Serengeti Announces New Pricing for Leading Matter Management/Electronic Billing System for Law Departments - Economies of Scale Mean Lower Costs for Law Departments; Service Remains Free for Firms
April 26, 2006 (PRLEAP.COM) Business News
Serengeti Law today announced new pricing for its widely-used legal matter management and electronic billing system for corporate law departments. The new pricing includes volume and other discounts for both new customers and current customers who renew their contracts. These changes are the result of efficiencies as the number of users has grown to more than 35,000 in 125 countries. Recent law department surveys have recognized this growth and ranked Serengeti the most widely used and highest rated matter management and e-billing system among U.S. law departments.“With a critical mass of nearly 10,000 firms, Serengeti can offer the best value and easiest setup on the market,” said Don Murray, President of Serengeti Law. “As a result, we’re seeing rapid growth among large law departments as well as greater affordability for the smaller departments.”
Serengeti now provides all customers specific discounts for: higher volumes of legal work; projects that involve infrequent activity; billing/budgeting only matters; and internal matters (not involving outside counsel). As a result, most law departments on Serengeti are seeing a decrease in their overall system costs.
The new discounts apply to Serengeti’s all-inclusive monthly service fee, which covers all hardware, software, maintenance, support, and upgrades, as well as additional users and firms. Serengeti continues its practice of offering the system at no charge to all of the thousands of law firms who use Tracker.
“For the past three years, Serengeti Tracker has connected our law department offices and all of our law firms into a single online management system,” said Christie Cannon, Associate General Counsel for Pepco Holdings, Inc. “With Serengeti, we are able to manage our work more efficiently, and have better control over our legal spending. Although the volume of our legal work has increased, our system cost went down this year due to their new pricing. We appreciate the great service and value provided by Serengeti.”
The minimum Serengeti system cost, which applies to most small law departments, is $2,000 per month. With savings generally exceeding 5% of outside counsel spending, small law departments who are spending $1 million a year on outside counsel generate annual savings that are more than double their cost. Larger law departments have even higher rates of return on investment due to the significant volume and other discounts.
About Serengeti Law
Serengeti Law provides Serengeti Tracker, a Web-based electronic invoicing and matter management service for law departments to work more efficiently with their law firms. Serengeti Tracker includes electronic bill auditing, online document and contract management, automated budget management, and performance tracking. In-house counsel can also create customized management reports online to analyze trends in spending, track budgets and results, and create performance benchmarks. With only an Internet connection and an hour of training, more than 6,000 in-house counsel are working online with all of their law firms in more than 125 countries. More information is available at: www.serengetilaw.com.
Press Contact:
Rob Thomas
Vice-President, Strategic Development
Serengeti Law
(425) 748-5115
rob.thomas@serengetilaw.com