Insurance

100% adoption of deep cost management tools. That's true insurance against risk

Corporate Counsel Software for the Insurance Industry

Why have the nation's largest insurance companies signed on with CounselLink? This powerful, sophisticated platform gives claim handlers and claims legal departments unprecedented control of a firm's invoices and payments.

CounselLink is a software-as-a-service (SaaS) solution for insurance companies who want confidence in their compliance and financial management.

"In addition to the crucial productivity and efficiency benefits we've realized, we have achieved 17 percent cost savings in our legal department's litigation spending since implementing CounselLink." Edgar Meza, Vice President of Claims, Fred Loya Insurance

Real-time Matter Management, Integrated into Microsoft® Outlook®.

Share information with all relevant parties while managing documents and spend in real time. With our anytime training, the familiar layout of Outlook, and the overall intuitive nature of this platform, you can expect 100% adoption by your staff. Teams will also be able to collaborate more easily with faster, clearer, and more concise views of ongoing projects.

  • Stay informed of all aspects of matter management
  • Assign matters and collaborate with outside counsel
  • Update data, contents, documents, status notes and templates

E-billing: A Faster, More Accurate Way to Review, Analyze and Approve Invoices.

Before LEDES even existed, LexisNexis had developed a process for turning paper invoices into electronic invoices. With the CounselLink electronic billing (e-billing) function, you have tighter control and can easily detect and flag billing rule violations, analyze costs, spot trends and identify areas of potential risk and savings.

  • Manage and control your legal expenses
  • Route invoices through the approval process
  • Evaluate system-reviewed invoices, comparing charges against your unique billing guidelines or rules
  • Support a variety of genuine alternative fee arrangements

Spend More Time on Legal Work and Less Time on Paperwork.

Get accurate information on your allocated legal costs, law firms, and department activity with CounselLink. Compile detailed spend, case, division, staffing, risk, and outside counsel management reports faster and easier. CounselLink eliminates duplication and organizes all relevant information and documents inside one electronic case file.

With CounselLink Reporting and Metrics, you can produce accurate and timely reports. Use the information you have to elevate your department's value with insightful analyses, periodic reviews, and regular consultation from your dedicated LexisNexis® support team.

  • Make faster, more informed decisions
  • Anticipate regulatory shifts or even routine litigation.
  • Get accurate information, at the right time, with a highly customizable dashboard

Legal Holds

You have a legal duty to issue written holds, track acknowledgements, and send periodic reminders to all relevant parties related to pending litigations. CounselLink gives you the ability to create standard hold templates and enables you to track e-mails and acknowledgements, providing an auditable trail of notifications and responsibilities.

  • Develop and automate an effective internal process for legal holds.
  • Create a culture of compliance among your staff and your outside counsel.
  • Demonstrate that appropriate steps were taken to avoid spoliation of evidence.

Collaboration with Outside Counsel

CounselLink helps you collaborate with outside counsel, assign multiple firms to a case, and track their efficiency over time. CounselLink also helps you evaluate new firms and track your specific cost-cutting and diversity initiatives.

Backed by the Experience of LexisNexis

We understand the demands of insurance, in both the claims department and the law department. LexisNexis has provided cutting-edge solutions and services for over 35 years. Today, LexisNexis provides solutions and services to some of the largest, most profitable insurance institutions in the world.

Learn more about how LexisNexis and CounselLink can work for you.

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For more information call 866.799.3721

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Current customers call 800.600.2282

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