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What is TyMetrix 360?

Transform your legal billing practices and streamline the oversight of legal cases with TyMetrix® 360°, an all-encompassing platform that integrates case management, invoicing, budget tracking, and rate management into one intuitive interface. This optimization not only elevates staff efficiency but also enhances collaboration with external legal partners, ultimately leading to superior case outcomes and improved cost control. Moreover, the platform offers clear reporting features that deliver immediate access to insights on legal spending and key performance indicators, empowering you to make well-informed decisions. It also aids in reducing system maintenance costs and the overall expense of ownership. The advanced invoice validation process adeptly detects billing errors, ensuring compliance with established billing guidelines. Supporting more than 180 currencies, along with features for credit note processing and VAT compliance, TyMetrix® 360° is designed to manage a wide array of billing situations effectively. Additionally, you will benefit from more than 30 preconfigured reports that quickly reveal your legal financials and critical KPIs, facilitating easier data-driven management. By utilizing these comprehensive tools, your legal operations can achieve remarkable improvements in effectiveness and efficiency. The integration of these capabilities ensures that your team is better equipped to navigate the complexities of legal financial management.

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
LegalVIEW BillAnalyzer
LexisNexis Prospect Portfolio
Nexis Data+
Nexis Diligence
Nexis Social Analytics
VerifyRX
eCitation

Integrations Supported

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

Wolters Kluwer

Date Founded

1836

Company Location

Netherlands

Company Website

www.wolterskluwer.com/en/solutions/enterprise-legal-management/tymetrix-360

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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