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Thomson Reuters Legal Tracker

E-billing and Invoicing

Company Name

Thomson Reuters Corporation

Year Founded

2008

Awards

NA

Headquarters

United States

Founders

John B. West , Horatio

Team size

500+

Email

global.legalsupport@thomsonreuters.com

Phone

1-651-687-7000

About the product

Legal Tracker is a cloud-based legal e-billing and matter management software designed for corporate legal departments. It automates invoice processing, matter tracking, and reporting. Key features include automated e-billing, budgeting tools, and robust reporting capabilities. The platform integrates seamlessly with tools like iManage and Microsoft Outlook.

Deployment
  • SaaS
Focus countries
  • United States
Mobile Accessibility
  • Available on iOS and Android platforms
Average adoption time
  • 2-3 weeks average implementation time
Language
  • English

Overview

USP

Legal Tracker stands out with its extensive benchmarking analytics, leveraging a vast library of corporate legal spend data. It incorporates AI-powered tools, such as natural language processing, to enhance invoice review processes. Clients have reported up to a 15% reduction in annual legal spend and a 372% return on investment over three years.

Pain point addressed

Legal Tracker addresses challenges like manual invoice reviews and lack of spend visibility. Before adoption, legal teams often faced inefficiencies in tracking legal expenses and ensuring compliance with billing guidelines. The software enforces billing rules, automates processes, and provides actionable insights, leading to significant time and cost savings.

Upcoming Updates

Unlocking new possibilities with future updates

Enhancing user experience through continuous improvement

Customer Segments

Target Users

Law firms
Enterprises

Existing Distribution

Target Industries

Legal Services
Financial Services
Healthcare
Technology

Sample Distribution

Target Practice Areas

Corporate Law
Litigation
Intellectual Property
Regulatory

Sample Distribution

Target Client Team Size

1-10 employees
11-50 employees
51-200 employees
201+ employees

Sample Distribution

Process Lifecycle

Client Relationship Management

1

Intake

2

Assessment

3

Strategize

4

Represent

5

Communication

6

Review

Governance, Risk and Compliance

1

Coverage

2

Assessment

3

Validation

4

Implementation

5

Monitoring

6

Analysis

Features

Core Features
  • Feature 1 description
  • Feature 2 description
  • Feature 3 description
Advanced Features
  • Feature 1 description
  • Feature 2 description
  • Feature 3 description
Security Features
  • Feature 1 description
  • Feature 2 description
  • Feature 3 description
Integration Features
  • Feature 1 description
  • Feature 2 description
  • Feature 3 description
Analytics Features
  • Feature 1 description
  • Feature 2 description
  • Feature 3 description
Support Features
  • Feature 1 description
  • Feature 2 description
  • Feature 3 description

Pricing

Free Trial

14 days trial available

Time period (Free Trial)

2 weeks duration

Free version

Limited features available

Pricing parameter

Support & Services

Demo
Self Demo
Guided Demo
Video Demo
Supports
Support Call
Live Support
Bot Support
Training
Documentation
Video Training
Live Training

Post Implementation

Maintenance

Available
Request for Change

Available
Training

Available
Data Migration

Available

Reference

Product Image 1
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No reference video provided

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