Businessman working with invoice on digital tablet. SimpleLegal Jumps Into Invoice Review With New AI-Powered Tool
Onit Inc.'s SimpleLegal released its AI-backed invoice review tool SimpleReview today. While it isn't the first to tackle invoice review, SimpleLegal is betting on its extensive data training sets to stick out from the competition.
June 28, 2021 at 11:01 AM
3 minute read
With more law firms increasing first-year associate pay to $200,000 and the continuing pressure on in-house counsel to contain legal spend, legal invoices are coming under deeper scrutiny. To help corporate legal departments improve their evaluation of legal bills, SimpleLegal is the latest legal tech company to release an artificial intelligence-powered invoice review tool.
Today, the legal operations platform launched invoice review tool SimpleReview that will join SimpleLegal's suite of reporting and analytics software and spend, matter and vendor management tools. SimpleReview will be available as part of the SimpleLegal subscription plan until the end of the year, said SimpleLegal vice president of products and design Shri Iyer. There's no plans to make SimpleReview a standalone product, a SimpleLegal representative added.
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