Enterprise Legal Management (ELM) software streamlines and automate labor-intensive legal procedures, enabling legal departments to effectively juggle a myriad of tasks. These cloud-based, end-to-end solutions offer a unified platform for managing all aspects of the legal department functions, including matters management, e-Billing, contract management, governance, risk and compliance, legal project management, knowledge management, data analytics, and reporting.
ELM solutions also tend to integrate with other applications such as Enterprise Resource Planning (ERP) software, and Customer Relationship Management (CRM) systems, among others. These integrations facilitate communication between legal departments and other departments in an organization, boosting efficiency, improving collaboration, and saving valuable time.
From a user’s perspective, an ELM system will assist you in managing your daily responsibilities from a single platform. You can easily monitor cases, track billable hours, manage contracts, comply with relevant regulations, and evaluate performance through comprehensive reporting. The consistency, security, and centralized nature of ELM solutions simplify task management, ensuring you can handle your workload effectively, without missing a deadline or overlooking a critical task.
There are a range of ELM solutions on the market today, each offering a unique set of features and functionalities. Some platforms offer a broad suite of tools, while others focus on specific functionalities like contract management or e-Billing. With so many options, the selection process can be overwhelming, but our guide aims to make it simpler. We have narrowed down the top enterprise legal management software solutions, allowing you to find the right tool for your use-case.