As head of managed services and analytics at Wolters Kluwer ELM Solutions, Jeffrey Solomon oversees a database that tracks over $150 billion in legal spend data. Legal departments are able to use this data in multiple ways, including to benchmark outside firms’ billing rates and to evaluate staffing of legal matters.
In this episode of LawNext, Solomon joins me for a deep dive into how corporate legal departments are using data and analytics to drive more strategic decision-making around setting and managing legal budgets and legal spend. We also talk about how access to this data is shaping corporate clients’ conversations with their outside firms around efficiency and use of technology.
Solomon oversees a team at Wolters Kluwer that leads innovation initiatives through ideation, market research, development, and go-to-market for a portfolio of AI-powered products and managed services. He has been with ELM Solutions since 2013. Before that, he was with TyMetrix, which Wolters Kluwer acquired in 2003.
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