This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

LexisNexis Launches Repackaged Offerings For CounselLink

Stocks in this article: ENL RUK

LexisNexis® Legal & Professional, a leading provider of content and technology solutions, announced today new tiered-level product packaging for LexisNexis CounselLink® software for enterprise legal management (ELM). CounselLink ELM includes matter management, legal spend management and legal hold software along with process, analytical and benchmarking consulting services.

The new packaging categorizes the CounselLink solution and services into three offerings, each with tiered pricing, to meet a range of corporate counsel needs from basic to the most advanced. This new model is in response to growing market demand for the software and to provide more consistent, predictable and transparent pricing. It also reflects the natural progression or maturation of the ELM market, which CounselLink estimates is $500 million and growing at 10 percent or more each year.

“We’ve more effectively scoped our offerings to meet the needs of customers based on where corporate legal departments are in terms of business, process and technological maturity,” said Jonah Paransky, vice president and managing director at CounselLink. “For example, legal departments that are still highly dependent on manual processes will have very different needs than the data-driven general counsel who is already effectively using technology to manage matters, costs and deliver more value.”

Tiered-pricing applies to both software and services such as onboarding services and support packages to help legal departments get started with CounselLink. Onboarding projects including change management, training, and bringing outside law firms on, for matter management or legal spend management for example, can range from just six weeks for smaller organizations to up to 20 weeks or more for largest corporate legal departments. Implementation times can vary widely depending on the scope and complexity of the implementation.

Strategic Consulting Services offered by CounselLink have also been aligned along the tiered-pricing structure and to mirror the newly re-packaged product offerings. These consulting services are designed to improve outcomes through a series of business process optimization and analytics services also available under the new tier-level packaging. CounselLink consultants help legal departments predict outside counsel expense, uncover trends, identify opportunities and manage the business of law.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs