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Mitratech Success Center

August 2017 - Reducing Outside Counsel Spend Using TeamConnect

The purpose of this webinar is to teach users how to use the rules, reports and documentation in TeamConnect and Collaborati to help control spend.

RULES

Rules in TeamConnect can be used to enforce Outside Counsel Billing Guidelines.  The following chart lists the out of the box validation rules and includes some examples on how they are applied:

OUTSIDE COUNSEL BILLING GUIDELINES 

Outside Counsel Billing Guidelines should contain all the information related to your billing requirements.  Some of the Key components used in writing Outside Counsel Billing Guidelines are listed below:

Basis for professional fees

Dealing with media inquiries

Cost estimates and budgeting

Conflicts of interest

Cybersecurity

Billing fees and expenses

Maintaining confidentiality

Billing deadlines

Outsourcing

Matter staffing

 

TIPS AND TRICKS

Rules 

Validation rules are activated and configured in Setup under the Tools, Invoice Validation Rule Setting section. 

Outside Counsel Billing Guidelines

Save Outside Counsel Billing Guidelines in Collaborati for easy vendor reference.

Click on Document Sharing, drag and drop the desired document on to the screen, click Start Upload.  The documents will be saved to Collaborati during the next application sync. 

The following screen shot shows what the vendors will see in Collaborati:

Reports that Demonstrate Savings

TeamConnect has several out of the box reports that can help demonstrate savings on outside counsel spend and identify problems areas. Following are a few reports used to demonstrate savings:

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