Legal operations software, sometimes referred to as enterprise legal management software, is used by in-house legal departments to handle daily operations. In-house legal professionals use legal operations tools to manage legal spend, keep an electronic database of legal records, and generate reports with analytics related to legal activity.
Legal operations software often includes intake, matter management, contract management, spend management, knowledge management, billing, and analytics capabilities. Corporate legal departments use legal operations solutions to maintain a holistic view of their activities, control legal spending, and manage an electronic legal record repository. A key function of legal operations software is to automate processes and create a centralized hub for all relevant operations information.
Legal operations solutions can be used as standalone pieces of software, as they often provide end-to-end functionality for legal department management. However, most legal operations software will integrate with document management systems and other basic office software.
To qualify for inclusion in the Legal Operations category, a product must:
LexisNexis CounselLink® solution offers advanced software features for matter management, legal spend management and legal holds, as well as strategic consulting services focused on process improvements, benchmarking and analytical assessments.
Advocator System ELM (Enterprise Legal Management) is a highly configurable Enterprise Legal Management technology platform that supports firms to manage their legal, compliance and risk in a more systematic way. It has configurable features that support improved litigation and legal spend management
SaaS-based e-Billing and Matter Management solution, TyMetrix® 360° lets you manage everything from matters and invoices to budgets and rates - all in one ready-built, easy to use, and simple to learn solution. http://www.wkelmsolutions.com/products/T360