Legalbill's services include a proprietary, fair and consistent review and audit process that cannot be duplicated in-house or by other auditing firms. Many Fortune 500 and Global 2000 companies have already realized significant benefits using the Legalbill Review and Management Solution, with most clients reducing legal costs by 10-20% in the first two years. Best of all, Legalbill provides these solutions with no out-of-pocket expense and no long-term contract.
Legalbill's team will compile and verify all bills from outside legal counsel in a fair and consistent three-stage process:
Relational Database Review
Via our easy-to-use browser-based auditing tool, this proprietary technology allows Legalbill to compile invoices in any format - paper or electronic - and review each line item against established client guidelines.
Paralegal Team Review
A group of experienced paralegals manually reviews each bill for discrepancies.
Peer Network Review
Bills are subjectively reviewed by a network of attorneys, more than 85% of whom work at the partner level, and have an average of 22 years experience in their given practice areas.
Strategic Business Solutions
How do legal departments use Legalbill's solutions to make sound business decisions? With Legalbill's analysis and reporting, companies have access to data that can be used to improve litigation and case type budgeting, establish billing rate structures at the practice, or improve cost and fee containment associated with various legal matters.
The benefit of access to customized reporting on legal bill costs in relation to any number of criteria has been an invaluable asset to companies, empowering CEOs, CFOs and general counsel to make strategic, sound business decisions.