What Is CounselLink For Company Authorized Departments

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legal operations professional using ELM software to see what is counsellink

LexisNexis® CounselLink+™ is a feature-rich authorized answer for the company legislation division. It unites enterprise authorized administration software program and an intensive contract lifecycle administration software in a single complete platform. Different purposes inside the ELM software program setting embody matter management and case administration; financials with billing, invoicing and authorized spend administration; vendor analysis, efficiency assessment, choice, and administration; authorized work consumption to streamline authorized group effectivity; improved analytics and reporting to showcase authorized division productiveness and standing of issues and contracts.

CounselLink+ permits authorized division administration of labor consumption, the contract life cycle, vendor relations, and outdoors counsel spend from a single, customizable platform. Varied options enrich the authorized and authorized operations groups’ expertise:

  • Unified Workspace: Integrates with unique assets together with LexisNexis Sensible Steering and “Ask Authorized” on Microsoft Groups with one-click entry to the whole LexisNexis ecosystem.
  • Contract to Matter Linking: Authorized issues combine with contracts, and customers can extra simply entry respective contracts that correspond with related issues from the ELM dashboard. This superior function enhances compliance and ease of oversight.
  • Environment friendly Contract Drafting: LexisNexis Sensible Steering® offers CounselLink+ customers with a whole lot of contract templates that combine with Microsoft Phrase. A CounselLink+ Phrase plug-in delivers seamless contract drafting from begin to end.
  • Enhanced CLM Workflow: The CounselLink+ add-in for Microsoft Phrase facilitates the creation and administration of authorized paperwork. This streamlines workflows and enhances productiveness.
  • AI Authorized Help: Accessible on Microsoft Groups, “Ask Authorized” offers AI-generated responses to easy authorized questions from enterprise stakeholders. Requests to the authorized division are automated, whereas Ask Authorized offers a self-service function to enterprise stakeholders.

Why CounselLink+ For Authorized Departments

CounseLink + is the muse that authorized departments must create a authorized operations hub the place easy collaboration, extra environment friendly workflow, enhanced productiveness, and better visibility into every side of the authorized group and operations happens. One main good thing about superior enterprise legal management software, like CounselLink+, is its skill to create knowledge for analytical experiences for management; consider distributors with scorecards and customized dashboards; perceive the standing of matter administration; and in addition acquire insightful details about authorized spend and funds administration.

Knowledge utilized in evaluation of authorized division efficiency contributes to strategic decision-making about change administration, vendor choice and analysis, expertise, funds administration, and far more. One other value-added good thing about enterprise legal management and CounselLink+ is its contribution to cost-cutting visibility and authorized spend administration. The product presents good financial intelligence instruments that flag billing errors and mechanically appropriate them. Administrative assessment is lowered, which frees up the authorized group’s time to follow legislation.

CounselLink+ streamlines collaboration with the whole authorized division, their exterior counsel, and the management group. Contact us to study extra.