Elevate’s legal bill review services enhance the overall legal spend management programs for Mitratech clients.
AUSTIN, Texas, December 15, 2015 – As legal departments are increasingly asked to do more with less, improving the efficiency of legal staff and reducing costs are critical goals for many General Counsel. In order to further enable General Counsel to deliver on these goals, Mitratech, the market-leading provider of Enterprise Legal Management (ELM) solutions, has recognized legal service provider Elevate as a Certified Partner to offer legal bill review services to Mitratech’s fast growing client base.
“Our leading spend management and e-Billing systems automate much of the invoicing process and can save up to 10% in legal costs, but even more value is generated when a team consistently reviews the adjustments made by the technology. We have found that many clients don’t have the time or resources to take this on, and Elevate’s services address precisely that need,” noted Jason Parkman, CEO of Mitratech.
Several Mitratech clients already use Elevate’s services and have achieved several benefits, including:
- 3–10% additional cost savings as a result of more sophisticated and consistent review
- Reassignment of in-house staff to other valuable work within the department
- Reduced cycle time between invoice receipt and payment, enabling early payment discounts
- Enhanced invoice management and cost control processes
“This partnership offers Mitratech clients the ability to strengthen enforcement of billing guidelines, capture greater savings, and minimize review effort on the part of in-house lawyers and staff,” says Pratik Patel, VP Legal Business Solutions at Elevate. “Combining our professional legal invoice review with Mitratech’s powerful tools measurably increases the value of any legal spend management program.”
Elevate is now the eighth partner within Mitratech’s Certified Partnership Program. All Mitratech Certified Partners are trained on Mitratech’s suite of products, engage in regular and consistent collaboration with the Mitratech team, and are equipped to deliver effective services and tools to the Mitratech client base.
Elevate is a next generation legal service provider helping corporate legal departments and law firms improve efficiency, quality and outcomes through consulting, managed services, technology and talent. With consultants, lawyers and technologists in the United States, Canada, United Kingdom, Continental Europe, India, Philippines and Australia, Elevate supports clients worldwide. For more information, visit elevateservices.com.
Mitratech is the most trusted, market-leading provider of fully-integrated Enterprise Legal Management (ELM) solutions for over 750 global legal departments of all sizes, representing 7 of the Fortune 10, almost 40% percent of the Fortune 500, and over 100,000 users in over 150 countries. Mitratech’s products are also used by over 11,000 of its clients’ external partners, including 99 of the Global 100 and 100 percent of the Am Law 200 law firms. Mitratech’s portfolio of ELM software solutions include matter management, spend management, e-Billing, legal hold, contracts management, entity management, and reporting solutions. Clients are able to prove demonstrable value creation for their organization by automating legal workflows, improving business outcomes through actionable data and insight, increasing collaboration with external partners, and reducing overall legal spend. To learn more, visit www.mitratech.com.