Drive smarter legal ops:

Maximize efficiency and minimize costs

 

Legal ops is facing a great window of opportunity, with countless AI-powered solutions making widespread claims.
 
Wolters Kluwer ELM Solutions understands the importance of adopting those designed to achieve your goals of enhanced operations, reduced costs, and improved efficiency.

Our solutions automate time-intensive bill review processes using advanced, AI-powered technologies and seasoned legal bill review experts. And we work with your firms through this process, strengthening your law firm relationships.
 
With real-time insights and predictive analytics, legal ops teams can make smarter, data-driven decisions to stay on top of financial challenges and day-to-day operations.

Up to 20%

increase in billing compliance

Up to 10%

cost savings in legal spend

94%

of law firms report our solutions have improved or maintained client relationships

Total spend management
Wolters Kluwer’s approach to total spend management for legal departments combines proven AI-powered solutions, deep domain expertise, and predictive analytics. It gives your business leaders the data clarity they need to establish financial stability, mitigate risk, and make smart sourcing decisions.

 

By streamlining processes and optimizing operational workflows, we equip your team to make faster, more informed decisions. With a strong commitment to responsible AI and a proven track record of success, our solution gives you greater visibility and control over your data and expenses—driving productivity and long-term financial stability. 

 
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Calculating the savings and ROI

AI-enabled bill review can help legal departments reduce costs and maximize efficiencies. To illustrate, let us assume that a legal department:

Oversees $20 million in annual outside legal spend

Reviews and processes 10,000 legal invoices annually

Manages approximately 1,800 legal matters that involve outside counsel

Employs 20 full-time in-house counsel

Assuming the above figures are constant over one year, check out the range of estimated savings and ROI you can expect with LegalVIEW BillAnalyzer:   

Real-world examples

FinCEN issues guidance for companies reporting BOI to FinCEN and banks



"We were successful in meeting first-year cost-saving expectations, and measuring key metrics has allowed us to maintain clear, easy-to-read reporting to our key stakeholders to communicate program benefits, outcomes, and greatest points of success."

– PNC Bank

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"We're excited about using AI to improve our bill analysis process. An AI engine that looks at the invoices and is constantly learning, backed by a group of legal professionals interpreting that data, is a very powerful combination."

–The Chemours Company

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We stand by our approach to total spend management and its proven ability to deliver compliance-led savings.

Our team is prepared to personalize your savings potential with a spend analysis.

Request your spend analysis today to understand the three-year cost savings your business can expect from adopting total spend management.

  • Compliance-led savings
  • Enhanced cost control
  • Optimized allocation of resources
  • Clear visibility into spending patterns
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