Legal Decoder Market Research Report
Company Overview
Name: Legal Decoder
Mission of the Company:
Legal Decoder aims to optimize efficiency and reduce pricing uncertainty in legal services by leveraging proprietary technology to analyze raw legal spend data and convert it into actionable information.
When was the Company Founded and by Whom:
Legal Decoder was founded by Joseph R. Tiano, Jr. after nearly 20 years of practicing law.
Key People in the Company:
- Joseph R. Tiano, Jr., Founder and Chief Executive Officer
- Christopher J. Miller, Co-Founder, Chief Technology Officer & Chief Operating Officer
Headquarters:
105 North Virginia Avenue, Suite #204, Falls Church, VA 22046
Number of Employees: No information is available
Revenue of the Company: No information is available
What is the Company Known For:
Legal Decoder is known for providing tools and solutions to analyze legal spend data, helping both law firms and corporate legal departments enhance their pricing and budgeting decisions.
Products
1. Pricing Decoder
- High Level Description: The Pricing Decoder ingests raw legal spend data directly from invoices and categorizes it to reveal price and value KPIs.
- Key Features:
- Ingests raw billing data directly from invoices
- Categorizes items using UTBMS and proprietary codes
- Reports past pricing for future pricing decisions
- Manages pricing and budgeting decisions
2. Compliance Decoder
- High Level Description: The Compliance Decoder uses customizable flags and narrative analysis for a detailed review of legal invoices.
- Key Features:
- Over 45 customizable flags (continuously refined over time)
- Narrative analysis on a line-item basis
- SaaS-based product
- Allows for comparison and contrast of firms
Recent Developments
New Products Launched:
- No information is available
Recent Product Enhancements:
- No information is available
New Partnerships:
- No information is available
Notable Events:
- TVPi Presentation (2020): Presented at TVPi Virtual Value Summit on Data-Driven AFAs
- Finalists for American Legal Technology Awards (2020): Legal Decoder was a finalist in two categories: Enterprise and Technology
- Featured in Law360 Webinar Article (2020):
- Highlighted in 2020 Emerging Legal Technologies in The National Law Journal (2020):
- Awarded Most Innovative for Legal Spend Analysis Technology (2019):
Contact Information
Headquarters:
- Address: 105 North Virginia Avenue, Suite #204, Falls Church, VA 22046
- Email: info@legaldecoder.com
- Technical Support Email: support@legaldecoder.com
This report has been prepared using existing data. For any missing information fields, ensure to update the database or source further information as needed.