What is ELM Solutions?
Enterprise Legal Management (ELM) from Wolters Kluwer helps corporate legal departments and insurance claims teams get a handle on their legal spend, matters, and outside counsel. Think of it as a command center that gives you clear visibility into invoices, vendor performance, and case status — so you can make smarter decisions and keep costs under control. Whether you're a general counsel, legal ops manager, or procurement pro, this software makes managing legal work a whole lot easier.
What are the features of ELM Solutions?
- Passport® – Highest-rated ELM platform: A highly configurable enterprise solution for large organizations that need deep customization and control over legal matters and spend.
- TyMetrix® 360° – Fast time-to-value SaaS: A cloud-based e-billing and matter management system that gets you up and running quickly, perfect for teams that want simplicity and speed.
- LegalVIEW® BillAnalyzer – AI-powered bill review: Uses artificial intelligence to automatically check invoices against your billing guidelines, cutting review time and improving consistency.
- LegalCollaborator – Early firm engagement: Lets you run competitive bidding and collaborate with law firms early in the process, all within the same ELM platform.
- LegalVIEW® DynamicInsights – Live rate benchmarks: Get accurate rate comparisons and trend analysis powered by over $230 billion in invoice data — no guesswork.
- LegalVIEW® Analytics – Deep data insights: Tap into the largest legal spend database in the industry to see how your team stacks up against peers.
What are the use cases of ELM Solutions?
- Corporate legal departments can track all open matters, monitor outside counsel budgets, and approve invoices in one place — no more spreadsheets.
- Insurance claims litigation teams can manage claim-related legal work, control defense costs, and spot patterns in vendor performance.
- Finance and procurement leaders can audit legal spending, negotiate better rates with law firms, and ensure compliance with billing guidelines.
- Risk and compliance teams can use analytics to identify outlier costs and enforce policy adherence across the entire legal portfolio.
- Law firms can connect with clients through the platform for e-billing, matter collaboration, and access to benchmarking data like the Real Rate Report.
How to use ELM Solutions?
- Start with a needs assessment: Identify whether your team needs the high configurability of Passport or the quick deployment of TyMetrix 360°.
- Set up billing guidelines: Define your rules for invoice review, then let LegalVIEW BillAnalyzer automatically flag non-compliant charges.
- Onboard your law firms: Use the platform to invite firms, configure rate cards, and establish collaboration workflows.
- Monitor dashboards daily: Check matter status, spend forecasts, and vendor performance using the analytics tools.
- Use benchmarks to negotiate: Pull rate data from LegalVIEW DynamicInsights to support fee discussions with outside counsel.
- Take advantage of training: Enroll in open-enrollment courses or request custom training to get the most out of your ELM investment.
