PracticeLeague Recognized in Gartner’s Market Guide for Enterprise Legal Management Solutions

by PracticeLeague

PracticeLeague, a leading provider of Enterprise Legal Management platform has been included as a Representative Vendor for ELM solutions in Gartner’s new report Market Guide for Enterprise Legal Management Solutions 2019.

PracticeLeague Enterprise Legal Management is an integrated and unified solution that brings all entities of legal on a single intelligent platform empowering multiple communities with legal at the core across an end to end business landscape. The ecosystem helps to optimize workflow, collaborate seamlessly in near Real-Time and maximize productivity driving competitive edge and corporate ethics.

PracticeLeague single engagement platform transforms the core processes of legal including contract management, litigation management, compliance & risk management, IPR and Insider trading while providing a real-time visibility into comprehensive legal data, overall legal spend, and value of legal in business.

PracticeLeague ELM platform enables corporate legal departments with:

Litigation management: Efficient management of multiple matters with assigning and tracking of matter progress, important dates, documents, budgets, expenses, etc.

Legal Spend Management: Efficient creation, tracking, and analysis of legal budgets along with automatic spending-to-budget comparisons.

Contract Management: Managing of the full lifecycle of a contract while tracking key obligations, dates, TAT, on each contract, thereby improving workflow efficiency and productivity

Vendor & Supplier Onboarding Solution: Amassing multiple vendor information and details on a single platform with Easy to track feature, allowing to upload all important files in a single repository to map them to the vendors.

Compliance and Risk Management: Managing/Tracking of compliances diligently while enforcing automated guidelines to alert internal stakeholders in case of non-adherence or non-compliance.

IP Portfolio Management: Management of entire Patent lifecycle on a single integrated platform with Centralized IP database enabling legal to create, view and track all Intellectual Property Matters including Patents, Trademarks, Design and copyright

Legal Document Management: Centralized storage solution for the legal teams with the highest level of security systems to store confidential data that is accessible to authorized personnel from any location. With an integrated DMS system, in-house counsels can read and find case papers, material for research and important emails, all with a single click.

Workflow & Collaboration: Supports the automation of legal business process management, including email integration, information sharing, approval process, and security.

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Source : Gartner, Market Guide for Enterprise Legal Management Solutions by Nikos Drakos, Jim Murphy, October 7, 2019

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