Trends in the technology industry – including cloud, big data, and everything-as-a-service (XaaS) – are constantly evolving due to rapid advancements in tech and corresponding regulations. These advancements underscore the importance of adopting green and sustainable business practices and physical infrastructure to achieve the necessary transformation successfully.

Wolters Kluwer helps legal operations demonstrate their value in the face of global and economic uncertainty by focusing on efficiency, risk management, cost control, and strategic alignment with business objectives associated with the various sectors of the technology industry.

Leverage our AI-powered solutions to streamline processes and recognize greater cost savings.

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Electronics

technology
Technology

 

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Telecommunications

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Media

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Global and economic uncertainty

Constantly faced with changes in customer demand, company valuations, and global dynamics, tech companies need to prioritize infrastructure strength, resource supplies, business processes, innovation, and calculated M&A growth opportunities.

 

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New and evolving regulations

Innovation evolves faster than regulations can be defined. Technology companies need to stay on top of the developing regulations and adapt practices accordingly to comply. They also must advocate for policies to support innovation and growth.

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Technology transformation 

The shift to service-based IT (XaaS*) and AI enabled tech is transforming all industries, with technology companies being at the forefront of this evolution. 

 

More efficiently manage your legal spend and matters with Wolters Kluwer

Master your legal spend with total spend management
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Wolters Kluwer ELM Solutions provides a suite of fully integrated, industry-leading solutions to support your need for more efficient processes aimed at reducing spend and managing outcomes.


  • Streamline workflows for greater efficiencies and collaboration
  • Improve legal bill review processes to uncover savings and optimize resources
  • Leverage historical data and benchmarking to identify the right firm at the right price for improved matter outcomes and outside counsel relationships
  • Enable actionable data and analytics to effectively manage costs, risks, and resources

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Up to 10% cost savings on legal spend

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Up to 20% increase in billing guideline compliance

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Improved efficiency, allowing attorneys to focus on value-added work

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Enhanced decision-making driven by industry benchmarks and predictive insights

Maximize performance and streamline processes using Wolters Kluwer's industry-leading, flexible, and extensible legal management platforms

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Total spend management
Implementing cost-saving measures and optimizing legal spend to help technology companies ensure financial resilience and stability to navigate uncertain times with confidence 
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A secure, integrated legal ecosystem

An efficient and streamlined legal ops infrastructure, manned with the necessary security controls to safeguard sensitive data, mitigate risks, and ensure regulatory compliance

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Partners in legal technology innovation

We are committed to staying at the forefront of legal innovation, driving continuous improvement and achieving excellence in all aspects of our legal operations technology.

IDC MarketScape

 

Wolters Kluwer ELM Solutions has been recognized as a market leader in the 2023 IDC MarketScape Report


Wolters Kluwer ELM Solutions is positioned as the market-leading ELM solution in the IDC MarketScape report, reflected as a pioneer in the delivery of our Passport and TyMetrix 360° platforms.

It states how we continue to innovate and stay relevant based on managed services, AI investments, and feature development.

This is coupled with a stress on incredible stability, setting a strong organizational foundation clients can feel comfortable investing in.
Why ELM Solutions?
Infographic: Why ELM Solutions?

Award-winning AI-powered solutions

2024 American Business Awards bronze
Bronze Stevie Award
Artificial Intelligence/ Machine Learning Solution, Other – LegalVIEW BillAnalyzer 
Merit Technology Awards - Technology
Gold Merit Technology Award
AI Software – Predictive Insights Module
New World Report Legal Elite Awards
New World Report Legal Elite Award
Best Use of AI

Technology resources

Efficient legal operations Spend and vendor management Data accuracy and reporting Security and integrations
Infographic: The road to legal efficiency Whitepaper: A better approach to spend management Podcast: The power of data analytics and monetization Report: GenAI is coming, but AI is already helping legal departments transform now
Whitepaper: Do time-consuming manual tasks burden your legal team? Checklist: AI provider requirements eBook: Is your corporate legal department future-ready? Article: Five keys to trusted AI

Let’s discuss your current processes, challenges, and objectives

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