target audience: TECH SUPPLIER Publication date: Aug 2024 - Document type: Market Note - Doc Document number: # US52482624
LegalCollaborator Builds Competitive Bidding Directly into Matter Management
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Abstract
This IDC Market Note discusses LegalCollaborator, a tool that builds competitive bidding directly into matter management. Legal operations are transforming corporate legal departments from reactive entities to strategic, optimized units with a focus on competitive bidding and metrics like timekeeper diversity and cost-effectiveness. Wolters Kluwer's LegalCollaborator tool enhances this shift by enabling legal departments to manage firm engagements and competitive bidding efficiently, integrating with existing platforms to improve productivity and collaboration.