Legal Tracker

Legal Tracker is the enterprise legal management platform from Thomson Reuters, evolved from Serengeti Tracker and used by corporate legal departments worldwide to control outside counsel spend. It brings e-billing, matter management, budgeting and law firm benchmarking into one system that outside firms submit invoices into directly.

Key features of Legal Tracker include:

• AI Invoice Review: Generative AI and multilanguage models screen LEDES and other invoice formats for duplicates, administrative charges, rate breaches and anomalies before a reviewer sees them.
• Matter Management: A central repository for matters, documents and budgets with configurable automation, giving in-house teams one record of every active matter and the spend against it.
• Rate Benchmarking: Compares firm and timekeeper rates against aggregated corporate legal spend data by industry, practice area, metro area and firm performance so rate requests are tested against the market.
• Automated Rate Management: Dashboards in the Legal Tracker Advanced tier model rate increase scenarios and apply auto-accept and auto-reject thresholds factoring inflation and volume discounts.
• Matter Pricing and RFPs: Legal Tracker Advanced workflows run firm selection and competitive pricing for individual matters, including RFP issuance and bid comparison, inside the platform.

Best for: Mid-market and large corporate legal departments that need to enforce billing guidelines, manage a broad outside counsel panel and benchmark firm rates against market data.

Legal Tracker gives legal operations a single system of record for matters and spend, with benchmarking data behind every rate conversation. AI review absorbs the routine work of invoice compliance so in-house teams review exceptions rather than every line.