Qualcomm Joins Other Leading Businesses in Selecting CounselLink TM
CounselLink chosen for its flexible web-based technology that streamlines legal operations and helps manage spending November 7, 2007 — New York, NY, November 7, 2007 - LexisNexis, a leading provider of information and services solutions, today announced that Qualcomm has chosen CounselLink™ to help simplify and standardize legal operations and improve collaboration with outside counsel. With CounselLink, an integrated matter management and e-billing solution, Qualcomm’s in-house counsel and legal administrative staff will spend less time and effort reviewing legal invoices while gaining greater visibility into how the costs break out. The company’s outside counsel and other legal services providers will be able to submit invoices through CounselLink in multiple formats – such as electronic, email or even paper. Using proprietary SmartReview® technology, CounselLink "reads" the text of the invoice charges to validate and review them against Qualcomm’s billing guidelines. Automating the review and routing process will allow users to focus on resolving legal issues rather than billing issues. In addition, the invoice review tools and integrated reporting within CounselLink allow the user to review large bills faster and easier and leverage their information for better decision-making. "We conducted a thorough review and chose CounselLink for two simple reasons," said Bill Sailer, senior vice president and legal counsel at Qualcomm. "The first was due to the program’s flexibility in accepting invoices in different formats. As we do business around the world, this is a critically important feature for us. The second reason was because the system provided the most powerful tools available to help us analyze and review our spending and our outside counsel activities so we can ensure we are being judicious with their time and our expenses." "In-house legal departments, such as Qualcomm’s, are focused on winning litigation, but they also want to make sure they’re using their outside counsel in the most efficient and effective manner. When clients organize their invoices in enormous binders that are the size of phone books, there’s no way to quickly review and analyze them. That’s why companies of all sizes are now using CounselLink, because we’re able to assist them with their objectives to streamline legal operations and enhance performance," said Marcus Linden, vice president of counsel management solutions for LexisNexis. "Through process efficiencies and reductions in billing errors, companies have improved their invoice review and approval process while gaining better insight into their spending." About LexisNexis LexisNexis® (www.lexisnexis.com) is a leading global provider of information and services solutions, including its flagship Web-based Lexis® and Nexis® research services, to a wide range of professionals in the legal, risk management, corporate, government, law enforcement, accounting and academic markets. A member of Reed Elsevier [NYSE: ENL; NYSE: RUK] (www.reedelsevier.com), LexisNexis serves customers in 100 countries with 13,000 employees worldwide. Media Contact: Amy Storey, 202-828-8819, storeya@fleishman.com