Some of the world's most recognized brands, including 10% of the Fortune 100, trust Quovant. Our Nashville-based team of lawyers, compliance analysts and business intelligence professionals work closely with our clients to establish best practice billing guidelines, ensure billing compliance, and uncover actionable insights and analytics that lead to better business decisions, operational efficiencies and cost savings.
Data Services Excellence
Quovant’s proven legal bill review approach includes an online portal that accepts law firm invoices in any format, including LEDES, PDF, Word, Excel and more. The Data Services team sets up all client matters and timekeepers for you, and all invoice and claims data is normalized into a consistent, common language format for more accurate reporting.
Effortless Compliance Review
Quovant’s compliance review begins with an automated, rules-based legal bill review through our proprietary software that checks calculations, timekeeper validity, and invoice/line duplicity. Next, your dedicated Quovant compliance analyst reviews each invoice line-by-line against your billing guidelines to uncover opportunities for savings.
After a thorough legal bill review, each invoice line-item is assigned a proprietary, common-language task or expense code. Quovant’s categorization codes are more accurate and consistent than standard UTBMS codes, and can be customized to meet client-specific needs.
Actionable Insights and Data Analytics
Led by your dedicated Client Account Manager, the Business Intelligence team leverages over 20 years of industry data to produce regular or ad hoc reports that offer powerful insights into your legal spend and shed light on opportunities for greater savings and new efficiencies in your processes.
Gain better visibility into your litigated claim costs
Uncover insights that drive better case and claim outcomes
Improve legal billing compliance and control costs
Reduce annual legal spend and optimize your law firm panel
Strengthen law firm relationships
Lufthansa has been successfully working with Quovant for more than 15 years now. Quovant has not only helped us to lower our external legal spend – we also gained a detailed overview over the Group wide legal spend. Without Quovant we could not have reached the transparency we need to effectively steer our group wide legal spend in all countries we do business in.
– Legal Spend Manager at Lufthansa