LegalCollaborator, early firm engagement and competitive bidding

LegalCollaborator is an early firm engagement and competitive bidding solution integrated into Passport and TyMetrix 360°.

Gather upfront matter details with the option to ask for competitive bids from multiple firms. Gain clear, concise, and auditable insights on key matter data:

  • Firm strategy
  • Staffing
  • Timekeeper diversity
  • Conflict waivers
  • Pricing
  • Firm value adds

Because LegalCollaborator is integrated with our spend and matter management platforms, you can connect matter planning with pricing enforcement. The benefits are immediate:

  • Firms communicate the unique value they bring to the table
  • Legal departments have the ability to view an apples-to-apples comparison of firm value
  • Automated process, resulting in higher productivity with less redundancy
  • Closer collaboration and transparency with trusted firms, driving greater value from each engagement and strengthening your relationship with outside counsel
  • Better predict costs and attain tighter e-billing guidelines compliance, cost controls, and savings

Connect matter planning with pricing enforcement in one system

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Examine:

Leverage your historical performance data and our firm management tools to select firms

Utilize powerful law firm selection tools and data to determine what firm(s) to engage:


  • - Law Firm Smart Select
  • - Panel Management
  • - Predictive Insights
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Engage:

Law firms submit information back to their client

Gather proposals from your chosen firm(s). In competitive bidding situations, compare firms using apples-to-apples criteria to choose the best firm for the matter

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Enforce:

Our matter and spend platforms enforce the legal engagement cost agreement and billing guidelines.

Confidently enforce pricing agreements and compliance using our platforms’ e-billing automation and LegalVIEW BillAnalyzer’s AI-powered legal bill review functionality

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Corporate legal professionals
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Insurance claims professionals
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Whitepaper: Four keys to better legal engagement

How can engagement between corporate legal teams and law firms be improved? This whitepaper will give you the keys to implement a process that makes collaboration easy and transparent, resulting in improved cost savings for CLDs and better legal outcomes for everyone.
Get the Whitepaper

Get a demo of LegalCollaborator

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