Best Legal Spend Management Software of 2024

Legal billing can be simplified and matters managed more efficiently with TyMetrix® 360deg. TyMetrix®, 360deg allows you to manage everything, from invoices and matters to budgets and rates. It's all in one, ready-built, simple-to-use, and easy-to-learn solution. To improve staff efficiency, streamline legal matters management. To improve the outcome of your matter and to reduce costs, strengthen collaboration with outside counsel. Easy-to-use reports that give real-time visibility to legal spend and other performance metrics can improve decision-making. System support costs can be reduced and total cost of ownership can be decreased. Invoice testing rules that detect billing errors and enforce compliance to billing guidelines automatically catch them. Multi-currency support available for more than 180 currencies, credit note handling and other VAT compliance features. You can instantly get an overview of your legal spend and other key performance indicator (KPIs) with more than 30 standard reports.

Spend Management for Legal Departments. Use your data to make smarter decisions and increase impact. Join legal innovators from around the world to save up to 20% on outside counsel costs. Real market intelligence and purpose-built solutions ensure that you always have the right lawyer at a right price. Transform poor data into structured, accurate data that can deliver trustworthy, high-impact insights. Bodhala's machine learning engine cleans and enhances data before it enters the system. This transforms bad data into usable, structured information. Bodhala customers get a dedicated team made up of legal industry professionals to ensure success from implementation to execution. Our team of experts includes data analysts and former lawyers. Bodhala can help save you up to 20% on your outside legal counsel costs

AI powers the industry's best legal spend management solution. It delivers unparalleled analytics. You can identify patterns and anomalies in litigation costs and discover what works and what doesn’t. Milliman Datalytics-Defense® second-generation e-billing solution uses AI to analyze your firm's performance, helping you streamline invoice review, flag questionable line items, reduce costs, and discover best practices that can be applied firm-wide. Datalytics-defense was developed by Actuaries who have a deep understanding and expertise in the insurance industry. Our solution is backed by our insurance expertise. Datalytics-Defense's legal spend management solution automatically aggregates expense and fee records from all vendors involved with the claims-handling process. It then extracts critical intelligence using proprietary data-mining algorithms from defense counsel invoices.

Manage your legal expenses with industry-leading insights and complete transparency. OnitX Legal Spend Management will keep your expenses on track and help you establish Legal as an important partner in your company. Onit's software for legal spend management allows you to make data-driven choices about legal partnerships, accruals and reserves, risk assessments, and a budget that is free of surprises. Manage invoices by submitting, reviewing, and approving them in a single collaboration tool. Create and enforce billing policies to analyze invoices, and track authorized timekeepers and rate in one place. Analyze invoices using AI recommendations, compare performance to budgets, and view trends in your matter-portfolio from your external law firms or vendors.

Onit Catalyst goes beyond simple reporting to put outside counsel spending in context. It simplifies tough decisions and supports alignment with corporate goals. Click below to login and use our software. It helps corporate legal teams run their business by saving money and making better strategic decisions. Proprietary machine-learning cleans, structures and enhances data to turn disorganized numbers into valuable insights and high-impact information. Easy-to-use, quarterly reporting and analysis with actionable insights about your top practice areas and firms.