Ingest Legal Spend Data
Legal Decoder's core technology is based on the Legal Spend Analyzer (LSA) which ingests legal spend data (task descriptions, task durations, timekeepers) and structures it for analysis.
Natural language processing (NLP) technology and proprietary algorithms are used to analyze data line-by-line against rule sets, benchmarks, and categories.
Reporting & Analytics
Once the data has been analyzed insights, trends, and patterns can be sourced from the analysis reports. Analysis can provide pricing/budgeting certainty, ensure operational performance, and optimize financial performance to give you an edge on the competition.