Effective resource management with legal tracker software is vital for the success of a law department. It provides a streamlined approach to maximizing efficiency, enhancing productivity and empowering...
How does a company define the best corporate legal department? Good, better and best are subjective unless there are defined metrics across various criteria to define best. The criteria to determine high...
LexisNexis® CounselLink® just released its 2025 Trends Report, now in its 12th year. It shows that average law firm partner rates continued to rise in 2024 at a rate of 5.1%. This increase is the...
Legal ebilling software is a necessary application for law departments, especially in this era of technology advancements that streamline, clarify and simplify workflow and bill review software . Other...
Outside lawyers are also known as outside counsel, working in law firms and hired by in-house counsel who work in corporate legal departments. The in-house legal team is directed by the general counsel...
LexisNexis® CounselLink+™ is a feature-rich legal solution for the corporate law department. It unites enterprise legal management software and an extensive contract lifecycle management application in one comprehensive platform. Other applications within the ELM software environment include matter management and case management; financials with billing, invoicing and legal spend management; vendor evaluation, performance review, selection, and management; legal work intake to streamline legal team efficiency; improved analytics and reporting to showcase legal department productivity and status of matters and contracts.
CounselLink+ enables legal department management of work intake, the contract life cycle, vendor relations, and outside counsel spend from a single, customizable platform. Various features enrich the legal and legal operations teams’ experience:
CounseLink + is the foundation that legal departments need to create a legal operations hub where effortless collaboration, more efficient workflow, enhanced productivity, and greater visibility into each aspect of the legal team and operations occurs. One primary benefit of advanced enterprise legal management software, like CounselLink+, is its ability to create data for analytical reports for leadership; evaluate vendors with scorecards and custom dashboards; understand the status of matter management; and also gain insightful information about legal spend and budget management.
Data used in analysis of legal department performance contributes to strategic decision-making about change management, vendor selection and evaluation, talent, budget management, and much more. Another value-added benefit of enterprise legal management and CounselLink+ is its contribution to cost-cutting visibility and legal spend management. The product offers smart financial intelligence tools that flag billing errors and automatically correct them. Administrative review is reduced, which frees up the legal team’s time to practice law.
CounselLink+ streamlines collaboration with the entire legal department, their outside counsel, and the leadership team, making it an essential business operations tool. Contact us to learn more.