Legal Tracker

legal.thomsonreuters.com/en/products/legal-tracker
Legal Tech
Weekend Project

Streamline operations and reduce annual legal spend by up to 15%

How to Replace Legal Tracker

Overview

Legal Tracker is a world-class legal operations platform offering AI-intelligent spend management solutions for corporate legal departments. It automates legal e-billing, matter management, and provides benchmarking analytics to help legal departments demonstrate their value and optimize legal workflows.

Features

24 features across 8 categories

AI(1)

Advanced AI TechnologyAIPremium

Unlock greater efficiency and insight with Gen AI that streamlines complex workflows, improves billing accuracy and compliance, and provides instant actionable insights by automating routine tasks.

Also in: monday.com, Notion, Airtable

Analytics(4)

Legal Analytics

Access aggregated data from 1,800 law departments and 120,000 law firms worldwide while comparing legal spend and risk data against similar departments by industry, spend, department size, work type, metro area, and law firm performance.

Legal Matter Benchmarking

Reduce outside legal spend while increasing stability with legal matter, firm, and rate benchmarking powered by the market-leading library of corporate legal spend data.

Real-Time InsightsAI

Provides real-time data and actionable insights to help legal teams work more efficiently and strategically.

Spend Management and InsightsAI

Get answers faster by asking questions and review, measure, and predict spend with AI-driven insights and industry-leading benchmarking tools.

Also in: Hugging Face, Notion, Smartsheet

Automation(2)

AI-Powered E-BillingAI

Automate manual processes with AI-powered invoice review that detects billing anomalies, checks compliance, and handles multiple formats and languages including LEDES to streamline legal billing and enhance communication with outside counsel.

Electronic Billing System

One single, searchable e-invoicing system that eliminates paper approvals and automates currency conversion, timekeeper rates, expense compliance, and AFAs enforcement.

Also in: monday.com, Notion, Airtable

Compliance(1)

Legal Hold Management

Create associated legal hold matters inside Legal Tracker's creation workflow and gain insights on associated holds with ability to link or unlink matters between systems.

Also in: Insider CDP, Airtable, 1Password

Global Resources(3)

Data Residency Options

Choose whether data is stored in the U.S., UK, Germany, Australia, Canada, or United Arab Emirates for global compliance.

Language Support

Quickly overcome language barriers with language packs containing translations for most non-configurable elements of the Legal Tracker interface.

Multi-Currency Support

Gain support for 160 currencies along with user-personalized currency and number formats, with options to use company-supplied exchange rates or Legal Tracker's built-in rates.

Integration(7)

Accounts Payable Data Exchange API

Securely transfer approved invoice data to accounts payable systems and push invoice payment information into Legal Tracker with batch content downloads.

iManage Integration

Direct integration allowing linking of Legal Tracker matters to iManage workspaces and folders, enhancing document management and collaboration features.

NetDocuments Integration

Direct integration allowing linking of Legal Tracker matters to NetDocuments, enhancing document management capabilities.

Power BI Data Connector

Legal Tracker's Power BI Data Connector allows organizations to connect to Legal Tracker's Data Warehouse and access data seamlessly via Microsoft Power BI subscription.

SharePoint Online Integration

Seamlessly integrate document management workflows by copying and importing documents between SharePoint and Legal Tracker.

Tableau Connect

Legal Tracker's Tableau Connect enables organizations to directly connect Legal Tracker's Data Warehouse and Data API to Tableau for data extraction and dashboard creation.

Tracker for Microsoft Outlook

Quickly generate matters and instantly review, dispute, or approve invoices from Outlook reading pane, and add documents and emails directly to Tracker.

Also in: monday.com, Notion, Airtable

Reporting(3)

Financial Reporting and DashboardsAI

Quickly generate financial reports and dashboards on legal spending with AI-driven insights and industry-leading benchmarking tools.

Report Generator

Gain access to hundreds of reports with easy-to-use filters and one-click drill-down reporting with trend analysis showing changes over time.

Report Scheduler

Generate and distribute vital reports quickly by automating report runs and emailing reports to users on a custom schedule.

Also in: monday.com, Smartsheet, 1Password

Workflow Automation(3)

Budget and Spending Alerts

Set legal budget and spending alerts by time, matter, or phase with separate tracking of domestic and foreign taxes.

Document Management

Customizable automation aids matter entry and updates with intuitive controls and search filtering to easily upload and sort documents.

Matter Management

Efficiently handle legal matters with instant access to a repository of all legal matters combined with tools and data needed to demonstrate departmental value against outside counsel. Includes customizable automation for matter entry and updates.

Also in: Stampli, Smartsheet, Chili Piper

Cost Calculator

Pricing data not available for Legal Tracker. Check their website for current pricing.

Build vs Buy

Should you build a Legal Tracker alternative or buy the subscription? Estimate based on 24 features.

Buy Legal Tracker

Better Value
Monthly costContact Sales
3-year totalVaries
Time to deployDays

Build Your Own

Development cost$12,000
Maintenance$180/mo
3-year total$18,480
Dev time~1 months

Buying Legal Tracker saves ~$18,480 over 3 years vs building.

Estimates based on 24 features and a BuildScore of 5/5. Actual costs vary.

Integrations

6 known integrations

iManageMicrosoft OutlookMicrosoft Power BINetDocumentsSharePoint OnlineTableau