What Legal Departments Can Expect If Buying Into E-Billing

Law360, New York (January 21, 2015, 8:32 PM EST) -- As organizations seek new ways to centrally manage and obtain greater visibility and predictability in legal spend, a growing segment of solution providers is emerging to offer analytics and reporting capabilities that provide organizations with deeper insight into billing and matter data. By offering greater visibility into trends and benchmarks in total cost, attorney performance and sources of waste, these vendors help improve spend and vendor management decisions. The promise of this insight lies in data-driven support for decisions related to the management and selection of legal providers, as well as the negotiation and oversight of service terms, with the ultimate aim of reducing legal spend....

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