Legal Bill Review: AI & Software Can Save 6-11% on Your Legal Invoices

Written by Legal-Technology | Published 2020/04/04
Tech Story Tags: legal-bill-review | legal-bill-review-services | legal-bill-review-software | insurance-claims-software | insurance-claims-processing | good-company | latest-tech-stories | legal-spend

TLDR Legal bill review (LBR) is the process of analyzing legal bills and invoices to ensure there are no billing errors present. LBR can be closely coupled with claims management software by outsourcing to empower manual review with technology backing. $487 million over four years, or ~$122 million per year, in cost savings by utilizing LSG's outsourced legal bill review. LSG is one of the only private, and non-private equity-backed, companies in need of SaaS.via the TL;DR App

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Written by Legal-Technology | @LSG
Published by HackerNoon on 2020/04/04