What Is CounselLink

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:

• Unified Workspace: Integrates with exclusive resources including LexisNexis Practical Guidance and "Ask Legal" on Microsoft Teams with one-click access to the entire LexisNexis ecosystem.
• Contract to Matter Linking: Legal matters integrate with contracts, and users can more easily access respective contracts that correspond with associated matters from the ELM dashboard. This advanced feature enhances compliance and ease of oversight.
• Efficient Contract Drafting: LexisNexis Practical Guidance® provides CounselLink+ users with hundreds of contract templates that integrate with Microsoft Word. A CounselLink+ Word plug-in delivers seamless contract drafting from start to finish.
• Enhanced CLM Workflow: The CounselLink+ add-in for Microsoft Word facilitates the creation and management of legal documents. This streamlines workflows and enhances productivity.
• AI Legal Support: Available on Microsoft Teams, “Ask Legal” provides AI-generated responses to simple legal questions from business stakeholders. Requests to the legal department are automated, while Ask Legal provides a self-service feature to business stakeholders.

Why CounselLink+ For Legal Departments

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.