The energy industry is at a crossroads of transformation. Sustainability commitments, uncertain demand, global climate change, and legislative mandates have placed unprecedented pressure on legal and IT operations.
Oil and gas
Utilities
Green and renewable
Nuclear
We have used ELM Solutions reporting extensively to analyze and evaluate our use of outside counsel legal services, as well as to analyze various types of matters, particularly those matters that involve recurring litigation. For those cases, we can analyze how a firm is using its resources, for example, the distribution of work being performed by partners and associates. We can also look at which aspects of a matter are utilizing the greatest amount of time and resources. With this information, we can implement ways to better manage costly and time-consuming areas such as discovery.
More efficiently manage your legal spend and matters with Wolters Kluwer
Wolters Kluwer ELM Solutions provides a suite of fully integrated, industry-leading solutions to support your need for more efficient processes aimed at reducing spend and managing outcomes.
- Streamline workflows for greater efficiencies and collaboration
- Improve legal bill review processes to uncover savings and optimize resources
- Leverage historical data and benchmarking to identify the right firm at the right price for improved matter outcomes and outside counsel relationships
- Enable actionable data and analytics to effectively manage costs, risks, and resources
Up to 10% cost savings on legal spend
Up to 20% increase in billing guideline compliance
Improved efficiency, allowing attorneys to focus on value-added work
Enhanced decision-making driven by industry benchmarks and predictive insights
Maximize performance and streamline processes using Wolters Kluwer's industry-leading, flexible, and extensible legal management platforms
Wolters Kluwer ELM Solutions has been recognized as a market leader in the 2023 IDC MarketScape Report
Wolters Kluwer ELM Solutions is positioned as the market-leading ELM solution in the IDC MarketScape report, reflected as a pioneer in the delivery of our Passport and TyMetrix 360° platforms.
It states how we continue to innovate and stay relevant based on managed services, AI investments, and feature development.
This is coupled with a stress on incredible stability, setting a strong organizational foundation clients can feel comfortable investing in.
eBook: Is your energy corporate legal department future-ready?
With the right technology, corporate legal departments can make actionable, intelligent decisions that significantly and positively improve matter management, law firm selection, and more, helping them deliver exceptional outcomes in an increasingly complex and rapidly evolving environment.