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What is ExpenseCore Legal?

Managing legal operations, both internally and externally, is a crucial aspect of enterprise legal management. Tools specifically designed for enterprise legal management (ELM) enable in-house legal teams to obtain a thorough insight into their organization’s legal spending, including all related documents and records. Moreover, high-quality ELM software typically features a legal bill review function that helps to identify and correct billing compliance issues, which can significantly reduce losses from overpayments to outside counsels, ultimately decreasing overall legal expenses. In addition to these features, a comprehensive ELM solution often includes essential functions such as vendor management, matter management, claims management, document management, knowledge management, litigation management, e-billing, and robust reporting and analytical tools, all of which enhance operational efficiency. By adopting this diverse strategy, organizations can both optimize their legal workflows and enhance their ability to make strategic decisions regarding their legal investments. This holistic approach not only ensures smoother legal operations but also positions companies to better align their legal strategies with business objectives.

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.

Media

Media

Integrations Supported

8am LawPay
Microsoft 365
Microsoft Outlook
QuickBooks Online
V-Person
aarwinMEP

Integrations Supported

8am LawPay
Microsoft 365
Microsoft Outlook
QuickBooks Online
V-Person
aarwinMEP

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

LSG

Date Founded

2003

Company Location

United States

Company Website

www.lsg.com/enterprise-legal-management

Company Facts

Organization Name

Conduent

Date Founded

2017

Company Location

United States

Company Website

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

Categories and 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

Categories and Features

Legal Billing

Accounting Management
Automatic Billing
Calendar Management
Case Management
Client Portal
Document Management
Expense Tracking
Time Tracking

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