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Average Ratings 0 Ratings
Description
Enterprise legal management involves overseeing both internal and external legal operations within a company. Software designed for enterprise legal management (ELM) allows in-house legal teams to gain a comprehensive understanding of their organization’s legal expenditures, encompassing the associated documents and records. Furthermore, effective ELM software often includes a legal bill review feature that addresses billing compliance mistakes, thereby rectifying issues and minimizing revenue losses from overpayments on outside counsel fees, ultimately leading to a reduction in overall legal costs. Additionally, a robust ELM solution typically encompasses various functionalities such as vendor management, matter management, claims management, document management, knowledge management, litigation management, e-billing, along with reporting and analytical tools, all contributing to enhanced operational efficiency. This multifaceted approach not only streamlines legal processes but also empowers organizations to make informed decisions regarding their legal strategies and expenditures.
Description
The legal spend management solution driven by AI leads the industry with its exceptional analytics capabilities. By revealing trends and discrepancies in litigation expenses, it highlights effective strategies and identifies areas needing improvement. The second-generation e-billing platform, Milliman Datalytics-Defense®, leverages AI to assess your firm's performance, facilitating a more efficient invoice review process, flagging questionable charges, cutting costs, and pinpointing best practices applicable across the firm. Crafted by actuaries with extensive expertise in the insurance sector, this solution ensures a deep-seated understanding of industry dynamics. With our specialization in insurance, you can trust the effectiveness of our offering. The Datalytics-Defense solution seamlessly compiles fee and expense data from all vendors involved in the claims process while utilizing proprietary data-mining algorithms to extract essential insights from defense counsel invoices, ultimately enhancing decision-making and efficiency. By integrating advanced analytics with a focus on the insurance industry, our solution positions firms for greater financial success.
API Access
Has API
API Access
Has API
Integrations
8am LawPay
Duck Creek Suite
Microsoft 365
Microsoft Outlook
QuickBooks Online
Integrations
8am LawPay
Duck Creek Suite
Microsoft 365
Microsoft Outlook
QuickBooks Online
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
LSG
Founded
2003
Country
United States
Website
www.lsg.com/enterprise-legal-management
Vendor Details
Company Name
Milliman
Country
United States
Website
www.milliman.com/en/products/Datalytics-Defense
Product Features
Enterprise Legal Management (ELM)
Contract Lifecycle Management
Document Management
Legal Automation
Legal Spend Management
Legal e-Billing
Matter Management
Reporting / Analytics
eDiscovery
Legal Spend Management
Analytics / Reporting
Budgeting & Forecasting
Financial Controls
Insurance Claims Defense
Invoice Review
Legal e-Billing
Matter Management
Outside Counsel Management
Relationship Management
Strategic Planning
Vendor Management
Product Features
Legal Spend Management
Analytics / Reporting
Budgeting & Forecasting
Financial Controls
Insurance Claims Defense
Invoice Review
Legal e-Billing
Matter Management
Outside Counsel Management
Relationship Management
Strategic Planning
Vendor Management