Why It Matters
Outside counsel is usually a legal department's largest cost. Spend management tools apply billing guidelines automatically, flag unusual charges and give the data needed to compare firms and negotiate rates.
Legal Operations & Spend Management Companies
OnitOnit provides enterprise legal management software for matter management, legal spend and legal operations…
DiliTrustDiliTrust offers SaaS software for legal operations and corporate governance, covering board portals, contract…
WordsmithWordsmith is an AI platform for in-house legal teams to draft, review and research…
BrightflagBrightflag is legal spend and matter management software with e-billing and vendor management for…- PERSUITPERSUIT is a platform for running legal RFPs and managing outside counsel pricing and…
Streamline AIStreamline AI is a developer of intelligent intake, workflow automation and matter management software…
Related Terms
- E-billing
- Electronic submission and review of law firm invoices by legal departments, usually with billing guidelines applied automatically.
- Outside counsel guidelines
- A legal department's written rules for the firms it hires, covering staffing, billing, expenses, communication, security and, increasingly, use of AI.
- Legal budget
- A legal department's plan for internal costs, outside counsel and technology over a year, often broken down by matter or business unit.
- Accruals (legal spend)
- Estimates of legal work performed but not yet billed, reported so finance can record the liability in the right period.
General information, not legal advice. Part of the Legal Tech Glossary, 173 terms in plain English.