Managing legal expenses can be a daunting task for in-house claims teams, especially when dealing with multiple law firms operating in diverse jurisdictions across hundreds of cases, each with its unique complexities and potential volatility.
Bottomline’s Legal Spend Management program provides a unified solution to consistently control spend, increase efficiency, and deliver actionable insights that enable our customers to improve decision-making and results.
Our solution delivers our clients substantial cost savings, typically 6% to 12%, based on their specific program goals. We collaborate to establish legal billing guidelines aligned with industry standards and our software ensures adherence to these guidelines, automatically flagging and adjusting any infractions, maximizing savings.
Our premium analytics empower customers to transform from reactive to strategic value drivers in their claims organization. Unlock invaluable insights through versatile dashboards covering case trends, firm comparisons, litigation phases, case watch lists, and more.
In today's fast-paced business environment, time is critical. Our Legal-X software and Expert Bill Review teams deliver a significant reduction in legal invoice review time. This enables your team to focus on high-value work, strategic decisions, and organizational success.
Read the CLM report to explore these findings and insights about the "State of the Union" in the litigation management industry.
Sr. Vice President, Claims & ICS, Top 15 property/casualty insurance group
As a potential client and to support your business case, you are able to see first-hand the opportunity for cost reduction, with data from your invoices and firms.
Simply provide 25-50 invoices from 5-10 of your firms and our Expert Bill Reviewers conduct an audit and analysis of the bills, including guideline recommendations.
Savings can range from 6%-10%, depending on an organization’s goals and objectives. Each EBR solution is specifically tailored to complement our clients’ management strategy while supporting established vendor relationships.
