According to the report by Blue Hill Research “The Business Value of Legal Spend Management Investments”, the transition from manual management to a complete litigation management system including the dematerialization of invoices, allows:
- 21% reduction in processing time
- An average annual saving of $1,109,850.
- 4% reduction in recurring external expenses
- 4.5% reduction in external expenses
- The average investment of 1% of external legal expenses
Active and effective litigation management
A software solution enables active and effective management of all types of disputes and litigation—whether commercial, arbitration, civil, administrative, criminal, or labor-related. By tracking and retrieving the history of proceedings and setting up alerts, it ensures a precise analysis of the financial risks and costs associated with each case. Beyond maintaining detailed case histories, a litigation management solution offers a comprehensive and insightful view of your risks, challenges, and the overall impact of your management strategy.
The Benefits of a litigation management solution
- Organization and efficiency: Help your legal teams keep track of cases and their progress, manage documents and other case materials, and streamline communication with clients, courts, and other parties.
- Time management: Manage time more effectively and automatically get reminders for upcoming deadlines.
- Improved collaboration: Collaborate more effectively with a centralized platform made for sharing information. Avoid miscommunication, reduce the risk of errors, and improve the overall quality of legal work.
- Increased productivity: By automating many of the manual tasks involved in the litigation process, become more productive with faster case resolution and improved client satisfaction.
- Data analysis and reporting: get valuable insights and data on the performance of the legal team, including information on case resolution times, client satisfaction, and other key metrics. Identify areas for improvement and make data-driven decisions to optimize daily operations.
