Legal spend management software is a specialized management solution designed to help legal departments and law firms control, track, and optimize their legal expenditures—especially those related to outside counsel. It plays a key role in Enterprise Legal Management (ELM) strategies by increasing visibility into legal spend, improving budgeting, and enabling data-driven decision-making. This software automates e-billing and invoice processing, supports standard formats like LEDES, and enforces billing guidelines by flagging non-compliant charges. It also provides real-time spend analytics through dashboards that track expenses by matter, vendor, or region. Typical users of legal spend management software include in-house legal teams, finance departments, and law firms. They use it to manage legal budgets, enforce billing compliance, and analyze spend data for better decision-making.