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What is ProLaw?

Your role encompasses a diverse array of responsibilities that can be quite demanding, as you are regularly consulted for legal advice on matters including employment, intellectual property, and commercial disputes. Beyond achieving your organization's strategic objectives, you are also responsible for identifying and mitigating risks, increasing departmental efficiency, and reducing external legal costs. The specialized content provided is developed by experienced attorneys who have significant expertise and deep understanding of their respective domains. You have full control over your legal assignments and timelines, giving you the choice to manage them in-house or engage external counsel as needed. By offering your team a virtual extension, you can access extensive support in new legal territories whenever required, all presented in easily digestible formats. Practical Law continually updates its online resources, which are curated by a team of over 600 dedicated attorney-editors across the globe, ensuring you receive valuable perspectives on niche practice areas and a wide range of industries. This commitment to continuous improvement guarantees that you remain up-to-date with the latest trends and best practices within the ever-evolving legal environment, enhancing your ability to navigate complex legal challenges effectively. Furthermore, you can rely on these resources to bolster your team's legal acumen, empowering them to make informed decisions.

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

DocsCorp
ECFX Notice
Longview Tax
Microsoft Excel
Microsoft Outlook
SmartAdvocate
Uptime Legal
iTimekeep

Integrations Supported

V-Person
aarwinMEP

API Availability

API Availability

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

Windows

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Thomson Reuters Elite

Company Website

www.elite.com

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

Law Firm Accounting

Not specified

Law Practice Management

Billing & Invoicing
CRM
Calendar Management
Conflict Management
Contract Management
Document Management
Legal Case Management
Time Tracking
Trust Accounting

Categories and Features

Legal Billing

Not specified

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