
by SettlementDriver Inc.
Product
SettlementDriver
Founded
2018
Founders
Michael Chen, Rachel Torres
Last updated
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What it does
Pre-configured workflows guide teams through settlement closure steps. Customizable stages track negotiations, approvals, and payment execution. Automated reminders ensure deadlines are met and nothing falls through the cracks.
Generates settlement agreements, release forms, and related documents from templates. AI extracts key terms from communications and case files to pre-populate documents. Human review and editing maintained for accuracy and customization.
Tracks settlement amounts, payment schedules, and disbursement status. Supports multiple payment methods and coordinates with accounting systems. Compliance checks ensure payments meet regulatory and contractual requirements.
Multi-user access enables attorneys, paralegals, and external stakeholders to collaborate on settlement terms. Version control tracks changes and maintains audit trails for compliance and dispute prevention.
Dashboards display settlement pipeline, average time-to-closure, and team productivity metrics. Custom reports support billing analysis, firm performance tracking, and client communication.
Case studies
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Pricing details
Starting price
Pricing model
Free version
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FAQs
SettlementDriver offers native integrations with LexisNexis, Everlaw, and other major platforms via REST API. Custom integrations are available for enterprise customers. The platform can also function standalone with manual document imports.
SettlementDriver is SOC 2 Type II certified, HIPAA compliant, and maintains 256-bit encryption for data in transit and at rest. All audit trails are retained for 7 years to support regulatory requirements and litigation support.
Yes. SettlementDriver supports external stakeholder access through secure portals. Firms can grant limited permissions to co-counsel, opposing parties, and settlement administrators while maintaining full audit trails of all activity.
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