eBilling systems help legal teams manage invoices from external legal services firms. The systems automate approvals, audits, and invoice routing. They generate detailed insights into costs, providing overview of incoming invoices and reporting detailed data on outside counsel activities and billing rates.
Lexis Nexis CounselLink is a cloud-based solution that delivers a suite of features including e-billing and legal spend management, matter management, analytics and benchmarking, and legal hold capabilities.
Brightflag is an intelligent Enterprise Legal Management (ELM) platform that uses A.I. and language analysis technology to help corporate legal departments with their matter management, e-billing, invoice review, and reporting and analytics. It allows legal operations professionals to streamline their processes by establishing a center of command for their legal team and provides in-house lawyers with an automated solution to reviewing invoices, enabling them to spend more time on higher-value tasks.
Legal Tracker by Thomson Reuters provides matter management, e-billing, reporting, and analytics capabilities. Features include searchable legal matter information, automated invoice workflows and auditing tools, and reporting and analytics on peer company spend.
Mitratech’s Collaborati and Viewabill promotes collaboration between corporate legal departments and their outside counsel by providing the ability to see matter entries in near real time. With it, they submit electronic invoices, communicate timekeeper information and rates, capture negotiations, and collaborate on budgets.
Wolters Kluwer ELM Solutions’ LegalVIEW powers benchmarking intelligence, predictive and analytical models, and management insights embedded in Wolters Kluwer ELM Solutions’ legal analytics portfolio. LegalVIEW is also the main data source for the Real Rate Report®, a benchmark for law firms and staffing rates based on actual data, not surveys.