Legal Spend Analytics
Using Hercules, clients can now analyze their legal spend like never before, highlighting opportunities to drive value and identify inefficiencies that save millions of dollars.
With rate information from law firms and e-billers, our clients save millions each year with the power of their own data.
Standardize rates at the line item level, flag law firm alternative fee arrangements, and identify and map timekeepers, detecting and correcting corrupt or inaccurate records from your record set.
With an intuitive dashboard, Hercules digs deep and analyzes rates, practice areas, matter types, and other factors that impact your strategic decisions.
Create peer sets and combine filters for trillions of different views that allow you to make true apples-to-apples comparisons.
Examine rates according to practice areas, client types, matter complexity, efficiency, and much more to determine areas of opportunity and maximize your legal spend.
Identify trends to avoid overspending and help forecast your future legal spend.
Accomplish your goals by making more strategic, data-driven decisions with insights you can trust.