10 Best Legal Business Intelligence Software of 2023

Last updated on by Editorial Staff
Legal Business Intelligence Software

You’re a lawyer, and you need to be able to make quick, informed decisions about your clients and their cases. But there’s just so much information out there. How can you possibly keep up?

It feels impossible to stay on top of everything between court transcripts, news articles, blog posts, and social media updates.

That’s where legal business intelligence software comes in. These powerful tools can help you sift through all the noise and focus on the most critical information for your case.

This blog post will introduce you to 10 of the best legal business intelligence software tools. With these applications, you’ll be able to make informed decisions quickly and efficiently, giving you the edge you need to win your case.

What is legal business intelligence software?

Legal business intelligence software is a type of software that helps law firms make sense of complex data. This software enables firms to make informed decisions about their businesses more efficiently.

In addition, by consolidating and organizing data in an easy-to-use interface, legal business intelligence software allows lawyers to focus on the most critical information for their cases.

1. LIT Dashboard

LIT Dashboard is a legal business intelligence software tool for law firms that Litigation Services provide. It helps to automate the litigation process and manage case data more effectively. This type of software can make a big difference in the outcome of a case.

Key features

Critical features of litigation services software:

  • Case management
  • Document management
  • Research and analyze data
  • Review trends

Pricing

The software has not provided pricing details publicly. To get pricing details, contact the vendor directly.

Likes

It helps to automate the process of legal research and document production. That can save a lot of time and effort for lawyers and improve the accuracy of the research and documents.

It can help keep track of deadlines, court procedures, and other vital details. That information can be accessed quickly and easily, which can help avoid any potential problems or delays in proceedings.

Dislikes

It needs experts to adequately set up and maintain the system, the possibility of user error when inputting data, and possible security risks associated with storing sensitive information on an online platform. 

Our opinion

LIT Dashboard is an excellent tool for law firms. It allows you to keep track of all the essential information related to cases. That helps you make better decisions and provides an efficient way to handle litigation.

2. Coyote Analytics

Coyote Analytics is a software company specializing in law firms’ business intelligence. It is designed to help law firms make better decisions about their business.

The software includes several features that allow users to track and analyze data, including a client database, a matter management system, and a financial reporting tool. 

Webpage of Coyote

Key features

  • Understands important KPIs and metrics of law firms
  • Analyzes trends
  • Provides data analytics to make business decisions
Coyote Contact Management

Pricing

The vendor has not provided pricing on the website. You need to contact the vendor directly.

Likes

Automats many of the tasks that are traditionally performed manually (such as data entry, document review, etc.)

It helps your team to work more quickly and efficiently. That can save time and money and help you prepare your case more quickly.

It will help you organize your data in a way that makes sense for your specific case. That can make it easier to find what you need when you need it and help keep your case on track.

Dislikes

Coyote requires a lot of training and regular upkeep to function correctly. Additionally, if users do not input high-quality data, the software’s output will also be low-quality.

Other details

DeploymentCloud, SaaS, Web-Based
Supported deviceWindows, Linux, Android, iPhone, iPad
SupportEmail/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat
TrainingIn-Person, Live Online, Webinars, Documentation, Videos
Customer ratingsCapterra: 4.5 out of 5 (21+reviews), G2: 4.1 out of 5 (10+reviews)

Our opinion

Overall, Coyote Analytics is a handy tool for law firms. It allows users to track and analyze data in different ways, which can help them make better decisions about their business. In addition, the software is very user-friendly and easy to navigate, offering many beneficial features for law firms.

3. Iridium BI

Iridium BI is a business intelligence software for law firms by Iridium technology that allows you to manage and track your law firm’s performance. It provides role-based reporting with an inherent dashboard.

(Iridium technology is taken over by Bighand.)

Key features

  • Easily customizable dashboards
  • Easily customizable reports
  • Advanced analytics
  • Advanced modules
  • Financial management
  • Revenue
  • GL+Expense

Pricing

The vendor does not disclose pricing. Contact the vendor directly for details.

Likes

  • Reduced costs: By automating the process of managing and tracking legal cases, litigation services software can help law firms reduce their costs significantly. 
  • Increased efficiency: The use of software can help lawyers manage their caseload more efficiently, leading to increased profitability for the firm. 
  • Improved accuracy: Automated systems are often more accurate than manual systems, leading to fewer mistakes and less wasted time. 

Our opinion

Iridium BI is a law firm’s business intelligence software. It allows you to manage your caseloads and track billable hours more effectively. The reporting features are also very helpful in getting a clear overview of your firm’s performance. We recommend this software to any law firm looking for a better way to manage its operations.

4. Aderant

Aderant software is a leading business intelligence software for law firms. It offers a comprehensive suite of tools for managing cases, clients, and finances. Aderant is used by many of the world’s largest law firms, known for its ease of use and flexibility.

Webpage of Aderant

Key features

  • Practice management
  • Case management
  • eBilling and analytics
  • Knowledge management
  • Time entry and compliance

Pricing

The vendor does not give pricing details. Contact the aderant for pricing details.

Likes

  • Flexibility and scalability – The software can be configured to meet the specific needs of any law firm and can handle any size case or practice area.
  • Ease of use – Lawyers and staff can quickly learn how to use the software, which helps to improve efficiency and reduce errors.
  • Time tracking – The software automatically tracks time spent on cases, making it easier to bill clients accurately.
  • Data management – The software organizes data to make it easy to find and use when needed. That helps improve decision-making and allows firms to respond quickly to changes in the marketplace.

Dislikes

The software can be expensive for smaller firms.

Our opinion

Overall, Aderant is a great business intelligence tool for law firms. It allows you to track performance and make data-driven decisions easily.

5. EZlytix

EZlytix is a business analytics tool that helps you make better decisions for your law firm. It provides meaningful insights into your law firm’s performance and allows you to track and monitor critical metrics.

Webpage of EZlytix

Key features

  • Dashboard view of your law firm’s performance
  • Track and monitor key metrics
  • Gain meaningful insights into your law firm’s performance
  • Provides relevant and real-time insights
EZlytix Dashboard

Pricing

The vendor does not disclose pricing. Contact EZlytix for details.

Likes

  • It helps you to understand your firm’s position
  • Improves legal operations
  • Provides user-friendly dashboard
  • Gives real-time insights
  • Analyzes the lead source and revenue

Dislikes

The software can sometimes be complex and require significant training for lawyers and staff. 

Other details

DeploymentCloud, SaaS, Web-Based
SupportEmail/Help Desk, FAQs/Forum, Knowledge Base, Phone Support
TrainingIn-Person, Live Online
Customer ratingsCapterra: 4.7 out of 5 (6+reviews), G2: 5.0 out of 5 (2+reviews)

Our opinion

EZlytix is one of the best business analytics software tools out there. It’s easy to use, flexible, and helps you collect and analyze data quickly and easily. It’s an excellent tool for law firms who want to improve their business performance.

6. Westlaw (Edge)

Westlaw is a premier online source for lawyers and legal professionals, providing access to the largest collection of legal information.

It offers cases, regulations, secondary sources, practice areas, news briefs, trial court documents, public records, expert materials, and more. It also features first-of-its-kind AI-powered tools like intelligent document analysis to enhance research ability.

Features

  • Advanced and Precision Research
  • A comprehensive collection of legal information
  • Graphical View of History
  • Allows users to save cases of interest and hide cases they have determined are irrelevant to current research.
  • Outline Builder
  • Editorial enhancements- Dedicated attorney editors

Pricing 

For pricing details, contact the company directly. 

Likes 

  • User-friendly
  • Research capabilities
  • Resource materials

Dislikes 

  • Pricing and plans
  • Problems with UI

Other details

DeploymentCloud, SaaS, Web-Based
SupportEmail/Help Desk, Knowledge Base, Phone Support
Customer ratingsCapterra: 4.7 out of 5 (21+reviews), G2: 4.4 out of 5 (174+reviews)

Our opinion

Westlaw Edge is designed to help legal professionals quickly find what they need, with intelligent brief analysis tools and search capabilities powered by AI. It is used by attorneys and their firms and corporate and government lawyers.

7. Lexis Advance

Lexis helps primary researchers within the legal and professional fields locate pertinent data easily and quickly. In addition, it aids you in taking up legal matters and transactions with confidence by giving access to more than 60,000 sources of legal, news, business, and public records information to develop a solid strategy and verify good law with Shepard’s Citations Service. 

Webpage of LexisNexis

Features 

  • Pertinent information
  • Research and analytics
  • Good law
  • Case law research
  • Expanded Search Term Map
  • Shepard’s Citations Service
  • Litigation Analytics
  • Research into action
  • Jurisdictional and Practice area centers
  • Legal news hub
  • Access from anywhere, anytime, and on any device

Pricing

Lexis Packages for a three-year subscription

  • For Online Research
    • Lexis – State Primary starting from $85/ month
    • Lexis – State Primary with Shepard’s starting from $140/month
    • Lexis – Federal Primary starting from $190/ month
    • Lexis – Practice Advisor Plus from $2500.00/month  
Pricing of Lexis
  • For Corporate attorneys
    • General Counsel Suite – Essentials starting from$595/month
    • General Counsel Suite- Premium starting from$842/ month
    • General Counsel Suite- Premium International starting from$978/month
Corporate Pricing of Lexis

Likes

  • Accessibility 
  • Research and content library
  • Detailed database
  • Search tool

Dislikes

  • Pricing
  • Usability of UI 
  • Navigation tools

Other details

DeploymentCloud, SaaS, Web-Based
Customer ratingsCapterra: 4.4 out of 5 (17+reviews), G2: 4.4 out of 5 (174+reviews)

Our opinion 

Lexis Advance is a type of legal research software, a part of the comprehensive collection of tools for attorneys. This legal research platform offers a search tool that utilizes natural language or boolean searching to acquire data on various legal topics.

8. Casetext

This is a powerful tech platform for effective, efficient legal research, document generation, and more. It boasts a comprehensive database with one-of-a-kind search capabilities.

It provides access to all the proceedings in all 50 states and US federal courts, statutes, regulations, and rules with no shortage of data sources. In addition, Casetext’s innovative neural net technology and parallel search enable users to search how attorneys think.

Webpage of Casetext

Features 

  • AI/Machine Learning
  • Parallel research
  • Annotations
  • Brief Analytics
  • Case Alerts
  • Case Law Research
  • Change Tracking
  • Data Visualization
  • Search History
  • Self-Service Search
  • Statutes Research

Pricing

Pricing plans for single attorney license

  • Monthly plans
    • Starter: $200/month
    • Advanced:$220/month
    • Pro: $375/month
Monthly Plans of Casetext
  • Yearly plans
    • Starter: $100/month
    • Advanced: $110/month
    • Pro: $250/month
Pricing sheet of Casetext

Likes

  • User-friendly
  • Pricing
  • Search results

Dislikes

  • Lacks customization
  • Lack of certain documents and material resources

Other details

DeploymentCloud, SaaS, Web-Based
Supported languagesEnglish
SupportEmail/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat
TrainingLive Online, Webinars, Documentation, Videos
Customer ratingsCapterra: 4.8 out of 5(131+reviews), G2: 4.8 out of 5(73+reviews)

Our opinion

Casetext is a powerful, award-winning AI platform for smarter legal research and document drafting. It helps you conduct a quick search according to your thought process and obtain results from the common law or your firm’s documents. In addition, the advanced parallel search allows users to retrieve lost keywords and search all about the law easily. 

9. Bloomberg Law 

Bloomberg law provides cutting-edge legal technology, streamlined workflow tools, real-time news, primary and secondary sources, and business intelligence.

Webpage of Bloomberg

Features

  • Deep expertise and powerful 
  • Legal AI tools 
  • Data analytics.
  • Existing subscribers can benefit from ongoing product improvements without additional cost.
  • All our content is available on one platform with unlimited, unmetered access.
  • Access to breaking news

Pricing

For pricing details, contact the company directly.

Likes

  • Case law repository
  • Easy to tracking of cases 
  • Ease of search
  • Interactive database

Dislikes

  • No secondary sources and treatises
  • Lacks detailed sources
  • Lags during downloads
  • Difficult to navigate

Our opinion

Bloomberg Law offers one comprehensive platform with a single, fixed price and complete access to its ever-evolving library of innovative legal technology. In addition, it provides access to its workflow tools, news items, a broad range of primary and secondary sources, and in-depth analytics.

10. (Cheetah) – Vital law 

This platform helps legal professionals at law firms, general counsel offices, and corporate legal departments make decisions with data-driven tools. They provide research and analysis support to organizations to promote transparency, justice, and safety.

Features

  • Kluwer arbitration
  • Kluwer IP
  • Agreement and Clause builder
  • Enterprise legal management 
  • Daily reporting tool

Pricing

For pricing details, contact the company directly.

Likes 

  • Ease of use
  • Convenient UI

Dislikes

  • Limited features 
  • Restricted reporting capabilities

Our opinion

Vitallaw provides legal professionals with data-driven resources to make informed decisions. It helps streamline research, analysis, and workflows to give organizations an advantage and help create more transparent and just societies.

It comes with advanced browsing, search, and collaboration abilities.

FAQ

What is the quality of the best legal business Intelligence software?

You can assess the quality of the best legal business Intelligence software in terms of its features and its benefits to users. The software should provide insights into various aspects of the business, such as performance, sales, and marketing. It should also help users make better decisions by providing actionable data-driven insights.

What are some of the benefits of using legal business intelligence software?

Some of the benefits are
-Improved decision-making
-Increased efficiency
-Better client service

What are some of the features of legal business intelligence software?

Some of the features include
-Data mining
-Data analysis
-Reporting
-Visualization tools

Conclusion

Legal business intelligence software is a must for any law firm looking to streamline operations and get ahead of the competition. We’ve outlined five of the best legal business intelligence software programs on the market, but many more are out there.

So do your research, find the right program, and watch your law firm take off!

References