Litera
The unified legal document lifecycle and transaction management ecosystem for the modern law firm.
The industry's most widely used matter management and e-billing system for enterprise legal departments.
Thomson Reuters LegalTracker (formerly Serengeti Tracker) is the dominant SaaS enterprise legal management solution, specifically engineered for corporate legal departments to manage matters, control external legal spend, and optimize outside counsel relationships. By 2026, LegalTracker has deeply integrated Thomson Reuters' 'CoCounsel' AI layer, transforming it from a system of record into a system of intelligence. The platform's technical architecture centers on the LEDES (Legal Electronic Data Exchange Standard) for global e-billing, supporting over 100 currencies and intricate tax requirements. It leverages a cloud-native infrastructure that facilitates secure collaboration between corporate counsel and thousands of law firms worldwide. Key to its 2026 market positioning is the 'LegalTracker Advanced' module, which utilizes machine learning to automate the audit of incoming invoices against billing guidelines, predicting potential overages before they occur. The solution remains a cornerstone for Fortune 500 legal teams, offering a unified data lake for legal operations that integrates seamlessly with enterprise ERPs like SAP and Oracle, as well as document management systems like iManage and NetDocuments.
Uses LLM-based parsing to cross-reference invoice line items against complex outside counsel guidelines (OCG).
The unified legal document lifecycle and transaction management ecosystem for the modern law firm.
The AI-powered litigation lifecycle platform for smarter case strategy and automated chronologies.
The infinite workspace for deep document analysis and multi-source synthesis.
Enterprise-grade eDiscovery and AI-driven document intelligence for boutique and mid-market law firms.
Verified feedback from the global deployment network.
Post queries, share implementation strategies, and help other users.
Systematized collection of unbilled time from law firms at month-end to ensure GAAP compliance.
Live data connector for external BI tools like PowerBI and Tableau.
Module to track and report on timekeeper diversity metrics directly from law firm data.
Complex logic engine to calculate and validate VAT, GST, and local taxes across 100+ jurisdictions.
ML models trained on historical matter data to predict total matter cost from inception.
AES-256 encryption at rest and in transit with SOC2 Type II and ISO 27001 certifications.
Legal departments often pay for line items that violate their own billing policies (e.g., administrative fees).
Registry Updated:2/7/2026
Coordinating multiple firms across different countries and currencies is prone to error.
Finance teams lack visibility into unbilled work, leading to budget surprises.