsource or co-work with our in-house legal team to bring aggressive cost slashing on behalf of the in-house legal function.

We provide a single point of contact to buy-side and sell-side institutions as well as to corporations and fund structures through the entire life cycle.

Book Your Free Consultation today

What does Lawprocure do ?

The Lawprocure Model:


The Lawprocure Solution:


Lawprocure's Top 5 Goals & Benefits

We work closely with our in-house legal team to monitor each of these goals and simply deliver on them
  • Reduce external counsel spend
  • Increase use of Alternative Fee Arrangements
  • Reallocate work to fewer firms with lower rates but equal gravitas
  • Consolidate work across fewer firms and remove overbilling
  • Remove inter/intra firm communication bottlenecks

Lawprocure aggressively seeks to reduce an institution's typical year on year legal spend by 30% (comparing equivalent amount of legal work in consecutive years)

Lawprocure Services

Grayfords will dynamically select the most appropriate and cost effective resource depending on the micro level task at hand, seeking to realise overall cost savings of 30% per instruction

In short, as a client of our radical business model, you will benefit from the best legal minds in the industry, with deep knowledge and vast experience in every discipline of law critical to funds and their investors. Utilising associates and partner level staff from the following firms when required:

  • Allen &Overy
  • Clifford Chance
  • Freshfields
  • Linklaters
  • Slaughter and May
  • Norton Rose
  • DLA Piper

Our services include advice on:

  • tax efficient manager/advisor structures;
  • fund formation;
  • trading documentation;
  • regulatory and compliance;
  • restructuring issues;
  • private client issues;
  • disputes and investigations;
  • employment;
  • real estate; and
  • financial services M&A.

We are able to support clients, ranging from start-up ventures to established firms with hundreds of billions of dollars under management

  • Fund formation and operations
  • Internal operating agreements and profit sharing arrangements
  • Anchor investor capital negotiations
  • Alternative fee structures
  • Trade structuring, including international tax advice
  • Spinouts and mergers
  • Counterparty risk management and negotiation of counterparty documentation
  • Response to regulatory inquiries and investigations
  • Advisers Act regulatory implications and registration
  • Commodity Futures Trading Commission and National Futures Association registration, regulation and compliance issues



Our team is conveniently located in Bloomsbury, Central London.

48-49 Russell Square,

Reach Us

Phone: 020 7100 6100
Fax: 0207 183 9983
SRA Number: 607902

Operating Hours

  • Monday-Sunday: 8am - 8pm