Passport® Legal Spend Management, which includes e-billing for outside counsel, dramatically improves corporate counsel’s ability to manage and reduce costs. With its ability to capture detailed cost data from outside counsel, streamline business processes, and provide actionable analytics, Passport Legal Spend Management represents a critical part of a legal department’s strategy for the effective management of matters and risk. The solution empowers in-house legal departments to:
- Automate and streamline cumbersome invoice audit and review processes
- Collaborate and manage relationships with outside counsel more effectively
- Gain deep visibility into legal costs
- Make smarter decisions about how they source legal work
- Improve the predictability of legal spend
- Drive down legal expenses
Built on Passport, our patented technology platform, Passport Legal Spend Management is available as a standalone application or can be combined with Passport Legal Matter Management, which provides the ability to track all matter-related information, documents, and deadlines in one place and gain a comprehensive view of legal risk across a matter portfolio. The solution also integrates seamlessly with Passport GRC. This integration allows legal, risk, and compliance functions to easily share information and processes and gain better visibility into the true cost of compliance breaches. All of these solutions are available for on-premise or dedicated hosted deployment, which offers each client the flexibility to select the option that best suits its company’s IT preferences and/or data security requirements.
Passport Legal Spend Management can also be used with our LegalVIEW® analytics offerings to further enhance the legal department’s ability to benchmark its performance and evaluate outside counsel value. These offerings are powered by the LegalVIEW data warehouse, which is the world’s largest source of legal performance data. Using LegalVIEW analytics tools, legal departments are able to more accurately and effectively establish matter budgets, negotiate rates, and communicate departmental performance.
Deliver significant cost savings and streamline the way attorneys and legal staff work.
Gain visibility into legal spend and make more proactive and strategic sourcing decisions.
Improve collaboration with internal business partners and with outside counsel.
Rely on a legal spend management solution that easily adapts to meet current and long-term business needs.
Passport® Product Collateral
Experts' Corner Content
- Sample RFP: Legal Matter and Spend Management Software
- The Intersection of Legal and GRC
A Practical Guide to VAT-Compliant Legal E-Billing in the EU
E-billing in Europe and the Impact of VAT
Maximizing Legal Technology ROI through Effective Training and Knowledge
Using Legal Spend Management to Ensure a Successful AFA Strategy
- Driving Success With Data
- Cutting Through the Maze
- 6 Key Factors that Drive Law Firm Rates