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White Papers
LegalVIEW® Forum: Establishing Value-Based Pricing and AFAs
Cost pressures and price competition among law firms have affected fee negotiatioins with corporate clients.
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Enterprise Legal Management
Every day, General Counsels are being asked to demonstrate the value of the legal services they provide. Whether from the CEO or shareholders, they face pressure to demonstrate efficiency within the global legal function. It is this pressure that has driven the meteoric rise in recent years of the market for European Legal Spend Management services.
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TyMetrix Legal Spend Management EMEA
When William III of Orange commissioned the Hampton Court Maze in 1690, he surely could not have imagined that, over 300 years later, coaches full of school children would delight in getting lost in its myriad of dead ends and false starts. Likewise, the legal professionals of the day didn’t have to comprehend the tangled complexity of managing millions of pounds of legal spend.
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Measuring the ROI from Legal Spend Management Systems
Every day, General Counsels are being asked to demonstrate the value of the legal services they provide. Whether from the CEO or shareholders, they face pressure to demonstrate efficiency within the global legal function. It is this pressure that has driven the meteoric rise in recent years of the market for European Legal Spend Management services.
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What's Hidden in Your Numbers
The recession has brought unprecedented pressure on the providers and consumers of legal services to control and measure value for money. doing so can not only drive down costs and maximize profits, but improve business relationships and overall outcomes.
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How Corporate Legal Departments Can Create Effective Alternative Fee Arrangements
Alternative fee arrangements (AFAs) have become one of the hottest topics in legal circles as a way to cut legal costs. This paper reviews best practices and criteria for creating and implementing AFAs that will work for you, your organization and your law firms.
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Legal E-billing and Spend Management in Europe and Beyond
The environment in Europe continues to evolve in terms of laws and regulation. This paper offers insight about the European marketplace for legal e-billing and offers guidance for those about to embark as well as those already in the midst of a legal e-billing and spend management implementation.
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Mastering Matters through Business Intelligence
To control costs and optimize outcomes in managing legal matters, corporate legal departments and law firms need to make smart use of integrated technology solutions that provide actionable intelligence through structured, consistent, and accessible data.
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For Claims Departments, Convergence of Matter Management and E-billing Creates Opportunity
Litigation management calls for a single system that consolidates both e-billing and matter management. This paper reviews the five essential criteria to consider when planning to extend an existing system or deploy a new system as a single platform to meet your litigation management objectives.
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Nine Best Practices for Managing Outside Counsel
One of in-house counsel’s top concerns is cost reduction. This paper highlights nine best practices to achieve strategic, cost-effective utilization of outside counsel, while increasing valuable internal competencies.
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Putting Data to Work
An organization’s data can be among its chief assets, providing the intelligence to improve performance across the organization. This paper presents the Legal Performance Management Continuum as an actionable framework for putting data to work to deliver better, faster decisions and improved results.
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UTBMS Codes: Customization and the Future of Standardization
The Uniform Task Based Management System (UTBMS) codes have been an important part of legal e-billing almost since the tools were brought to market. This paper weighs the trade-offs and benefits of using customized vs. standardized UTBMS codes in legal e-billing systems, from both the client and law firm sides.
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