New features make it easier for legal teams to collect, organize, track, audit and report on the work conducted in the legal department and demonstrate the value they deliver to the enterprise
RALEIGH, NC – May 13, 2019 – LexisNexis® CounselLink®, a leading cloud-based enterprise legal management solution for corporate legal departments, today announced the launch of a comprehensive set of new work management tools that allow legal teams to go beyond just managing matters and take a more holistic approach to managing their work. This approach is critical for GCs who need to understand the full scope of work handled by their legal department to provide strategic advice, metrics and information to their business stakeholders. With all information accessible in a single interface, the new work management features help legal departments better manage internal work product and matters, relations with outside counsel and total legal spend, and ultimately drive better decisions. LexisNexis will be demonstrating CounselLink’s new capabilities May 14-16 at CLOC 2019 Vegas Institute.
CounselLink’s new work management features enable legal departments to collect, organize, track, audit and report on all the work performed within the department. Departments can:
- Ensure all work and information is collected in one central system through innovative legal request workflows and flexible custom data fields
- Assign and coordinate work among internal and external resources and monitor compliance with processes and SLAs with robust task management – including task templates, dependencies and audit trails.
- Analyze work using CounselLink’s extensive reporting options
“So much information flows in and out of the legal department without being formally promoted to a ‘legal matter,’ including requests for advice, legal inquiries and other types of submissions,” said Aaron Pierce, general manager of CounselLink. “Having the right tools to understand and manage all the work your legal department is asked to perform is just as important as tracking every line item of every invoice. With complete visibility into all work and invoices, CounselLink helps legal departments control costs, maximize productivity and make better decisions – elevating their role as an indispensable business partner.”
CounselLink integrates tools for work management, financial management and vendor management in a single system that provides visibility and access to all work and data. Together, these components provide holistic support to law departments in achieving their goals of improving efficiency and effectiveness, obtaining a higher level of cost predictability and oversight, and ensuring they become an indispensable business partner.
“The market is at a transformative moment. Our customers – and industry research – tells us workloads have increased and are more complex. They are under significant pressure to improve efficiencies, establish standardized work processes, measure performance and be accountable to the business,” Pierce added. “CounselLink makes it easier for GCs and their staff to do their work, to know what’s happening inside and outside the department, and to demonstrate the value they provide to stakeholders in the business.”
About LexisNexis® CounselLink®
CounselLink is a leading cloud-based software solution for Enterprise Legal Management (ELM), including work management, financial management, vendor management and legal hold solutions designed to help corporate legal departments manage operations while providing analytics and benchmarking tools for better decision-making. Expert professional services and product support teams are available to help users maximize the benefits of their investment. CounselLink also offers tiered package options to address the unique requirements of both large and small legal departments. Discover more about CounselLink online: https://counsellink.com
About LexisNexis Legal & Professional
LexisNexis Legal & Professional is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis Legal & Professional harnesses leading-edge technology and world-class content to help professionals work in faster, easier and more effective ways. Through close collaboration with its customers, the company ensures organizations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. LexisNexis Legal & Professional, which serves customers in more than 175 countries with 10,000 employees worldwide, is part of RELX Group plc, a world-leading provider of information solutions for professional customers across industries.