Serengeti Enhances E-Billing/Matter Management for 12,000 Legal Counsel Worldwide

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) April 5, 2004 --

Bellevue, WA � April 05, 2004 � Serengeti Law today announced the release of Serengeti Tracker 6.1, which adds more than fifty enhancements to the legal profession�s leading electronic billing and matter management system. In-house counsel can now analyze spending, results and performance; law firms can post multiple e-bills with a single click; and all users can improve efficiency with new collaborative features. This release is immediately available without charge to the more than 4,000 corporations and law firms who are currently working together on Serengeti�s Web-based platform in over 100 countries.



In-House Counsel Manage Results, Generate Savings



Generally, e-billing systems only process fees and expenses and do not track results achieved (i.e. settlements, verdicts, and other amounts received or paid by the corporate client). The financial impacts of such results on the client are usually much greater than the legal fees, and are critical to both corporate planning and efforts to control overall legal spending.

Tracker 6.1 gives corporate law departments a systematic way to track and manage the results achieved by their outside counsel. From simple online forms that capture matter resolution details like the date, phase, and outcome, Tracker automatically compiles and analyzes results across multiple matters. Then with Tracker�s powerful reporting engine, in-house counsel can generate online reports that present results by matter type, law firm, individual attorney, business unit, and product line. The reports calculate average spending and results, compare budgets to actual outcomes, and summarize lessons learned. Tracker�s drill-down capabilities allow companies to go from high-level analysis to specific matter details with a single click.



In-house counsel will use this organized information to create benchmarks, predict outcomes, and uncover developing trends in their legal work. In addition, this data will help in-house counsel assign work to those outside counsel with the best track records. A specific lawyer�s efficiency, predictive accuracy, time taken to resolve matters, and results obtained are all readily available, and can be compared with the performance of other lawyers handling similar matters.



Law Firms Submit All E-Bills with One Click

Serengeti Tracker�s ability to accept both LEDES and non-LEDES bills in any currency has made it the fastest growing and easiest to implement legal e-billing system worldwide. In Tracker 6.1, Serengeti continues to enhance SpeedPost� with bulk billing, which enables law firms to combine all of their LEDES invoices into a single file and upload them with one click. The system automatically allocates the bills to the correct matters, provides alerts for online bill review, screens bills for audit violations, and populates report databases. With enhanced SpeedPost�, law firms submitting large numbers of bills will experience significant savings over paper billing and other e-billing systems. As before, there is no cost to law firms for the use of Serengeti Tracker.

000 legal counsel worldwide