TTD - PPT on social stock exchange.pptx Presentation
How elm software help predict accurate legal spend
1. How ELM Software Help Predict Accurate Legal Spend?
An Enterprise Legal Management (ELM) software provides lawyers with a great platform to compile and analyze
expenses, claims, contingent liability, lawyer fees, court fees, and other payables, which help in creating an
accurate budget for each matter and for your legal department in whole.
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2. Provides Access to Historical Data
Having easy access to relevant data different types of matters, closed matters and their outcome, claims of open
matters and their court dates, past expenses, contingent liability schedule, list of empaneled law firms and their
rates, etc.is of big importance, as it will give you the ability to create your budget.
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3. Brings Clarity
If you’re wondering why this year’s legal spend has exceeded the set budget, then having a look at this data and
analyzing it will allow you to figure out where you can cut costs and where more funds are needed.
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4. Analysis
Having a system that proactively analyzes these differences and provides an outline of your previous years’ spend
in comparison to the present year , leads to a more accurate prediction and leaves zero scope for errors. Plus, it
reduces a lot strain on your resources as you don’t have to do it manually.
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5. About Practice League
Uberall Practice League is one of the leading Legal Technology Automation Solutions provider with clients
in the UK, India, Hong Kong and Africa. We have been developing and implementing Legal Technologies
for over 8 years and have worked with some of the largest enterprises and leading law firms.
We offer some of the most comprehensive, easy-to-use and effective automation tools for lawyers and in-
house counsels. Our solutions include, Law Practice Management, Matter and Litigation Management,
Contract Lifecycle Management, Document Assembly, Knowledge Management, Intellectual Property
Management, Compliance & Risk Management, Insider Trading Compliance & Document Management
Systems.
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6. Do You Have Any More Questions?
Visit our website
www.PracticeLeague.com
OR Email us
sales@practiceleague.com
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