🏁 A more granular and strategic auction experience is now available with the introduction of a new fourth auction view designed to increase competitiveness - without revealing total proposal values.
What’s New
- A new 4th auction view option clients can select when setting up an auction
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Firms will now see:
- Their rank per individual phase (e.g., “Ranked 3rd for Phase 2”)
- The lowest bid submitted for each phase (e.g., “Lowest fee: $5,000”)
- This view applies to fee-based phases only
- Available during auction setup for Client Users; visible during live bidding to Firm Users
Why It Matters
- Encourages more informed and strategic bidding, especially in multi-phase matters
- Gives firms better feedback on their pricing position without compromising confidentiality
- Helps clients increase auction participation and competitiveness while maintaining fairness
For questions or help configuring auction views, reach out to support@persuit.com 🚀
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