Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Over half of a legal department's financial resources are allocated to external law firms, prompting some organizations to rigorously verify payments for invoices that can include thousands of line items each year. By enhancing compliance and minimizing overpayments, clients can achieve cost reductions of 5 to 10% in their spending on outside counsel. Additionally, by streamlining the invoice review process, clients can cut down the time spent on this task by as much as 80%. This leads to the provision of trustworthy data that allows law departments to glean strategic insights for further savings. Furthermore, it can help decrease overspending on outside counsel by up to 10%, ensuring a return on investment from day one through diligent billing assessments and quicker payment processes. The automation of invoice analysis not only reduces the burden on law department staff but also eliminates up to 80% of the time traditionally consumed in this review process, thereby promoting efficiency and cost-effectiveness in legal spending. In conclusion, such systematic approaches can significantly transform the financial landscape of legal departments.
Description
The Legal Cost Control team provides a diverse range of services that include managing legal fees and expenditures, conducting legal audits, and reviewing legal bills for both clients and their external legal advisors. They are equipped to deliver expert, factual testimony concerning legal fees and have experience serving as legal fee examiners in corporate bankruptcy cases. Furthermore, they conduct assessments of legal services and review billing guidelines tailored specifically for outside counsel. In addition to these services, Legal Cost Control offers innovative legal eBilling solutions, featuring a web-based invoice management system that efficiently processes all types of legal bills in a cohesive electronic format, subjecting them to thorough artificial intelligence and subjective analysis. Regardless of the particular legal practice area, Legal Cost Control assists clients in navigating their legal fee management while providing valuable insights into their legal spending analytics and metrics. This comprehensive approach ensures that clients can optimize their legal expenditures effectively.
API Access
Has API
No
API Access
Has API
No
Integrations
V-Person
No
aarwinMEP
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Conduent
Founded
2017
Country
United States
Website
www.conduent.com/solution/legal-operations-solutions/legal-invoice-analytics/
Vendor Details
Company Name
Legal Cost Control
Founded
1996
Country
United States
Website
legalcost.com
Product Features
Legal Billing
Accounting Management
No
Automatic Billing
No
Calendar Management
No
Case Management
No
Client Portal
No
Document Management
No
Expense Tracking
No
Time Tracking
No
Product Features
Enterprise Legal Management (ELM)
Contract Lifecycle Management
No
Document Management
No
Legal Automation
No
Legal Spend Management
No
Legal e-Billing
No
Matter Management
No
Reporting / Analytics
No
eDiscovery
No
Law Practice Management
Billing & Invoicing
Yes
CRM
Yes
Calendar Management
Yes
Client Portal
Yes
Conflict Management
Yes
Contract Management
Yes
Document Management
Yes
Email Management
Yes
Legal Case Management
Yes
Task Management
Yes
Time Tracking
Yes
Trust Accounting
Yes
Legal Billing
Accounting Management
No
Automatic Billing
No
Calendar Management
No
Case Management
No
Client Portal
No
Document Management
No
Expense Tracking
No
Time Tracking
No
Legal Spend Management
Analytics / Reporting
No
Budgeting & Forecasting
No
Financial Controls
No
Insurance Claims Defense
No
Invoice Review
No
Legal e-Billing
No
Matter Management
No
Outside Counsel Management
No
Relationship Management
No
Strategic Planning
No
Vendor Management
No