Beauty parade
Topic: Finance
From HandWiki - Reading time: 1 min
A beauty parade is a synonym for a formal presentation given to a panel in response to a request for tender.[1] This presentation is predominantly oral but may also include a PowerPoint presentation.[2] Beauty parades are now commonplace in the United Kingdom for the provision of legal services where the final fee is likely to be more than 20,000 pounds.[3] The name is an ironic reference to the beauty pageant, suggesting that the tenderer may choose a company for reasons other than important facts.
References
- ↑ "What is beauty parade? definition and meaning". BusinessDictionary.com. http://www.businessdictionary.com/definition/beauty-parade.html. Retrieved 2015-07-02.
- ↑ Ames, Jonathan (2013-09-09). "Panel reviews: Partners on parade | Analysis". Thelawyer.com. http://www.thelawyer.com/in-house/panel-reviews-partners-on-parade/3009047.article. Retrieved 2015-07-02.
- ↑ "Law: The tender trap of the beauty parade: Neasa MacErlean reports on the increasing use of a formal process when submitting for new business which is shaking up the profession". Independent.co.uk. https://www.independent.co.uk/news/uk/law-the-tender-trap-of-the-beauty-parade-neasa-macerlean-reports-on-the-increasing-use-of-a-formal-process-when-submitting-for-new-business-which-is-shaking-up-the-profession-1512359.html. Retrieved 2015-07-02.
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