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What is Conduent Legal Invoice Analytics?

More than 50% of a legal department's budget is often directed toward external law firms, driving many organizations to meticulously audit invoice payments that may consist of thousands of line items annually. By improving compliance measures and reducing instances of overpayment, clients can realize cost savings ranging from 5% to 10% on their expenditures for outside counsel. Moreover, optimizing the invoice review process has the potential to reduce the time dedicated to this task by nearly 80%. This efficiency not only provides reliable data but also empowers law departments to extract strategic insights that can lead to additional savings. Additionally, it can effectively minimize overspending on outside counsel by as much as 10%, guaranteeing a positive return on investment from the outset through thorough billing evaluations and expedited payment procedures. The implementation of automated invoice analysis alleviates the workload on legal department personnel while also cutting down the time typically required for these evaluations by up to 80%, thereby enhancing efficiency and cost-effectiveness in legal expenditures. In summary, such organized strategies can profoundly reshape the financial dynamics within legal departments, fostering a more sustainable approach to managing legal costs.

What is Ascent ELM?

Ascent ELM provides a secure environment for the storage of all legal documents, notes, and updates relevant to your cases. Its intuitive drag-and-drop functionality makes it simple for users to connect various pieces of information from their case data library. With ready-made reports, customizable queries, and thorough search options, obtaining details about any case is a seamless process. Teams enjoy complete oversight of all case-related costs by managing timekeepers and external legal service providers from one centralized platform. By optimizing your workflow with user-friendly features, it becomes effortless to navigate to specific case data and related tasks. Furthermore, Ascent ELM reduces costly overhead associated with billing and invoicing through its user-friendly interface and flexible invoice management system. It also streamlines the communication process among your team and all parties involved in the legal hold, fostering collaboration and clarity. This holistic strategy not only enhances organization but also significantly boosts efficiency in managing legal proceedings, ultimately leading to better outcomes for all involved.

Media

Media

Integrations Supported

V-Person
aarwinMEP

Integrations Supported

Microsoft Outlook

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub

Company Facts

Organization Name

Conduent

Date Founded

2017

Company Location

United States

Company Website

www.conduent.com/solution/legal-operations-solutions/legal-invoice-analytics/

Company Facts

Organization Name

doeLegal

Date Founded

1971

Company Location

United States

Company Website

www.doelegal.com

Categories and Features

Legal Billing

Not specified

Categories and Features

Family Law

Not specified

Law Practice Management

Billing & Invoicing
CRM
Calendar Management
Client Portal
Document Management
Email Management
Legal Case Management
Task Management

Legal Billing

Accounting Management
Calendar Management
Case Management
Client Portal
Document Management
Expense Tracking

Legal Time Tracking

Not specified

Matter Management

Not specified

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