Legal E-Billing & Spend Management
Enhance Legal Operations Efficiency
Trusted by leading organisations worldwide, Thomson Reuters’ Legal Tracker offers a comprehensive legal spend and e-billing solution designed for enterprise legal management
1,800+
corporate legal department users globally
>120K
law firm and vendor users
>482K
users across 193 countries
Significant cost savings
Reduce legal expenses through benchmarking and analytics that facilitate lower timekeeper rates and error correction in billing.
Enhanced visibility
Gain comprehensive insights into law firm spending with automated reports and dashboards for improved decision making.
Data-driven negotiation
Leverage over $230B worth of anonymised data to negotiate better rates and predict future legal spend, enabling your legal team to become a strategic partner in driving business success.
Operational efficiency
Automate manual tasks to streamline operations, allowing your legal team to focus on strategic priorities.
Elevate your legal team’s strategic impact and optimise spend with Legal Tracker
Automated e-Billing
Our legal billing software simplifies budgeting, ensures compliance, and enforces guidelines, saving you time and money. Automate billing electronically to boost efficiency.
Transform legal spend with advanced reporting and analytics
Track legal spend trends, forecast costs, and make data-driven decisions for optimal performance and budget management.
Elevate legal operations with seamless integrations and actionable insights
Centralise legal management and automate processes, no matter your corporation’s size. Leverage our legal spend data for efficient cost savings, with seamless system integrations and global localisation.
Optimise legal spend with advanced budgeting and rate management
Efficiently manage spend and outside counsel rates with advanced benchmarking tools and predict future costs to enhance financial control and identify savings opportunities.
Strengthen risk control through matter and spend analysis
Efficiently manage legal matters by linking spend data to matters for full visibility and risk mitigation. Easily track status, finances, and matter outcomes in one place with customisable automation.
See it for yourself
Future-proof your legal spend with agility and precision. See how Legal Tracker keeps you ahead of legal trends and your legal strategy resilient.
Now we have a single workflow, one process, one route to get timekeeper rates approved and data captured… with very little impact on people’s day to day lives, we get amazing results
John Elliot, Manager Legal Operations, Netflix
Awards & recognitions
Featured resources
Study
Forrester Total Economic Impact – Cost Savings and Business Benefit: Thomson Reuters’ Legal Tracker
Report
State of the Corporate Law Department (Mar 2024)
Report
Future of Professionals – Asia & Emerging Markets (Apr 2024)
Frequently asked questions
Legal spend management involves the process of overseeing and controlling expenses related to legal services and activities. A legal spend management solution provides tracking and optimising expenditures, ensuing that legal costs align with the organisation’s budget and financial objectives. This typically involves managing interactions with legal service providers, assessing the efficiency of legal expenditures, and implementing strategies to reduce costs while maintaining the quality of legal services.
Legal E-billing offers several advantages, including streamlined processes for submitting and processing billing information, which reduces the potential for errors and delays. It enhances transparency and allows for easier tracking of billing activities. Additionally, e-billing can improve efficiency by automating routine tasks and providing quicker access to billing data, facilitating faster payments and more effective management of financial transactions.
Improving overall legal operations can be achieved by analysing various metrics such as the total expenditure on legal services, time allocation across different cases or tasks, and the frequency of specific legal activities. This analysis helps identify performance and efficiency levels within legal teams, ensures adherence to budgets, and evaluates the outcomes of legal matters. By understanding these aspects, you can optimise resource use, streamline processes, and make more informed decisions to enhance the effectiveness of legal operations.
While Legal Tracker is designed primarily for corporate legal teams, it has seen significant adoption by law firms, creating a seamless and connected community within the platform. With a global directory of over 120,000 legal vendors, law firms can efficiently collaborate with their corporate clients on Legal Tracker. This widespread adoption ensures a streamlined workflow and fosters stronger partnerships, allowing both corporate legal teams and their outside counsel to work together more effectively within a unified, trusted system. Through Legal Tracker, outside counsel can submit invoices, and communicate with your team, ensuring better coordination, transparency, and efficiency in managing legal matters.
Yes. Through application programming interface (API) integrations, Legal Tracker can seamlessly connect with financial systems such as enterprise resource planning (ERP) or accounting software, allowing for streamlined data transfer, synchronisation of financial information, and unified reporting capabilities. This integration enables organisations to consolidate financial data, enhance accuracy, and gain a comprehensive view of legal spend within their existing financial infrastructure.
Choose whether you want your data stored in Australia, U.K., Germany, U.S. or Canada. Your team can work confidently across the globe while knowing your data is safe with Legal Tracker.
Legal Tracker is Thomson Reuters’ core legal e-billing and spend management solution. It is designed to help you streamline and manage your legal operations efficiently. For users with more complex needs, we offer Legal Tracker Advanced, an optional module that adds enhanced features such as customised reporting and analytics as well as additional workflow automation. Depending on the size of your legal department and the complexity of your legal spend management needs, you can choose Legal Tracker for standard management or opt for Legal Tracker Advanced for a more comprehensive solution. Feel free to contact us for a consultation to determine which option best suits your requirements.
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Experience it for yourself today
Discover how our world leading platform ensures your legal spend remains optimised and adaptable to future changes.
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