LexisNexis CounselLink Enhanced for Legal Spend Management

LexisNexis U.S., a leading provider of information and services solutions, today announced significant enhancements to LexisNexis® CounselLink™, a one-stop solution for matter management, business intelligence and ebilling.

Users of the LexisNexis CounselLink services now have more options for displaying and analyzing law department operations and spend data on the fly. The integrated FactMine™ reporting tool has been upgraded to include deeper business intelligence capabilities that allow CounselLink clients to create robust reports and management dashboards with drag-and-drop technology and to export or deliver reports in a variety of formats.

“With the CounselLink solution, you’re able to make timely and informed business decisions because you can quickly view and analyze all your legal department’s spending and drill down for detailed information. For example, within CounselLink, corporate counsel can easily track the legal fees associated with a lawsuit, compare it to the budget, and collaborate with their law firms to develop the best strategy to achieve their company’s objectives,” said Marcus Linden, vice president, chief operating officer for LexisNexis Examen Inc. “The new CounselLink reporting enhancements make our leading-edge reporting tool even stronger and easier to use. We have made it easier to gather the information that corporate counsel needs and format it the way they want it. You don’t have to be an IT professional to create these custom reports.”

With these sophisticated reporting enhancements, users can now:

• Analyze and understand their data from different perspectives and easily “drill” down for more details within a report.
• Take advantage of more windows-like functions such as dialog boxes, mouse-over tool tips, and undo/redo buttons to easily navigate through the reports and dashboards.
• Rearrange any report with simple drag-and-drop actions or by clicking on new toolbar icons to get entirely new views of the data, all from the same report and without IT assistance.