Last Updated
Overview
Thomson Reuters Legal Tracker helps optimize legal spend, automate invoice management, and gain powerful insights with industry-leading analytics. It enhances compliance, improves collaboration, and tracks legal matters effortlessly. While customization options are limited, the platform delivers unmatched efficiency, cost savings, and a proven return on investment.
Overall Rating
Based on 11 users reviews
4.3
Rating Distribution
Positive
91%
Neutral
9%
Negative
0%
Starting Price
Custom
Thomson Reuters Legal Tracker Specifications
- Case Management
- Document Management
- Client Management (CRM)
- Billing & Invoicing
What Is Thomson Reuters Legal Tracker?
Thomson Reuters Legal Tracker software is an advanced legal e-billing solution designed to enhance efficiency in managing legal expenses. It automates invoice review, ensuring compliance with billing guidelines while streamlining financial oversight. Rate management functionality helps legal departments control budgets and negotiate rates effectively. The platform also provides robust reporting tools and interactive dashboards, delivering valuable insights for analyzing legal spending trends and forecasting future financial needs precisely.
Thomson Reuters Legal Tracker Pricing
Thomson Reuters Legal Tracker Integrations
Thomson Reuters Legal Tracker supports integrations with multiple integrations, including:
- Microsoft Outlook
- SharePoint
- Power BI
- Tableau Connect
- iManage
- Gmail
- ServiceNow
Who Is Thomson Reuters Legal Tracker For?
Thomson Reuters Legal Tracker equips professionals with intelligence, technology, and expert insights to deliver trusted solutions across multiple sectors, including:
- Legal
- Tax and accounting
- Risk management
- Corporate and government management
- Government solutions
- News and media
- Technology
- Energy
Is Thomson Reuters Legal Tracker Right For You?
If you're looking for a comprehensive solution to streamline legal operations, Thomson Reuters Legal Tracker is the answer. This all-encompassing legal project management tool for corporate legal departments simplifies matter tracking, budgeting, and forecasting. It enhances efficiency through e-billing and outside counsel performance management, and its advanced analytics and seamless integrations make it a smart choice for optimizing legal workflows. With Thomson Reuters Legal Tracker, you can be reassured that all your legal management needs are covered.
Are you still unsure about Thomson Reuters Legal Tracker? Contact us at (661) 384-7070 and get expert assistance from our team regarding any further queries.
Thomson Reuters Legal Tracker Features
Workflow Automation
Workflow automation optimizes in-house legal operations by streamlining e-billing, budgeting, and information sharing. Electronic billing centralizes invoices, enforces compliance, automates currency conversion, and monitors spending. Matter management ensures organized access to legal cases, facilitating efficient document handling, custom automation, and performance tracking of external counsel.
Global Resources
Global resources enhance legal operations by managing laws, currencies, and languages. AI-driven invoice reviews improve efficiency, language packs support seamless localization, and multi-currency features ensure accuracy. Secure data residency options provide flexible storage while upholding compliance and security.
Reporting And Analytics
Thomson Reuters Legal Tracker's reporting and analytics feature provides deep insights by benchmarking data against top legal departments. Legal analytics compare legal spend and risk across industries. Its dynamic report generator tracks trends, while an automated scheduler delivers reports effortlessly for informed decision-making.
Integration Tools
The platform offers powerful integration tools that enhance legal tracker by connecting essential apps for seamless workflows. iManage, SharePoint, and NetDocuments streamline document management, while Outlook integration simplifies invoice handling. Legal hold tracking, API-powered financial data exchange, and Power BI/Tableau connectors enable advanced reporting and analytics.
Pros And Cons of Thomson Reuters Legal Tracker
Pros
Advanced analytics and benchmarking tools
Global accessibility with multi-format and language support
Significant return on investment
Its matter management tool is a very helpful organizational tool
Cons
Presents a learning curve for new users
Offers limited customization options
Thomson Reuters Legal Tracker Reviews
Total 11 reviews
4.3
All reviews are from verified customers
Rating Distribution
5
Stars36%
4
Stars55%
3
Stars9%
2
Stars0%
1
Stars0%
Share your experience
Megan A.
Enterprise, 500+ employees
“fast legal invoice tracking”
Pros
Using it has been convenient from the start and it has cut down a lot of the time I used to spend manually tracking legal invoices. The time logs are especially useful because I can review and approve them while seeing exactly how much time was spent for each client. Getting everything set up initially was simple and it's also convenient to add more people and give them access when needed.
Cons
I haven't come across any issues or dislikes at this point.
Rating Distribution
Ease of use
9
Value for money
8
Customer Support
8
Functionality
8
Anonymous
Mid-Market, 500+ employees
“More guidance needed for setup fields”
Pros
Only started using it within the last year but from what I've seen, it's been a positive experience overall. I also appreciate that it's fairly easy to use.
Cons
A few fields, like "Substantive law," are not very clear and when I'm creating or configuring a new legal case/client matter in the software, I'm not always sure what information is supposed to go into those sections.
Rating Distribution
Ease of use
7
Value for money
6
Customer Support
6
Functionality
6
Anonymous
Enterprise, 500+ employees
“Simple workflows and useful metrics”
Pros
It feels fairly simple to use overall. Most parts of the system follow a logical flow so even when I'm unsure what to do, I can usually work it out without too much trouble. I also appreciate how interactive it is especially with the different spending metrics and reports.
Cons
Reporting section can still be tricky to navigate at times. Building reports from scratch with the report generator feels more difficult than it should. I'd also really value an option to skip the billing guideline reviewer and send an invoice straight to the primary approver.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Frequently Asked Questions
What other apps does Thomson Reuters Legal Tracker integrate with?
Thomson Reuters Legal Tracker integrates with various platforms, including Microsoft Outlook, SharePoint, Power BI, Tableau Connect, iManage, Gmail, and ServiceNow, enhancing workflow efficiency and data management.
What language does Thomson Reuters Legal Tracker support?
Thomson Reuters Legal Tracker supports English, Spanish, French, German, Portuguese, and Japanese.
What level of support does Thomson Reuters Legal Tracker offer?
Thomson Reuters Legal Tracker provides multiple support options, including FAQs/forums, online chat, phone, and email.
Does Thomson Reuters Legal Tracker offer an API?
Yes, Thomson Reuters Legal Tracker offers API access.
Does Thomson Reuters Legal Tracker have a mobile app?
Thomson Reuters Legal Tracker does not offer a dedicated mobile application.
What types of pricing plans does Thomson Reuters Legal Tracker offer?
Thomson Reuters Legal Tracker offers customized pricing based on legal department size, office locations, and specific needs. Users can request a detailed Thomson Reuters Legal Tracker cost analysis.
Who are the typical users of Thomson Reuters Legal Tracker?
Thomson Reuters Legal Tracker provides professionals with advanced technology, expert insights, and data-driven solutions across legal, tax and accounting, risk management, corporate and government management, government solutions, news and media, technology, and energy sectors.