Ladbrokes has introduced an electronic billing and online performance review system for its legal advisers ahead of a review of the gambling company's eight-strong panel next year.

The e-billing and law firm appraisal system, introduced this month, allows Ladbrokes' in-house team, which is headed by general counsel Jonathan Adelman, to assess firms according to criteria including 'value for money', 'responsiveness' and 'commerciality'.

The system, developed by technology company TyMetrix, will allow Ladbrokes to pull together information on each law firm after every mandate, with the data then collated in a year's time, when it will be used as part of the company's panel review.

Ladbrokes currently has eight firms on its roster, which was created by Adelman after he joined from Hilton Group in 2008. These include Slaughter and May, SJ Berwin, Ashurst, Olswang, Berwin Leighton Paisner and Scots firm Burness.

Adelman commented: "[The system] has provided us with unprecedented data-driven visibility into our legal billings and spend – something that most EMEA organisations simply do not have insight into right now."

He added: "It has allowed us to consign our old cumbersome manual legal billing process to the past, saving real internal time and cost. The system provides us with detailed analysis of our global legal spend, allowing us visibility into trends and outcomes whilst helping us optimise our spend."

Increasing numbers of corporates have introduced e-billing systems in recent years, with both Barclays and Deutsche Bank among those to have done so in the last two years.