Mitratech CaseCloud™ Legal Spend Management (formerly AdvoLogix)

Highlights

• Mitratech CaseCloud™ Legal Spend Management provides complete control over the financial, project, and communication aspects of utilizing legal service providers and outside counsels in your legal operation.
• Legal Vendor Management: Provides the full 360 view of your vendors along with associating them as participants to your matters, assigning timekeepers to track your legal fees/expenses, and enabling them with capabilities for legal service providers.
• Legal Invoice Management: Support e-Billing for legal service providers, review invoices before payments, and check for compliance against your standard legal practice norms, and structures within your organization using custom invoice rules.
• Budgets & Financials: Vendor and matter-level analytics out-of-the-box. With the ability to prepare your budget by phases or person roles or build your budgets by vendors for multiple matters or allocate budgets by UTBMS and other taxonomies.
• Legal Spend Analytics: Integrated view for your vendors, matters, and budgets with full visibility into your invoices. Includes a report builder to build your own reports, dashboards and charts with capabilities to include them on individual vendors.
• Legal Service Provider Portal: Our integrated legal service providers solution provides baseline support with capabilities to import your LEDES 1998B e-Billing files as invoices. With an automatic scan against your configured invoice rules.
• Supports Alternative Fee Arrangements including flat/fixed fees, retainers, contingency-based & success fees, hourly fees, and custom fixed fees based on organizational needs. Advantages of AFAs: Instead of hourly billing, the focus is on the output.
• Accruals-Based Accounting: Records transactions when money is received or spent, e.g., when the invoices are paid. This provides an accurate picture of a company’s financial position as they can see what is coming, versus, remediating after the fact.