Best Legal Spend Management Software - Page 2

Analyzing your profits and expenditures is the only way to ensure your law firm remains profitable. Reduce or even eliminate the possibility of human error by incorporating an intuitive, fully-integrated, and accurate financial reporting system with reliable law firm account software. This gives you the opportunity to recognize which areas of your law firm are performing best, and others that could use some improvement. Establish, manage, and meet your firm’s financial goals by tracking the profitability of the firm as well as for timekeepers, practice areas, and client matters. Capture more time and maximize accuracy with efficient ways to reduce revenue loss while meeting growing client needs. Meet your firm's financial goals by streamlining payables, reducing user error, and identifying profitable practice areas. Spend less time on administrative tasks and more time practicing law by optimizing your workflows.

LexisNexis® CounselLink® is the leading cloud-based legal management solution designed to help corporate legal departments gain 100% visibility into all matters and invoices so they can control costs, maximize productivity, and make better decisions. Improve the predictability of legal spend with complete visibility into both electronic and print invoices down to the line item detail so you have total control and oversight of every penny spent by the department. Plus, save time with SmartReview rules engine, which automatically adjusts charges to match your billing guidelines. Collect, organize, track, audit, and report on all internal and external work and legal spend so you can increase the productivity and cost-effectiveness of your legal department to drive better outcomes for your business. Strengthen your relationships with law firms as you collaborate on budgets and assign firms. Plus, rate and score law firms to objectively and consistently measure their performance.