Market Closed - Euronext Amsterdam Other stock markets | 5-day change | 1st Jan Change | ||
143.6 EUR | +2.02% | +0.49% | +11.58% |
May. 03 | WOLTERS KLUWER : Receives a Buy rating from Barclays | ZD |
May. 02 | Wolters Kluwer Announces New Legalcollaborator Solution a breakthrough legal engagement and competitive bidding software | CI |
May 03, 2024 at 07:11 am EDT
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The solution integrates seamlessly with ELM Solutions' TyMetrix 360-degree and Passport platforms to not only capture early law firm engagement information and competitive pricing insights but also provide enforcement of pricing agreements for full vendor transparency and cost management.
'With the launch of LegalCollaborator, Wolters Kluwer continues to lead the way for innovation in comprehensive software solutions empowering corporate legal departments and their law firm partners,' said
For the first time, legal professionals will have access to an efficient, scalable, and transparent process for initiating single law firm engagements and competitive bids. LegalCollaborator removes subjectivity from law firm selection, providing a series of pre-defined templates that allow users to efficiently collect and view critical matter details such as conflict waivers, strategy, staffing, and pricing structure side-by-side. A user-friendly interface will provide corporate legal teams with more transparency into their matters, driving an unparalleled ability to accomplish the desired outcome at the best possible cost. Meanwhile, their law firm partners can use the solution to demonstrate the unique strategies and crucial differentiators paramount to successful matter outcomes. This generates a more competitive bidding environment that brings only the best firms to the top.
By integrating LegalCollaborator with TyMetrix 360-degree and Passport, Wolters Kluwer is helping organizations streamline the disconnected matter planning and competitive bid management systems that have traditionally made it difficult to successfully track spend throughout the life of a matter. For example, users can leverage AI-powered spend management tools, such as ELM Solution's LegalVIEW BillAnalyzer, as well as the $180+ billion in historical performance data found in the LegalVIEW database, to both set as well as enforce strong billing guidelines to tightly control spend.
About Wolters Kluwer
Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.
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Company Profile
Wolters Kluwer specializes in publishing books, works, reviews, press, softwares and digital contents. Net sales break down by market as follows:- tax and accounting (32.2%): A3 Software, ADDISON, ATX, CCH, CCH AnswerConnect, CCH Axcess, CCH Axcess iQ, CCH Axcess Validate, CCH Axcess Workflow, CCH iFirm, CCH Integrator, CCH OneClick, CCH PinPoint, CCH ProSystem fx, CCH Tagetik, Genya, PFX Engagement, TeamMate and Twinfield brands;- health (26.6%) AudioDigest, Emmi, Health Language, Lexicomp, Lippincott, Medi-Span, Ovid, POC Advisor, Sentri7, Simplifi 797, SoleSource, UpToDate and UpToDate Advanced;- governance, risk and compliance (24.4%): BizFilings, CASH Suite, ComplianceOne, CT Corporation, eOriginal, Expere, GainsKeeper, LegalVIEW BillAnalyzer, Lien Solutions, OneSumX, Passport, TSoftPlus and TyMetrix 360°;- legal and regulatory (16.8%): CaseWorx, CGE, Enablon, InView, Iter, Jogtár, Jura, Kleos, Legal Intelligence, Legal Monitoring, Legisway, LEX, Navigator, NotaioNext, ONE, Progman, RBSource, Schulinck, Simpledo, VitalLaw and Wolters Kluwer Online.The group's contents are marketed under the form of publishing on paper, electronic flow and CD-Roms.Net sales are distributed geographically as follows: the Netherlands (3.7%), Europe (24.9%), North America (63.7%), Asia/Pacific (6.1%) and other (1.6%).
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Professional Information Services
Calendar
2024-05-07 - Annual General Meeting
Related indices
EURO STOXX 50 , STOXX EUROPE 600 (EUR) , AEX
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ESG Refinitiv
B+
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Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
143.6EUR
Average target price
149.5EUR
Spread / Average Target
+4.11%
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- Wolters Kluwer's new LegalCollaborator solution transforms engagement between corporations and their law firms