Enterprise Legal Management (ELM) Solutions
Market-leading legal spend and matter management with AI-powered analytics
What is Enterprise Legal Management (ELM) Solutions? Complete Overview
Wolters Kluwer ELM Solutions provides a comprehensive suite of enterprise legal management tools designed for corporate legal operations and insurance claims departments. As the market leader in legal spend and matter management, ELM Solutions helps organizations increase operational efficiency, reduce legal costs, and drive better business outcomes through innovative technology and AI-powered analytics. The platform serves legal professionals across various industries including energy, finance, insurance, life sciences, manufacturing, and technology. With award-winning solutions like Passport, TyMetrix 360°, and LegalVIEW BillAnalyzer, ELM Solutions offers end-to-end legal management capabilities trusted by corporate legal departments worldwide.
Enterprise Legal Management (ELM) Solutions Interface & Screenshots
Enterprise Legal Management (ELM) Solutions Official screenshot of the tool interface
What Can Enterprise Legal Management (ELM) Solutions Do? Key Features
Legal Spend Management
Comprehensive tools to track, analyze, and optimize legal expenditures across all matters and vendors. Provides visibility into legal spend patterns and identifies cost-saving opportunities through detailed analytics and benchmarking against industry standards.
Matter Management
Centralized platform to manage all legal matters with workflow automation, document management, and collaboration tools. Enables legal departments to standardize processes, improve efficiency, and maintain complete matter histories.
AI-Powered Legal Bill Review
Award-winning LegalVIEW BillAnalyzer uses artificial intelligence to automatically review legal invoices for compliance with billing guidelines. Reduces manual review time by up to 90% while improving accuracy and consistency.
Legal Analytics
Powered by the largest legal spend database containing over $200 billion in invoice data, LegalVIEW Analytics provides actionable insights for better decision-making. Offers benchmarking, trend analysis, and predictive modeling capabilities.
E-Billing & Matter Management (TyMetrix 360°)
Cloud-based SaaS solution for electronic billing and comprehensive matter management. Streamlines invoice processing, enforces billing guidelines, and provides real-time spend visibility across all legal matters.
LegalVIEW DynamicInsights
New interactive tool providing accurate rate insights and benchmarks from the industry's most reliable source of legal spend data. Enables confident decision-making with real-time trends and analysis.
Best Enterprise Legal Management (ELM) Solutions Use Cases & Applications
Corporate Legal Department Optimization
A multinational corporation implements ELM Solutions to gain visibility into $50M+ annual legal spend across 20+ countries. The platform enables centralized matter management, standardized billing guidelines enforcement, and identification of 12% cost savings through vendor performance analysis.
Insurance Claims Litigation Management
A large insurance company uses TyMetrix 360° to manage thousands of claims litigation matters annually. The system automates invoice processing, reduces billing errors by 75%, and provides real-time dashboards to track litigation trends and outside counsel performance.
Legal Operations Transformation
A technology company's legal ops team implements Passport to replace manual processes. The solution reduces matter creation time by 80%, improves collaboration between internal and external counsel, and provides executive leadership with predictive spend analytics for budgeting.
How to Use Enterprise Legal Management (ELM) Solutions: Step-by-Step Guide
Contact ELM Solutions to discuss your specific legal management needs and schedule a demonstration of the platform's capabilities.
Work with ELM implementation specialists to configure the system according to your organization's structure, billing guidelines, and reporting requirements.
Onboard your legal team and outside counsel to the platform, establishing workflows for matter creation, time tracking, and invoice submission.
Begin capturing all legal matters and invoices in the system, with AI-powered bill review automatically flagging non-compliant charges for review.
Access real-time dashboards and reports to monitor legal spend, matter progress, and performance metrics across your organization.
Leverage LegalVIEW analytics to benchmark performance, identify cost-saving opportunities, and make data-driven decisions about legal service providers.
Enterprise Legal Management (ELM) Solutions Pros and Cons: Honest Review
Pros
Considerations
Is Enterprise Legal Management (ELM) Solutions Worth It? FAQ & Reviews
ELM Solutions serves multiple industries including energy, finance, insurance, life sciences, manufacturing, and technology. The platform is adaptable to the specific legal management needs of each sector.
LegalVIEW BillAnalyzer uses machine learning to automatically review legal invoices against your billing guidelines. It flags non-compliant charges, duplicates, and questionable entries for review, significantly reducing manual audit time while improving consistency.
Yes, ELM Solutions offers integration capabilities with various enterprise systems including ERP, HR, and matter management platforms. The implementation team works with your IT department to establish necessary connections.
ELM Solutions provides comprehensive training programs including enrollment courses and a training calendar. Ongoing support includes managed services, health check services, and dedicated support channels for troubleshooting.
LegalVIEW Analytics is powered by the industry's largest legal spend database containing over $200 billion in invoice data that is continuously updated. The benchmarks reflect current market rates and trends.