Spend Management and E-Billing

What is Spend Management and E-Billing?

Spend management software is used by in-house legal teams to plan, track, control and review outside counsel legal costs.
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Apperio
Dewey B Strategic
Press Release: Wolters Kluwer’s new LegalCollaborator solution transforms engagement between corporations and their law firms
Corporate legal professionals can now scale management of the entire outside counsel experience from start to finish Houston, TX — TBD — Wolters Kluwer ELM Solutions today announced the launch of LegalCollaborator, a breakthrough legal engagement and competitive bidding software that marks the next evolution in the company’s innovative approach to Total Legal Spend Management....
Jean O'Grady
5/2/2024
Law.com's Legaltech News
Brightflag Announces New Generative AI-Powered Features, Chatbot
Built on Brightflag’s decade-old AI models, the new offerings are meant to put a layer in between the user and the invoice “Approve Button.”
Law.com's Legal Tech News
4/30/2024
Legal IT Insider
Fulcrum makes double US + UK hire
The keen eyed among you have spotted a double hire for Fulcrum GT in the past few weeks, one in the US and one UK. The Chicago-headquartered ERP has hired [...] The post Fulcrum makes double US + UK hire appeared first on Legal IT Insider.
Caroline Hill - Editor-in-Chief
3/13/2024
Legal IT Insider
Product Insights: Fulcrum GT launches legal spend management marketplace RAPIDx 
We spoke to Dino Eliopulos, Fulcrum GT’s vice president of innovation and solutions, about how Fulcrum’s new marketplace-style network will modernise and automate source-to-pay.  Fulcrum GT in August unveiled its ... Product Insights: Fulcrum GT launches legal spend management marketplace RAPIDx  Read More » The post Product Insights: Fulcrum GT launches legal spend management marketplace...
Caroline Hill - Editor-in-Chief
9/1/2023
Law.com's Legaltech News
Legal Tech Rundown Part 1: Aderant Launches AI Chatbot, Latham & Watkins' Web3 Venture, and More
An update on the legal tech market’s past few weeks, from product launches to new partnerships.
Law.com's Legal Tech News
7/7/2023
3 Geeks and A Law Blog
The Rising Cost of Legal Services: Insights from 10 Years of Data from CounselLink’s Kristina Satkunas
Our guest this week is ⁠Kristina Satkunas⁠, Director of Analytic Consulting at LexisNexis. Kristina discusses the recently released LexisNexis CounselLink Enterprise Legal Management Trends Report for 2023. This annual report provides insights and benchmarks on key metrics related to corporate legal spending and outside counsel relationships. The 2023 report found that law firm hourly rates...
Greg Lambert and Marlene Gebauer
6/20/2023
Legal IT Insider
Aderant enters strategic partnership with UK legal spend analytics provider Apperio
Aderant today (8 February) announces a strategic partnership with London-based legal spend analytics and matter management provider, Apperio. The two companies plan to deliver a solution that law firms can leverage to ... Aderant enters strategic partnership with UK legal spend analytics provider Apperio Read More » The post Aderant enters strategic partnership with UK legal spend...
Caroline Hill - Editor-in-Chief
2/8/2023
Legal IT Insider
Report: Calling time on the billable hour in the UK
LexisNexis UK has released a new report that looks at why almost half of all external legal spend is now taking place through alternative fee arrangements such as flat or ... Report: Calling time on the billable hour in the UK Read More » The post Report: Calling time on the billable hour in the...
Caroline Hill - Editor-in-Chief
1/30/2023
Law.com's Legaltech News
GCs Must Reinvent
Four key non-legal areas general counsel can focus on to assist with recessionary pressures, and the tools that can help.
Law.com's Legal Tech News
1/24/2023
Legal IT Insider
Apperio raises $7m to accelerate product development and US expansion
UK-headquartered legal spend analytics and matter tracking software vendor Apperio announced today (10 January) that it has raised a $7 million growth round of venture capital funding. The company will ... Apperio raises $7m to accelerate product development and US expansion Read More » The post Apperio raises $7m to accelerate product development and US...
Caroline Hill - Editor-in-Chief
1/10/2023
Law.com's Legaltech News
UK's Apperio Raises $7 Million, Eyeing Broader Functionality and US Expansion
David Eldridge, Apperio’s non-executive chairman, said the company “will use the funding to further develop its product for corporate counsel and meet the growing demand for new functionality from law firms. Apperio will also accelerate its expansion to the U.S. market.”
Law.com's Legal Tech News
1/10/2023
LawSites
Eyeing U.S. Expansion, Legal Spend Management Company Apperio Raises $7M Growth Round
The London-based company Apperio, which provides legal spend analytics and matter tracking software, said today it has raised a $7 million growth round of venture capital funding. It will use the funding to further develop its product for corporate counsel, meet growing demand from law firms for new functionality, and accelerate its expansion to the...
Bob Ambrogi
1/10/2023
Law.com's Legaltech News
Making Sense of Legal Spend
Incorporating AI into standard invoice coding gives legal departments more visibility into legal spend and the ability to more accurately predict future budgets based on the true cost of legal work.
Law.com's Legal Tech News
12/28/2022
TechLaw Crossroads
The Legal Market: Continued Diversification and Segmentation
All too often, we think of the legal market, especially for law firms, as being composed of BigLaw or at least lawyers that bill by the hour.   The truth is, though, that today’s legal marketplace is composed of various segments. These segments have business models and goals that are so different that they might...
Stephen Embry
6/30/2022
Dewey B Strategic
Lexis 2022 CounselLink Report: Partner Rates and Panel Consolidation Continue to Rise
Today Lexis is releasing the 2022  CounselLink  Enterprise Management Trends Report. When it was established in 2013 the report included six key metrics. In recognition of the increasingly global legal market, the study now includes a  seventh metric which covers hourly billing rates for Partners in countries located outside the US. The insights in this...
Jean O'Grady
6/29/2022