Legal E-Billing Software
Streamline your legal billing
Automate invoice reviews, ensure compliance, and save time with our advanced legal electronic billing solution
Legal invoice review and rate approvals
- Automated invoice review: Audit invoices from outside counsel through a Thomson Reuters patented invoice hold workflow - the only solution that ensures invoices are processed only after required matter budgets, status, and matter updates are completed.
- Streamlined Accounts Payable (AP) workflow: Customise AP data exchange to fit your systems and processes, ensuring invoices are processed according to your preferred schedule – either manually controlled or automatically managed by Legal Tracker.
Alternative legal fee arrangements (AFAs)
- Diverse billing options: Gain flexibility and control to legal spending with various billing structures including flat fee billing, fixed or capped.
- Centralise tracking and reporting: Centralise the management of all AFAs, making it easier to monitor and analyse legal spend.
- Better financial planning & budgeting: Clear visibility into different fee arrangements against each outside counsel.
See it for yourself
Discover how Legal Tracker can simplify your legal billing process. Streamline your invoice management workflow and ensure compliance today.
Legal billing guidelines
- Customisable billing guidelines: Create and customise billing guidelines – parameters include timekeeper rates, attribution %, expense categories and more, according to specific needs and practices.
- Automated compliance enforcement: Enforce billing guidelines when invoices are submitted. Flags any deviations or violations from established guidelines for further review.
- Managing discrepancies: Allows for easy documentation, governance, and resolution of issues that arise during the billing process.
Legal Tracker handles the complexities of international e-billing seamlessly
Sam Bernstein, Legal Operations, Amazon.com
Frequently asked questions
Without an automated e-billing system, legal teams may struggle with manual errors, inconsistent billing practices, delayed payments, and difficulty enforcing compliance with billing guidelines. Additionally, the lack of centralised data makes it harder to manage alternative fee arrangements and generate finance reports.
Key features in legal e-billing software include automated invoice review, compliance with billing guidelines, integration with timekeeping systems, customisable billing rules, robust reporting tools, and support for alternative fee arrangements (AFAs). Additionally, the ability to streamline accounts payable (AP) workflows and provide secure data handling is crucial.
Automated invoice review uses specialised software to audit and process invoices based on pre-defined criteria, ensuring compliance with billing guidelines and rate approvals. This often involves timekeeping software for lawyers to track billable hours accurately.
Legal e-billing enhances accounts payable (AP) workflows by automating the invoice approval and payment process, reducing the time and effort required to manage invoices. This leads to faster payment cycles, improved cash flow management and ensures that invoices are processed according to the firm’s preferred schedule, whether manually or automatically managed.
Legal e-billing platforms provide a transparent and structured framework for billing and invoicing, enabling clearer communication between in-house legal team and outside counsel. Automated workflows, real-time status updates, and centralised data help ensure that both parties are aligned on billing expectations, timelines, and compliance with guidelines.
Experience it for yourself today
Discover how our world leading platform ensures your legal spend remains optimised and adaptable to future changes.
Have questions? Contact a representative