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Thomson Reuters Legal Tracker Reviews & Product Details - Page 8

Thomson Reuters Legal Tracker Overview

What is Thomson Reuters Legal Tracker?

Thomson Reuters spend management – Legal Tracker is a world-class solution with unmatched invoice analysis capabilities, advanced AI bill review, document understanding and processing through machine-learning models, and powerful, predictive analytics and enhanced benchmarking tools. Using Thomson Reuters spend management, you can start making proactive, data driven decisions around spend management and achieve real-time savings, while delivering services for your business partners on time and on budget. Legal Tracker Advanced Named ACC Value Champion, 2022 The Association of Corporate Counsel (ACC) has awarded Volkswagen Groups of America, Inc. and Legal Tracker Advanced its 2022 Value Champion Award. With streamlined workflow and powerful data analytics, the rate increase process was improved to deliver savings, resulting in the award. Providing comprehensive matter management, easy legal e-billing, custom analytics, and seamless integration with existing tools and systems, Legal Tracker (formerly Serengeti Tracker) is the ideal solution for in-house departments and law firms. A professional services team, 24/5 live support, and an online Help site backs all of this up. Over 1,600 corporate law departments, from Fortune 500s to startups, use Legal Tracker for billing and matter management reporting analytics. Using this turnkey corporate legal software, they are able to control costs, reduce legal spend, streamline operations and deliver predictable budgets. Legal Tracker allows users to securely manage invoices in any electronic format for all firms they work with worldwide. With one secure platform that can integrate with their accounts payable department, they can automate approvals, audits, and electronic invoice routing of legal bills. Legal Tracker is also popular for its matter management features. Users can access all aspects of their legal matter, from documents and emails to deadlines and personnel, all in one place, from all of their law firms. A legal department can be complex, and it faces constant scrutiny. What metrics are most useful for showing value? Data-driven decisions require accurate metrics. With Legal Tracker's reporting tools, you can easily show your organization’s leadership team how your in-house legal department and outside law firms are performing. Measure performance, review spend and budget, and benchmark your data against others in the market. Engage our experts at any stage to maximize Legal Tracker benefits. Let us help you with your data services, implementation, cloud integrations, and more.

Thomson Reuters Legal Tracker Details
Product Website
Languages Supported
German, English, French, Japanese, Portuguese, Spanish
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Product Description

Legal Tracker is the corporate legal industry's most widely used software for managing e-billing, matter management, and performance analytics

How do you position yourself against your competitors?

How Thomson Reuters Spend Management Is Superior

• Predictive analytics and enhanced benchmarking tools
Benchmarks your data against more than 1,600 of the highest-performing legal departments and identifies opportunities for savings with more than $200B of legal spend data, from more than 121,000 legal services suppliers in more than 192 countries.

• Sophisticated AI capabilities
Offers advanced AI bill review and document understanding and processing through machine-learning models.

• Multiple invoice formats and languages
Allows the processing of invoices in multiple formats, including LEDES, PDF, Word, image files, and more—all while handling multiple currencies and complex tax.

• Industry-leader since 2001 (formerly Serengeti Tracker)
Leads the industry as the most widely used legal spend SaaS.

•Fast and Easy Migration

Effortlessly bring your matters, invoices, and legal documents from other solutions within less than a month.


Seller Details
Company Website
Year Founded
2008
HQ Location
Toronto, CA
Twitter
@thomsonreuters
152,775 Twitter followers
LinkedIn® Page
www.linkedin.com
34,134 employees on LinkedIn®
Ownership
NYSE:TRI
Total Revenue (USD mm)
$5,984
Description

Know today. Navigate tomorrow. In an era of unprecedented change, we are delivering innovative technology and AI that empower professionals to confidently address the complexities of today and the unknowns of tomorrow.


Robin C.
RC
Overview Provided by:

Recent Thomson Reuters Legal Tracker Reviews

Daniel H.
DH
Daniel H.Small-Business (50 or fewer emp.)
5.0 out of 5
"Tracker makes invoice review and approval much easier than any other method."
The most helpful feature is how the program breaks down the individual attorneys and their billing rates.
Verified User
E
Verified UserEnterprise (> 1000 emp.)
4.5 out of 5
"Overall Very Good"
Very ease to onboard new firms and use the product.
Verified User
U
Verified UserEnterprise (> 1000 emp.)
4.0 out of 5
"useful tracker tool"
Allows you to track spend, manage your budget, a useful repository for matter management.

Thomson Reuters Legal Tracker Pricing

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Thomson Reuters Legal Tracker Media

Thomson Reuters Legal Tracker Demo - Industry Leader
Legal Tracker is the world's most widely used and highest-rated in-house legal matter management, case-tracking, e-billing, and analytics system.
Thomson Reuters Legal Tracker Demo - Legal E-billing
Securely manage invoices in any electronic format for all the firms you work with worldwide. Automate approval, audit, and legal invoice routing with one secure platform that can integrate with your accounts payable department.
Thomson Reuters Legal Tracker Demo - Rate Management Insights
Connect to all of your law firms and have instant access to every aspect of every legal matter, from documents and emails to deadlines and personnel, in one place.
Thomson Reuters Legal Tracker Demo - Dashboards
Legal Tracker is a highly configurable system designed to work the way you work. Each user has a unique Tracker dashboard with multiple views that can be individually tailored to meet specific needs. With more than 100 best practice metrics that can be displayed and the ability to select from pre...
Thomson Reuters Legal Tracker Demo - Online Value Calculator
Get your complimentary business case report to see your savings! Visit https://legal.thomsonreuters.com/en/products/legal-tracker/value-calculator
Thomson Reuters Legal Tracker Demo - Matter Pricing and RFP
Matter Pricing and RFP enable legal departments to deeply compare and assess firms, better predict costs, automate processes, and negotiate with greater effectiveness and confidence.
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128 Thomson Reuters Legal Tracker Reviews

4.6 out of 5
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128 Thomson Reuters Legal Tracker Reviews
4.6 out of 5
128 Thomson Reuters Legal Tracker Reviews
4.6 out of 5

Overall Review Sentiment for Thomson Reuters Legal TrackerQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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MB
Administrative assistant
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Thomson Reuters Legal Tracker?

I like the possibility to obtain customized reports. Review collected by and hosted on G2.com.

What do you dislike about Thomson Reuters Legal Tracker?

I do not think the invoice approval is efficient. There should be a hard stop for law firms to include pdf invoices when they publish invoices, Review collected by and hosted on G2.com.

What problems is Thomson Reuters Legal Tracker solving and how is that benefiting you?

It allows me to keep payments up to date. Review collected by and hosted on G2.com.

Response from Robin Chance of Thomson Reuters Legal Tracker

Thank you for your feedback, Mariana. We are glad you like Legal Tracker's ability to create customized reports and that it helps your company stay current with payments. We will share your comments about the invoice approval process with the team. Our goal is to provide our customers with more efficient tools, and it is through valuable feedback like yours that we can do that.

LC
e
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Thomson Reuters Legal Tracker?

Complete solution, but still really easy to use. Accept both LEDES files and most other formats (PDF, Excel, CSV) for all submition process. Have great reporting engine. Review collected by and hosted on G2.com.

What do you dislike about Thomson Reuters Legal Tracker?

Rely too much on lawyer for some tasks and send them unnecessraries email. For Big Law Firm, most of the lawyer won't use ELM portal, they have no interest of learning that. Plus, I doubt that client wants to be charge 1000$/hre for a partner that try to use their ELM... Review collected by and hosted on G2.com.

Recommendations to others considering Thomson Reuters Legal Tracker:

Don't hesitate, Legal Tracker is the best ELM solution! Review collected by and hosted on G2.com.

What problems is Thomson Reuters Legal Tracker solving and how is that benefiting you?

Tracking approbation process for legal billing. Getting paid faster and knowing why an invoice is reduce/cut. Being easy to use, Legal Tracker is the most productive of all ELM solution, most people could use it with that much training. Review collected by and hosted on G2.com.

Verified User in Electrical/Electronic Manufacturing
UE
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Thomson Reuters Legal Tracker?

It is fast, the dashboard at home page contains relevant and timely information, the search capacity is fast and reliable. Reporting runs in a few seconds Review collected by and hosted on G2.com.

What do you dislike about Thomson Reuters Legal Tracker?

Sometimes it is difficult to create new matters when it is a new vendor, contrary to copy old matters Review collected by and hosted on G2.com.

What problems is Thomson Reuters Legal Tracker solving and how is that benefiting you?

Organization, reporting, an archive of matters and invoices, and processing links to other applications to complete the process Review collected by and hosted on G2.com.

Response from Robin Chance of Thomson Reuters Legal Tracker

Thanks for the review. Your satisfaction with Legal Tracker (formerly Serengeti Tracker) as a matter management, e-billing, and analytics system is a top priority. Located at the top of each page of Legal Tracker, our online help site provides tutorial videos, guides, and training opportunities. Each Legal Tracker page also includes a link to your company's internal support resources. The guidance and tips they provide may make creating new matters easier.

Verified User in Biotechnology
UB
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Thomson Reuters Legal Tracker?

Clear view of the budget with sufficient details on the narratives. Review collected by and hosted on G2.com.

What do you dislike about Thomson Reuters Legal Tracker?

The invoice cannot be viewed online, rather they have to be downloaded each time for review. Review collected by and hosted on G2.com.

What problems is Thomson Reuters Legal Tracker solving and how is that benefiting you?

The narratives are extracted from the invoices. Review collected by and hosted on G2.com.

Response from Robin Chance of Thomson Reuters Legal Tracker

Thank you for letting us know Legal Tracker meets your budget and invoice needs.

An invoice can be viewed online. For LEDES invoices, which are the most common, Legal Tracker works well. LEDES invoices can be viewed online, analyzed, etc. Non-LEDES invoices, however, must be downloaded to review the details.

Your input about Legal Tracker is greatly appreciated.

Verified User in Staffing and Recruiting
US
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Thomson Reuters Legal Tracker?

It's webbased, no need for installation of additional software, extremely intuitive. Review collected by and hosted on G2.com.

What do you dislike about Thomson Reuters Legal Tracker?

We had some issues with implementing flat fee billing. Review collected by and hosted on G2.com.

What problems is Thomson Reuters Legal Tracker solving and how is that benefiting you?

I believe the issue is still under review. Review collected by and hosted on G2.com.

Response from Robin Chance of Thomson Reuters Legal Tracker

Your feedback about Legal Tracker is greatly appreciated. With its #1 ranking among cloud-based ELM solutions, we are happy to hear you find the web-based feature useful! If you have questions regarding flat fee billing, please contact your account executive or customer support. Thanks again for your review.

See how Thomson Reuters Legal Tracker improved
Melissa B.
MB
Manager, Legal Support & Operations
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Thomson Reuters Legal Tracker?

The best thing about Legal Tracker is that it is very user-friendly with a very intuitive interface. The Learning Center is also very helpful when you run into questions! Review collected by and hosted on G2.com.

What do you dislike about Thomson Reuters Legal Tracker?

One particular feature that I find to be unhelpful for our needs but cannot turn off is the "Substantive Law" field in the matter templates. We don't want to use it and find the list to not necessarily include the things we need, but we cannot remove the field. Review collected by and hosted on G2.com.

What problems is Thomson Reuters Legal Tracker solving and how is that benefiting you?

Legal Tracker makes invoice management a breeze! I am very quickly and easily able to review every submitted invoice to ensure that they comply with our billing guidelines. This saves lots of time and energy! Review collected by and hosted on G2.com.

Response from Robin Chance of Thomson Reuters Legal Tracker

Melissa, thank you for reviewing Legal Tracker by Thomson Reuters. Our product development process relies on feedback from customers like you.

It's great to hear that Legal Tracker's user-friendliness is one of its best features, and that the Learning Center is a great resource. Hearing from you that "Legal Tracker makes invoice management a breeze!" and that it "saves lots of time and energy!" tells us we're on the right track with Legal Tracker. Thanks again.

AS
Sr. Litigation Manager
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Thomson Reuters Legal Tracker?

It's a great tool for billing needs and communication with outside counsel and firms. Great tool for audits and reporting Review collected by and hosted on G2.com.

What do you dislike about Thomson Reuters Legal Tracker?

I would like it to be more user friendly and to be able to use it for closer follow up of open matters that need weekly attention. Review collected by and hosted on G2.com.

What problems is Thomson Reuters Legal Tracker solving and how is that benefiting you?

Organization of invoices and reminders.

Multi layer audit.

Reporting of open and closed matter Review collected by and hosted on G2.com.

Response from Robin Chance of Thomson Reuters Legal Tracker

Thank you for your review, Aura. We continuously improve our products based on feedback like yours. We're glad to hear your company finds Legal Tracker to be an ideal tool for its legal billing, reporting, audit, and communication requirements.

Verified User in Law Practice
AL
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Thomson Reuters Legal Tracker?

I will begin with the first feature Legal Tracker has that no other electronic billing system has; that is the ability to create your own reports in report builder. It is also nice to be able to upload multiple invoices at a time if your law firm does not have an electronic billing platform such as BillBlast or eBilling Hub. Review collected by and hosted on G2.com.

What do you dislike about Thomson Reuters Legal Tracker?

Legal Tracker is my favorite electronic billing site out of the many I deal with. Because I deal with some of the worst, I really cannot think of a negative to Legal Tracker. Review collected by and hosted on G2.com.

Recommendations to others considering Thomson Reuters Legal Tracker:

When a client tells me they are implementing electronic billing, I smile everytime they say they will be using Legal Tracker. Something about it must be user friendly on both ends because clients do not tend to have the issues/problems I encounter with clients who use other eBilling platforms. Review collected by and hosted on G2.com.

What problems is Thomson Reuters Legal Tracker solving and how is that benefiting you?

When we receive a payment without remittance, I can easily run a report to find out which invoices were recently paid in Legal Tracker against the outstanding invoices we have in AR. Review collected by and hosted on G2.com.

Verified User in Construction
AC
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Thomson Reuters Legal Tracker?

The level of customizability is great. We have a very robust matter tracking and financial tracking system for our Litigation department. We were able to add almost all of the fields that we had in our previous system. We did have to find work-arounds for some fields that were missing, but overall we were able to utilize it to be pretty functional and analytical with our data. The analytical data we've been able to pull has helped us greatly in reviewing our financial spend on a firm by firm basis. The ability to have the system review invoices for various criteria and flag it or take specific actions is another great feature. Review collected by and hosted on G2.com.

What do you dislike about Thomson Reuters Legal Tracker?

There are some limitations to the customizability of the platform. The profile page of the individual matters is not very dynamic and reads top to bottom with flat information. It makes viewing the data in a quick look a bit less fluid. The product engineers have leaned all of their power into a dynamic reporting system to make up for this lack of fluidity in the data. So you have to run a report to pull dynamic data instead of having a dynamic GUI. The GUI in various parts of the system operates differently and is customizable in differing ways. So for instance, the ability to move working parts in the matter list does not use the same functionality as the Matter AP Code Review. Review collected by and hosted on G2.com.

What problems is Thomson Reuters Legal Tracker solving and how is that benefiting you?

We have made several feature requests. Some have fallen flat and others have been absorbed and we are hopeful that they will be implemented. We have removed several costly firms from our roster because of the clarity we've been able to provide in Legal Tracker. We've also eliminated costly overhead charges that should be rolled into the base rates being charged, which has granted us a more fluid process for review of invoices. Review collected by and hosted on G2.com.

Verified User in Legal Services
AL
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Thomson Reuters Legal Tracker?

The ease of invoice and rate submissions is far superior to the majority of other e-billing systems I've used over the past 15+ years in e-billing. The customizable reporting feature is also a definite plus. Review collected by and hosted on G2.com.

What do you dislike about Thomson Reuters Legal Tracker?

I would like to see better search filters on the invoice status pages. A search function in the billing matter listing would be extremely helpful as this is where matter mapping/reconciliation occurs. It can be extremely cumbersome to search through multiple pages when there are very large numbers of matters on the site for a particular client. An ability to reconcile matters on the matter tab rather than the billing tab or the matter screen accessed when using the site search function could also solve this issue. Some human or eHub error correction options that don't require client intervention would also be beneficial. The ability to attach expense documentation or recall invoices submitted by eHub before the client begins the review process on their side would be a time and effort saver for both vendor and client. Review collected by and hosted on G2.com.

What problems is Thomson Reuters Legal Tracker solving and how is that benefiting you?

Because Tracker works so seamlessly with eHub, the instances of invoice rejections are far lower than with other sites. The bulk upload of timekeeper rates coupled with a simple online form for single rate submissions is also incredibly helpful. When manual creation of an invoice on the site is required, the format is simple and quick. Review collected by and hosted on G2.com.