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 second highest since CounselLink launched its annual Trends...
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 benefits of e-billing systems include increased accuracy...
Hiring outside counsel requires understanding of various factors, expertise and credibility of the lawyer against the litigation needs of the in-house counsel team. Often, hiring outside counsel and retaining them aligns with relationships. How long has a law firm...
Legal case management is a comprehensive approach to handling legal cases efficiently and effectively. It involves the use of a legal case management system, the specialized case management software for lawyers. Various methodologies exist within the legal case...
By LexisNexis® CounselLink® One of the biggest headaches that in-house counsel grapple with is how to effectively manage their organization’s vast universe of contracts — from complex commercial transactions to routine vendor agreements. Contract...
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...
Efficiency and organization in the legal department and law firms drive the pathway to success. Attorney case management software provides one of the indispensable tools for modern law practices, transforming how legal professionals handle cases, manage documents...
In mid-July 2024, the CounselLink blog was officially launched, publishing twice weekly to provide those interested with enterprise legal management features and content for the corporate legal world. Our audience of readers is people in legal operations, in-house...
by Kris Satkunas and Stephanie Beck Virtually every legal department is under pressure to reduce and tightly manage costs. And for most legal departments, legal spend cost saving with outside counsel represents a very large portion of that cost. In addition to...
The CounselLink ® 2024 Trends Report: Dynamics Shaping the Future of Legal , reports on outside counsel median partner billing rates and other data culled from the enterprise legal management platform benchmarking database. For the second straight year, corporate...
Legal department success is defined by being a strategic partner to the business, adhering to company goals, delivering quality legal counsel, and optimizing legal costs and resources. Put simply, legal operations professionals manage the procurement of technology...