Elite, the financial and business management platform for large law firms that Thomson Reuters sold to private equity firm TPG Inc. in 2023, said today that it has acquired Tranch, an invoice automation and payments platform providing invoice management and payment options for law…
CounselLink’s FastTrack Changes The Payments Paradigm, Paying Outside Counsel Within Two Days, While Inhouse Teams Get 90 Days to Review Invoices
A new product out today from the legal department management platform LexisNexis CounselLink could change the paradigm for how legal departments pay outside counsel, enabling law firms to receive payments within two days of initial invoice approval, while allowing corporations up to 90 days to more thoroughly review, process and fund the invoices.
CounselLink…
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