TyMetrix 360

TyMetrix 360 is the cloud enterprise legal management platform from Wolters Kluwer ELM Solutions, used by corporate legal departments and insurance claims teams to manage matters, invoices, and outside counsel relationships in one system. It pairs configurable e-billing workflow with benchmarking drawn from the LegalVIEW legal spend database, so spend decisions rest on market data rather than internal history alone.

Key features of TyMetrix 360 include:

• E-Billing & Invoice Review: Captures LEDES invoices and applies AI-assisted review to flag billing guideline violations, with approval routing and an Invoice Appeals workflow for disputed charges.
• Matter Management: Centralizes matter records, budgets, accruals, and documents, with AI matter summarization surfacing key details inside the workflow instead of in separate reports.
• LegalVIEW Predictive Insights: Applies AI to legal spend data to rank law firms for litigated matters and predict likely budgets and cycle times before a matter is assigned.
• Panel & Rate Management: Organizes firm panels by matter type and manages timekeeper rates by role or individual, with benchmarking and enforcement of negotiated rate guidelines.
• Power BI Reporting: Delivers real-time dashboards through Microsoft Power BI covering spend, accruals, alternative fee arrangements, fast pay discounts, and diversity metrics.

Best for: Large corporate legal departments and insurance claims organizations that need rigorous outside counsel spend control, rate benchmarking, and global e-billing at high invoice volume.

TyMetrix 360 turns invoice and matter data into negotiating leverage, helping legal departments enforce billing guidelines, select better-performing firms, and forecast legal spend against a broad market benchmark.