Legal departments understand the difference between matter management and legal case management . Matter management governs strategy, budget and oversight. Case management executes the legal work that...
Legal operations teams are under increasing pressure to justify firm selection, manage budgets, and demonstrate value to leadership as outside counsel fees continue to rise. Relying on informal feedback...
Legal departments often begin their technology journey by solving individual problems. A billing tool here. A contract solution there. Maybe a legal tracker or reporting tool layered on later. In the early...
Simple legal billing tools are often the first step legal operations teams take to bring order to invoicing and payments. Electronic billing replaces paper invoices, speeds up approvals and provides basic...
Legal departments evaluating enterprise legal management (ELM) software are no longer asking whether they need the technology. They are asking which platform will support the way their team works today...
* The views expressed in externally authored materials linked or published on this site do not necessarily reflect the views of LexisNexis Legal & Professional.
Enterprise legal management software anchors the law department. It includes various applications to streamline efficiencies, elevate productivity and enhance collaboration. The solution enables outside counsel firms to communicate with in-house legal teams from a single, unified dashboard. AI-driven tools create further automation and optimization and help create efficient workflows for a variety of tasks.
Not all enterprise legal management software is the same. Legal operations professionals can select from light versions to robust. LexisNexis CounselLink+ creates advantages due to its one-tap into the LexisNexis ecosystem. Many opportunities open up for users of LexisNexis CounselLink+, beginning with management of matters, contracts, vendors, financials, and analytical reporting.
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.
CounselLink+ is feature-rich. Legal and legal operations teams’ realize the benefits of the robust features, including:
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.
LexisNexis CounselLink+ is an enterprise legal management solution designed for corporate legal departments. Its various features help legal operations and legal teams manage every aspect of law department functionality and operations.
With automated workflows, AI-driven tools for optimization and collaborative applications, CounselLink+ is a unified legal operations hub.
It includes one-click access to the entire LexisNexis ecosystem that allows users to access other LexisNexis products and subscriptions from the CounselLink dashboard.