Lawcadia, has introduced an innovative feature focused on legal rate card compliance, marking its eighth anniversary. The new functionality addresses rising client requests for detailed legal billing information and ensures invoices align with agreed-upon law firm rates.
Lawcadia is an end-to-end legal operations platform for in-house legal teams and law firms. A unique two-sided platform with an intelligent automation engine.
The cloud-based legal operations platform also transforms the way in-house legal teams and law firms collaborate and solve business problems.
Lawcadia’s new feature provides an ability to accept invoices that only relate to approved fee earners and, for complex litigation, automatically split an invoice into multiple phases and workstreams.
According to Lawcadia CEO and Co-founder Warwick Walsh the introduction of the rate card compliance feature would significantly enhance productivity for organisations that wanted methodical invoice review and compliance checks.
“Legal departments are seeking more detailed data relating to spending and resourcing,”
“Lawcadia’s new capability includes the digestion of itemised invoice data to provide specific reporting analytics and deep insights into operations and finances.” he said.
Reflecting on the past eight years, Mr Walsh said he was proud of the team’s unwavering commitment to providing practical solutions to the challenges faced by corporate and government legal departments.
“Our mission has always been to empower legal teams with tools that are not just powerful but also intuitive and easy to use,” he said.
“The rate card compliance functionality is a prime example of how we’re tackling complexity and enabling in-house legal teams to deliver better outcomes for their business.”
Since its inception, Lawcadia has been dedicated to simplifying legal operations for in-house legal teams and law firms, providing a suite of tools designed to streamline processes and enhance efficiencies.
As Lawcadia continues to evolve and expand its offerings, the introduction of the legal rate card compliance feature marks another milestone in its journey to transform legal operations, driving efficiency and productivity for in-house legal teams worldwide.
The innovation underscores Lawcadia’s ongoing commitment to providing practical and effective solutions that meet the evolving needs of legal departments worldwide, further solidifying its position as a leader in the legal tech space.
Established in 2015, Lawcadia is headquartered in Brisbane, Australia, with significant operations in London and Manila. Its clients are in varied locations across Asia-Pacific, EMEA and North America and include in-house legal teams and over 180 law firms.