What is LegalVIEW?
LegalVIEW® BillAnalyzer aims to help corporate legal and claims departments simplify the invoice review process to control and reduce legal spend. According to the vendor, customers achieve an average cost savings of 7-15% of legal fees and expenses using LegalVIEW® BillAnalyzer. Using a combination of machine learning, experienced legal professionals, and LegalVIEW data and analytics, invoices are consistently analyzed for accuracy down to each line item. If necessary, the vendor's team handles the appeals process and refines billing guidelines for ultimate time and cost savings. According to the vendor, having their experts handle the bill review and manage interactions between clients and outside counsel helps to improve the quality of work, shorten the life of cases, and allow in-house legal teams to focus on the matters at hand.
LegalVIEW Analytics solutions support spend management with a total approach that leverages advanced analytics and intelligent workflows to empower improved decision-making. The vendor states law firms use LegalVIEW benchmarking insights to create more accurate budgets and develop more competitive and profitable pricing and fee arrangements.
LegalVIEW Analytics solutions support spend management with a total approach that leverages advanced analytics and intelligent workflows to empower improved decision-making. The vendor states law firms use LegalVIEW benchmarking insights to create more accurate budgets and develop more competitive and profitable pricing and fee arrangements.