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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 CounselLink?

LexisNexis® CounselLink® is recognized as a leading cloud-based legal management solution designed to grant corporate legal departments unparalleled visibility into all matters and invoices, which aids in effective cost management, productivity enhancement, and informed decision-making. The platform's capability to present both electronic and paper invoices in detail, down to the line item, significantly enhances the accuracy of forecasting legal costs, guaranteeing that every expenditure is tracked and accounted for. Moreover, its time-efficient features, including the SmartReview rules engine, optimize the billing process by automatically aligning charges with predefined billing standards. The system supports the collection, organization, tracking, auditing, and reporting of all legal expenses, whether internal or external, thereby improving the legal team's efficiency and cost-effectiveness to drive superior business outcomes. In addition, it strengthens relationships with law firms by promoting collaboration on budgets and assignments. Users benefit from the ability to assess and rate law firms, which provides a reliable and impartial mechanism for evaluating their performance and efficacy over time. This holistic strategy not only facilitates financial oversight but also cultivates a more strategic legal department, better prepared to tackle future obstacles and improve overall operations. By ensuring a comprehensive understanding of legal spending and performance, CounselLink empowers legal departments to align closely with broader organizational goals.

Media

Media

Integrations Supported

Microsoft 365
Microsoft Outlook
Bridger Insight XG
Juris
LawPay
LexisNexis Prospect Portfolio
Nexis Data+
Nexis Diligence
Nexis Social Analytics
QuickBooks Online
VerifyRX
eCitation

Integrations Supported

Microsoft 365
Microsoft Outlook
Bridger Insight XG
Juris
LawPay
LexisNexis Prospect Portfolio
Nexis Data+
Nexis Diligence
Nexis Social Analytics
QuickBooks Online
VerifyRX
eCitation

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

LexisNexis

Company Location

United States

Company Website

software.lexisnexis.com/cl/2019/overview

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

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

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