Enterprise Legal Management (ELM) Solutions by Wolters Kluwer is a market-leading suite of software and services designed to optimize legal spend, matter management, analytics, and AI-powered reviews for corporate legal departments and law firms. ELM Solutions provides end-to-end tools to manage legal operations, procurement, and claims, enabling better governance, cost control, and data-driven decision making across legal functions.
Key Offerings
- Legal Spend Management: capture, control, and optimize legal spend across matters, vendors, and external counsel.
- Matter Management: end-to-end matter lifecycle management, from intake to resolution.
- AI Legal Bill Review: automated, accurate review and analytics of legal invoices to improve billing efficiency and reduce costs.
- Legal Analytics: actionable insights from large-scale invoice and matter data to benchmark performance and drive improvements.
- Enterprise Legal Management Platform: integrated tools designed for corporate legal departments, claims teams, and legal service providers.
- Training and Professional Services: onboarding, implementation, and ongoing support to ensure successful adoption.
How It Works
- Define governance and data model. Set up matter categories, rates, vendors, and approval workflows.
- Capture and consolidate data. Invoices, matter records, contracts, and related documents are ingested into the ELM system.
- Automate processing. AI bill review analyzes invoices, flags anomalies, and provides recommended actions.
- Analyze and act. Use dashboards and analytics to monitor spend, vendor performance, and risk across the legal portfolio.
- Optimize operations. Leverage insights to negotiate better rates, improve matter outcomes, and reduce cycle times.
Core Capabilities
- Legal Spend Management: end-to-end tracking and optimization of external legal costs
- Matter Management: comprehensive lifecycle management for legal matters
- AI Legal Bill Review: AI-powered analysis with accompanying insights and recommendations
- Legal Analytics & Benchmarking: data-driven insights from large-scale legal data
- Compliance and Risk Management: governance features to meet regulatory and internal controls
- Billing, Invoicing, and Payment Management: streamlined financial workflows
- Vendor and Outside Counsel Management: performance dashboards and engagement controls
- Knowledge Management: centralized access to precedents, templates, and research
- Reporting and Dashboards: real-time visibility into KPIs and ROI
- Integration and Extensibility: connect with ERP, CRM, and other enterprise systems
Who It's For
- Corporate legal departments seeking to reduce spend and increase efficiency
- Claims and risk management teams needing better visibility into legal matters
- Law firms and legal service providers delivering services to corporations
- Compliance and procurement teams collaborating with legal to manage vendor relationships
Why Choose ELM Solutions
- Market-leading capabilities for legal spend and matter management
- AI-powered bill review and analytics that unlock cost savings and efficiency
- End-to-end platform with governance, risk, and compliance features
- Extensive partner ecosystem and professional services to support deployment
Getting Started
- Explore the ELM Solutions suite to identify the modules that align with your legal operations goals.
- Contact Wolters Kluwer for a demonstration and a tailored implementation plan.
- Leverage training resources and ongoing support to maximize value from the platform.
Safety and Compliance Considerations
- Data security and confidentiality are paramount; ensure appropriate access controls and data handling practices.
- Align use of AI bill review and analytics with legal and regulatory requirements in your jurisdiction.
Core Features
- Legal Spend Management
- Matter Management
- AI Legal Bill Review
- Legal Analytics
- Enterprise Legal Management Platform
- Training and Professional Services