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What is LawTrac?

Elevate your operational effectiveness and oversight while simultaneously cutting costs with impressive speed and ease. Take advantage of a powerful legal management solution that has proven its value to industry professionals. Legal teams relying on disparate internal systems, applications, and spreadsheets for tracking matters, invoices, and documents may waste as much as 10% of their time on routine administrative tasks. Designed specifically to overcome this issue, LawTrac is easy to implement and adopt, providing immediate comprehensive insight into matter management and expense data. Our steadfast commitment to client success guarantees that your legal department will reap significant benefits in the least amount of time. By merging essential legal operations into a sleek, modern interface, LawTrac enhances efficiency and promotes engagement across the entire legal team. Users can swiftly access all matter-related information, including status updates, involved parties, important events, documents, and tasks, thereby fostering a seamless workflow that empowers legal professionals. In the end, choosing LawTrac not only streamlines processes but also equips your team with the necessary tools to concentrate on high-value initiatives, ultimately transforming the way they operate. Furthermore, this transition enables legal departments to respond more swiftly to evolving challenges and client needs, solidifying their role as strategic partners within the organization.

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
Aderant
Adobe Document Cloud
Arctera Enterprise Vault
Compas Suite
Finastra Essence
Fusion Phoenix
Microsoft Excel
Okta
Protiviti Governance Portal
SAP Cloud Platform
Salesforce
Spotify for Podcasters
iManage

Integrations Supported

Microsoft 365
Juris
LexisNexis Prospect Portfolio
Nexis Diligence
Nexis Social Analytics
VerifyRX
eCitation

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
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

Mitratech

Date Founded

1987

Company Location

United States

Company Website

mitratech.com/products/lawtrac/

Company Facts

Organization Name

LexisNexis

Company Location

United States

Company Website

software.lexisnexis.com/cl/2019/overview

Categories and Features

Categories and Features

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