Forecast and process legal spend and fully manage engagement with outside counsel

Legal spend management software helps corporate legal and insurance claims departments control and reduce the costs of outside counsel. With the right technology, in-house counsel can capture and analyze detailed cost data, streamline business processes, and proactively manage the cost of legal services while improving productivity.

coins-basic

Deliver significant cost savings and streamline how attorneys and legal staff work

Automated workflows streamline the tedious review of invoices and other financial data while e-billing eliminates the hassles and overhead of paper invoices

search-desktop-basic

Gain visibility into legal spend and make more proactive and strategic decisions

Advanced business intelligence for actionable analytics and reporting tools for detailed analysis of spend to identify opportunities for cost savings and improved value from outside counsel

three-people-connected-basic

Improve collaboration with internal business partners and outside counsel

Visually-rich reports enable effective communication and set expectations internally with regard to budgets

Total spend management
Take back control of your legal spend

Our innovative total spend management approach combines artificial intelligence and legal experts to help you save up to 10% in legal spend and 20% improvement in billing compliance.

Explore our solutions

Passport®

The highest-rated enterprise legal management solution in the legal industry
Learn More

TyMetrix® 360°

Industry-leading SaaS-based e-billing and matter management solution
​
Learn More

Let’s discuss your current processes, challenges, and objectives

  • What is legal spend management software?
    Legal spend management software is a technology solution that helps legal departments forecast, process, and analyze the cost of engaging outside counsel. It combines e-billing, automated invoice review, and advanced analytics to give in-house counsel greater visibility and control over legal expenses.
  • How does legal spend management software reduce costs?
    Legal spend management software reduces costs by automating invoice review, enforcing billing guidelines, and uncovering savings opportunities through data analysis. By replacing manual processes, legal departments can catch billing errors, apply negotiated discounts, and hold outside counsel accountable.
  • How does it improve visibility into legal spend?
    The right solution improves visibility by delivering dashboards, business intelligence, and benchmarking tools that surface trends and risks. This empowers more strategic panel management and better budget forecasting.
  • What is the difference between legal spend management and matter management?
    Legal spend management focuses on controlling and analyzing the costs of outside counsel through e-billing, audits, and reporting. Matter management tracks the status, workload, and risks of legal matters. When combined, they provide a comprehensive view of the relationships between costs, risks, and department performance.
  • How does artificial intelligence support legal spend management?
    AI, benchmarking, and predictive analytics embedded in the workflow support a total spend management approach. These capabilities help drive cost savings, increase billing compliance, and improve forecasting across a matter.
  • Is legal spend management software secure?
    Yes. Leading solutions offer role-based security to limit what users can see, along with flexible hosting options such as private cloud-based SaaS or behind-the-firewall deployments. Look for hosting that meets ISO, SOC, AICPA, and FISMA standards, plus international hosting options to meet local data protection requirements.
Back To Top