ELM Solutions recognizes clients for their innovative approach to legal spend management.
October 27, 2023 — Wolters Kluwer ELM Solutions, part of Wolters Kluwer’s Legal & Regulatory division, announced the winners of its seventh annual Legal Innovators Awards during the ELM Amplify 2023 user conference in Bonita Springs, Florida. ELM Solutions clients Chubb and Marsh & McLennan Companies were celebrated for their innovative approach towards improving the delivery of legal services.
“It’s an honor to celebrate these remarkable clients who continue to demonstrate the power of technology to drive new efficiencies, insights, and value to the legal operations function,” said Barry Ader, Vice President of Product Management and Marketing at Wolters Kluwer ELM Solutions. “Mastering legal spend will be crucial as corporate legal departments position themselves to navigate boldly into the future.”
The annual Legal Innovator Awards recognize ELM Solutions clients who have successfully leveraged technology to transform legal operations. Chubb, the world's largest publicly traded property and casualty insurance company – not to mention a 2019 Legal Innovator Awards winner – worked with ELM Solutions to successfully streamline its electronic claims expense billing and matter management capabilities to gain operational efficiencies in the claims process by automating the process of sending invoices to external parties and customers.
Meanwhile, Marsh and McLennan Companies also utilized Passport to successfully coordinate its global legal spend through a single solution. A leading professional services firm in the areas of risk, strategy, and consulting, Marsh and McLennan Companies was able to achieve the near elimination of paper invoices, better reports to senior management, and more relevant analysis of data to make cost-effective decisions for stakeholders.