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What is Legal Cost Control?

The Legal Cost Control team offers a wide array of services that encompass the oversight of legal fees and expenses, the execution of legal audits, and the evaluation of legal bills for both clients and their external legal representatives. Their expertise includes providing authoritative testimony regarding legal costs and functioning as legal fee examiners in corporate bankruptcy proceedings. Additionally, they perform evaluations of legal services and tailor billing guidelines specifically for outside counsel. Beyond these offerings, the Legal Cost Control team introduces cutting-edge legal eBilling solutions, incorporating a web-based invoice management platform that adeptly processes various legal bills in a unified electronic format, which undergoes extensive artificial intelligence scrutiny as well as subjective evaluation. No matter the specific area of legal practice, Legal Cost Control aids clients in effectively managing their legal fees while delivering essential insights into their spending analytics and metrics. This holistic strategy not only facilitates the optimization of legal expenditures but also empowers clients to make informed decisions regarding their legal investments.

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

Integrations Supported

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

API Availability

API Availability

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard 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
Online Training
On-Site Training

Company Facts

Organization Name

Legal Cost Control

Date Founded

1996

Company Location

United States

Company Website

legalcost.com

Company Facts

Organization Name

LexisNexis

Company Location

United States

Company Website

software.lexisnexis.com/cl/2019/overview

Categories and Features

Law Practice Management

Billing & Invoicing
CRM
Calendar Management
Client Portal
Conflict Management
Contract Management
Document Management
Email Management
Legal Case Management
Task Management
Time Tracking
Trust Accounting

Legal Billing

Not specified

Matter Management

Not specified

Categories and Features

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