Reduce legal spend by 5% to 10% annually
If you engage outside counsel and vendors, then well-designed e-Billing and legal spend management solutions are vital to controlling expense, managing firm selection and engagement, and forecasting results.
With Mitratech’s solutions for legal spend management, you can catch the undetected errors that can inflate outside counsel costs by 5% to 10% a year. Reduce valuable staff time spent processing, reviewing, and approving invoices, enforcing billing guidelines, and resolving disputes. Gain visibility into the trade-offs between legal costs and outcomes, and foresight into the future spend needed to improve performance.
How will you benefit?
Control outside legal spend
Drive 5-10% legal spend savings annually by more closely managing outside spend.
Optimize outside counsel selection
Use data-driven insights to pick the right resource, drive negotiations, and reduce costs.
Reduce invoice processing time
Significantly shorten the time and costs involved in processing invoices, accelerating efficiency.
Budget for matters and overall operations
Improve forecasting and develop better department budgeting thanks to powerful data-driven insights.
Easily onboard timekeepers
Make the process of onboarding timekeepers and approving their rates far more streamlined and efficient.
Eliminate paper invoices
As well as paper-based forms, etc., supporting sustainability initiatives while eliminating lost documents.
Spend management meets Legal Ops efficiency
Only Mitratech pairs the world’s foremost products for controlling outside spend and cutting the time and cost of legal processes.
“The (TeamConnect) e-billing implementation alone saved us an average of about 6.7% on legal invoices…”
“TeamConnect has been well received by our outside counsel, and more importantly, we’ve seen a reduction in spend as a result.”