The Matter Management Solution
Our algorithms leverage Enterprise Legal Management feeds and billing data to improve overall process efficiency and reduce waste.
For law firms, integrating this data into financial underwriting models allows more efficient working capital management.
By implementing the solutions at LegalMaps, the result is improved strategic alignment and better attorney client relationships.
LegalMaps curates receivables from elite lawyers working for large cap companies.
Our team has deep insider knowledge from both sides of the equation. We’re big law firm partners, Fortune 100 Chief Litigation Officers, and Fortune 100 Vice Presidents of LegalOps.
Bankers gain access to non-correlated asset backed securities formed from these receivables. Our algorithms reduce the primary causes of bad debt: billing against non-approved matters; time entries lacking client-approved billing codes; out of control teams; unapproved billing rates; and lack of budgets.
Lender risk is minimized by only allowing bills matching all criteria into the ABS.
LegalMaps gets you paid fast. LegalMaps reducing borrowing costs and gives you more control over working capital. We help maximize realization rates, and minimize writedowns. LegalMaps automates/eliminates client requests for accruals and forecasts.
LegalMaps helps law firms forecast revenue and develop new business with accurate budgeting tools. Web based, no installation. Simple APIs to client systems.
LegalMaps benefits from the virtuous circle and network effects. The more that law firms use LegalMaps, the more they save. The more they involve their clients, the more they save. So law firms bring clients, who bring more lawyers, who bring more data. This all serves to improve the breadth and quality of LegalMaps predictive analytics, which attracts new users.
Our CTO led the VC backed development of a storage solution acquired by Oracle at $100 million.