Case Study: Jefferies achieves greater transparency and cost control with Wolters Kluwer ELM Solutions

Bringing transparency and efficiency to Jefferies' legal spend management

Jefferies, a global investment banking firm, faced a challenge in managing its legal department's spending and gaining transparent data to inform its outside counsel selection. To improve cost control, the company turned to Wolters Kluwer ELM Solutions.

Wolters Kluwer ELM Solutions provided its Applications Management service, specifically the System Administration offering, to optimize Jefferies' use of the TyMetrix 360° platform. This solution alleviated an internal staffing gap and delivered increased transparency into legal spend through custom data fields and reporting. The results included substantial cost savings, improved return on investment, and smoother financial workflows, enabling more data-driven decisions.

Jefferies

Vicki Andreadis

Assistant General Counsel