CounselLink® Vendor Management helps you select firms that are well-suited for your specific matters, control costs, and drive service excellence to gain increased value from vendors throughout your partnership. Law firms are integral to your team’s success, so consistently evaluating their work is crucial to ensure you are nurturing relationships with the right partners.
To help make data-driven decisions when selecting outside counsel you can identify top outside counsel attorneys instantly with firm and attorney success data powered by Lex Machina®, a legal analytics tool from LexisNexis.
Fee Structures
Negotiate fee agreements with law firms so they can effectively invoice for legal work performed. You’ll also have the native ability to handle all types of alternative fee arrangements.
Diversity Survey
The Law Firm Diversity Survey collects and tracks diversity information reported by law firms to increase accountability, helping you to assess your vendor’s diverse talent pool.
Timekeeper Rate Analysis
Establish, monitor, and enforce timekeeper rates and visualize historical time comparisons so you can compare and evaluate performance among law firms.
Billing Guidelines
Facilitate the onboarding process by creating and publishing documentation that details your organization’s billing practices, which law firms can accept prior to invoicing.