Legal Tracker Advanced

Name: Legal Tracker Advanced
Author: Thomson Reuters

Legal Tracker Advanced is an AI-powered legal spend management solution designed to help corporate legal departments optimize their operations and reduce costs. It offers comprehensive tools for rate management, matter pricing, spend analytics, and workflow automation, enabling legal teams to make data-driven decisions and enhance efficiency.

Features

Automated rate management with real-time dashboards and automation tools for internal and external benchmarking
Advanced AI capabilities, including generative AI-powered natural language processing and multilanguage models to streamline invoice review processes
Timekeeper rate review tools to benchmark legal spend against industry, historical, and activity data
Reporting and analytics with access to aggregated data from over 1,800 law departments and 120,000 law firms worldwide
Matter pricing and RFP workflows to intelligently select the right firm at the right price for each legal matter
Electronic billing system that automates currency conversion, timekeeper rate enforcement, expense compliance, and alternative fee arrangements
Matter management features providing instant access to a repository of all legal matters with customizable automation for matter entry and updates
Spend analytics offering detailed legal insights and benchmarking data to evaluate law firms, attorneys, and judges

Product Details

Pricing: Custom
Deployment: Cloud
Location: 🇺🇸 New York, United States

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Legal Tracker Advanced

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