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LexisNexis CounselLink Releases the 2021 Enterprise Legal Management Trends Report

Number of Legal Department Vendors: How do you compare?

by Anthony Payumo | Apr 6, 2021

LexisNexis® CounselLink® took a look at the number of vendors that bill CounselLink customers and found some compelling data. On average, 11 vendors account for 80% of a corporation’s legal spend. And another 62 vendors account for the rest of spend—that is, the...

See how your legal costs compare, in precise detail

by CounselLink Marketing | Jan 27, 2021

LexisNexis® CounselLink® Insight is an advanced tool for looking deeply into your costs, and for benchmarking those costs against comprehensive rate and fee data gathered from law firms nationwide. With CounselLink Insight, you’ll get: A database of $33 billion-plus...

Financial Management: Improve the predictability of legal spend

by CounselLink Marketing | Nov 11, 2020

LexisNexis® CounselLink® Financial Management is so much more than an e-Billing tool. It has robust features to help you gain complete control of every penny spent and make informed, data-driven decisions when it comes to legal and matter spend. With CounselLink...

Optimize Working Capital and Reduce Legal Spend

by CounselLink Marketing | Nov 10, 2020

LexisNexis® CounselLink® FastTrack is an innovative financing service that provides up to 2% cash back on invoices submitted to your legal department, while helping your law firms get paid faster. It's simple. When a law firm submits an invoice and selects CounselLink...