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Product Overview
Gain Full Visibility into Legal Spend and Optimize Outside Counsel PerformanceSmartSuite’s Legal Spend & Outside Counsel Management solution provides a structured, scalable system to manage legal budgets, track spend, and oversee relationships with external law firms and vendors. It enables organizations to move from fragmented invoice tracking and manual reporting to a centralized, data-driven legal financial system.Organizations can manage:Legal budgets and forecastsOutside counsel invoices and spendVendor performance and utilizationLegal matter costs and allocationWith a centralized system of record, legal and finance teams gain full visibility into where money is being spent, who is spending it, and how it aligns with organizational priorities.SmartSuite delivers real-time insight into legal financial performance, enabling organizations to control costs, optimize vendor relationships, and improve accountability.As part of SmartSuite’s connected platform, Legal Spend & Outside Counsel Management integrates directly with:Legal Matter Management for matter-level cost trackingContract Lifecycle Management (CLM) for vendor agreementsVendor Management Hub for supplier relationshipsFinance & Administration for financial alignmentReporting & Analytics for performance insightsThis ensures legal spend is not isolated—but part of a connected legal and financial operations system.The result is a legal spend system that is:Transparent and data-drivenAligned with legal and financial workflowsOptimized for cost control and performance.
Core Capabilities
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Legal Budget & Forecast ManagementPlan and track legal spending across matters and departments.
Invoice Tracking & ManagementCapture and manage invoices from outside counsel.
Matter-Level Cost TrackingLink spend directly to legal matters and activities.
Outside Counsel Performance AnalysisEvaluate law firms and vendors based on cost and effectiveness.
Vendor Spend VisibilityTrack spend across vendors and service providers.
Approval Workflows for Legal SpendManage invoice approvals and budget controls.
The Legal Spend LifecycleSmartSuite supports the lifecycle of legal spend — from budgeting through tracking and optimization.
Define Budget & ForecastEstablish legal budgets and expected spend.
Track Legal Activity & CostsCapture spend across matters and vendors.
Review & Approve InvoicesManage approval workflows and controls.
Analyze Spend & Vendor PerformanceIdentify trends and opportunities.
Optimize and Adjust StrategyRefine legal spend strategy based on insights, performance, and changing business needs.
Who Uses This Solution
Legal Spend & Outside Counsel Management supports teams responsible for managing legal budgets and vendor relationships.
Frequently Asked Questions
Answers to common questions about SmartSuite’s pricing models, plan options, and onboarding programs.
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