Case Study: Wellthy saves time and reduces legal costs with Thomson Reuters Practical Law

Wellthy cuts legal costs by 20-30% with Thomson Reuters Practical Law

Wellthy, a concierge caregiving support platform, faced significant legal challenges as its solo general counsel navigated complex regulations across multiple jurisdictions. Without a consistent framework, the company relied on outdated online resources and expensive outside counsel, leading to high costs and inefficiencies in risk management and compliance. To address this, Wellthy implemented the Practical Law solution from Thomson Reuters.

Thomson Reuters provided Wellthy with Practical Law, a centralized resource featuring automatically updated legal information, standardized templates, and risk mitigation tools. This solution enabled the solo counsel to draft contracts, research multi-state laws, and conduct due diligence without external support. As a result, Wellthy reduced its legal costs by 20-30%, achieved significant time savings, and improved the efficiency and reliability of its legal operations.

Wellthy