Afternoon Coffee: Exigent Launches Tool for Legal Spend Management, Canadian Pacific Railway Unions Talk Strike


Exigent Group, a provider of legal services outsourcing, announced Monday the launch of a new technology offering. Called Exigent Inform, the tool helps in-house legal departments select outside legal services. Key features include analytics that evaluate rates and delivery reliability, a single interface for reviewing data on vendor spend, and access to a team of auditors who can review a company’s legal purchasing processes.

Railway Strike Imminent

Unions at the Canadian Pacific Railway are urging their members to reject the company’s most recent contract offer, calling a long-discussed strike “inevitable,” the Financial Post reports. While the details of the offer were not disclosed, but both unions involved said the proposal does not adequately address workers’ concerns around fatigue and wages.

Mexican Trade

The fate of NAFTA may still be up in the air, but for Mexico at least, trade prospects with another key partner are improving. As the Wall Street Journal reports, Mexico and the European Union have reached an agreement in principle to upgrade their 18-year-old trade deal. The changes could include an end to Mexican tariffs on European food and beverages and the ability of EU companies to sell more services in Mexico. 

Eurozone Confidence

And finally, an economic update: Consumer confidence in the Eurozone beat expectations, according to Nasdaq, hitting their highest levels since January.

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