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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

Your responsibilities are both challenging and varied, as you are frequently approached for legal counsel on issues ranging from employment and intellectual property to commercial disputes. In addition to achieving strategic goals, you are tasked with managing and alleviating risks for your organization, enhancing the productivity of your department, and minimizing external legal expenses. The exclusive content available is crafted by seasoned attorneys who possess extensive experience and in-depth knowledge of their fields. You maintain complete oversight of your legal tasks and timelines, whether you choose to handle them internally or seek assistance from outside counsel. By providing your team with a virtual extension, you can gain access to comprehensive guidance in unfamiliar legal areas whenever necessary, presented in user-friendly formats. Practical Law offers continually refreshed web-based resources curated by over 600 full-time attorney-editors worldwide, who deliver valuable insights into specialized practice areas and a broad range of industries. This ensures that you stay informed about the latest developments and best practices in the legal landscape.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

DocsCorp No 
ECFX Notice No 
Longview Tax No 
Microsoft Excel No 
Microsoft Outlook No 
SmartAdvocate No 
Uptime Legal No 
V-Person Yes 
aarwinMEP Yes 
iTimekeep No 

Integrations

DocsCorp Yes 
ECFX Notice Yes 
Longview Tax Yes 
Microsoft Excel Yes 
Microsoft Outlook Yes 
SmartAdvocate Yes 
Uptime Legal Yes 
V-Person No 
aarwinMEP No 
iTimekeep Yes 

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 No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
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 Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

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

Thomson Reuters Elite

Website

www.elite.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

Law Practice Management

Billing & Invoicing Yes 
CRM Yes 
Calendar Management Yes 
Client Portal No 
Conflict Management Yes 
Contract Management Yes 
Document Management Yes 
Email Management No 
Legal Case Management Yes 
Task Management No 
Time Tracking Yes 
Trust Accounting Yes 

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