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.

Screenshots and Video

Company Facts

Company Name:
LexisNexis
Company Location:
United States
Company Website:
software.lexisnexis.com/cl/2019/overview

Product Details

Deployment
SaaS
Training Options
Documentation Hub
Online Training
On-Site Training
Support
Standard Support
24 Hour Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

CounselLink Categories and Features

Legal Spend Management Software

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

Enterprise Legal Management (ELM) Software

Contract Lifecycle Management
Document Management
Legal Automation
Legal Spend Management
Legal e-Billing
Matter Management
Reporting / Analytics
eDiscovery

More CounselLink Categories