Legal Tracker by Thomson Reuters: Outside Counsel & Spend Management software
Automate work and optimize legal spend with Legal Tracker
Legal Tracker by Thomson Reuters is legal e-billing and matter management software for corporate legal departments. It uses AI to review outside counsel invoices, flag billing anomalies and check compliance, and adds spend reporting, dashboards and benchmarking against a large library of corporate legal spend data. It is aimed at in-house legal teams that want to control outside legal spend and show their department's value, from small businesses to large enterprises.
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Legal Tracker by Thomson Reuters
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What Legal Tracker by Thomson Reuters does
Legal Tracker's AI invoice review detects billing anomalies, checks invoices for compliance and handles multiple formats and languages, including LEDES, which streamlines billing and communication with outside counsel. Thomson Reuters says it can help reduce annual legal spend by up to 15%. For reporting, users can ask questions in plain language to generate financial reports and dashboards, and review, measure and predict spend. Matter management sits alongside e-billing, with matter, firm and rate benchmarking drawn from what Thomson Reuters describes as a market-leading library of corporate legal spend data, covering $310 billion of global spend. Legal Tracker builds on the legacy of Serengeti Tracker. Thomson Reuters reports more than 482,000 users across 193 countries, over 1,800 corporate legal department users and more than 120,000 law firm and vendor users, which reflects that outside counsel and vendors also work in the system to submit invoices. G2 recognises it as a top enterprise legal management and legal billing product for corporate legal departments, including small businesses. Legal Tracker Advanced adds deeper cost analysis against past data and industry benchmarks to support rate and fee negotiations. Related Thomson Reuters products include CoCounsel Legal and HighQ.
What it does
Legal Tracker by Thomson Reuters core capabilities
AI-powered e-billing
AI invoice review flags anomalies and checks compliance.
Financial reports and dashboards
Ask questions to review, measure and predict legal spend.
Matter management
Manage legal matters alongside spend and invoices.
Benchmarking
Matter, firm and rate benchmarks from corporate spend data.
Legal Tracker Advanced
Deeper cost analysis to support rate and fee negotiations.
Technical specifications
- LEDES invoice support
- Multi-format and multi-language invoice handling
- Natural-language reporting
Who it is for
Who Legal Tracker by Thomson Reuters is built for
Target audience
- In-House Legal Teams
Case studies
No case studies yet
Legal Tracker by Thomson Reuters doesn’t have a client-confirmed case study on DreamLegal yet. Try exploring different products for exploring case studies.
Pricing details
Legal Tracker by Thomson Reuters pricing
No public prices are stated; Thomson Reuters offers a free demo and sales contact.
Product videos & screenshots
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Product interface
Legal Tracker by Thomson Reuters Interface
Comparisons
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FAQs
Frequently asked questions about Legal Tracker by Thomson Reuters
Thomson Reuters does not publish Legal Tracker prices on Legal Tracker by Thomson Reuters' website. Buyers can request a free demo or contact a sales representative by phone or email, who will respond within one business day. Legal Tracker Advanced is offered as a separate product with deeper benchmarking.
Legal Tracker is built for corporate legal departments managing outside counsel spend, from small businesses to large enterprises. Law firms and vendors also use it to work with their clients: Thomson Reuters reports more than 120,000 law firm and vendor users alongside over 1,800 corporate legal department users.
Yes. Its AI-powered e-billing handles invoices in multiple formats and languages, including LEDES. The AI review detects billing anomalies and checks invoices for compliance before approval, which reduces manual review and improves communication with outside counsel.
Users can generate financial reports and dashboards by asking questions, and review, measure and predict spend. Matter, firm and rate benchmarking draws on Thomson Reuters' library of corporate legal spend data, which covers $310 billion of global spend.
New users sign in to Legal Tracker with Thomson Reuters OnePass: enter your email address as the username, then your password. If your Tracker email and OnePass email differ, your firm's or company's Tracker administrator (named in your welcome email) must update the Tracker email. Administrators can unlock locked accounts, and Thomson Reuters is moving its legal products to a unified Thomson Reuters Account, so sign-in screens may change.
Thomson Reuters lists a US Legal Tracker technical support line at 1-800-327-8829, and its help centre has getting-started guides for both company and law firm users.
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