PUBLISHER: IDC | PRODUCT CODE: 1540241
PUBLISHER: IDC | PRODUCT CODE: 1540241
This IDC Market Note discusses LegalCollaborator, a tool that builds competitive bidding directly into matter management. Legal operations are transforming corporate legal departments from reactive entities to strategic, optimized units with a focus on competitive bidding and metrics like timekeeper diversity and cost-effectiveness. Wolters Kluwer's LegalCollaborator tool enhances this shift by enabling legal departments to manage firm engagements and competitive bidding efficiently, integrating with existing platforms to improve productivity and collaboration.