doeLEGAL Selected by BASF Corporation to Manage Legal Spend

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BASF Corporation selects doeASCENT for legal enterprise collaboration to reduce its legal spend, improve efficiencies and increase transparency

We selected doeLEGAL because we believe it is a superior solution

doeLEGAL, a cutting-edge provider of legal spend management and electronic invoicing solutions for the corporate legal marketplace, announced that BASF Corporation has selected doeASCENT for legal spend management, enabling efficient collaboration around legal spend and matter management for their legal professionals, business leaders and partner law firms.

BASF Corporation is the North American subsidiary of the world’s leading chemical company, BASF SE, which is headquartered in Germany. Its portfolio ranges from chemicals and plastics to performance products and agricultural products. As a reliable partner, BASF Corporation creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF Corporation plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF Corporation posted sales of about $17.7 billion in 2010 and has approximately 16,400 employees. After an in-depth selection process, doeLEGAL's Ascent spend management solution was determined to be superior for BASF Corporation's legal department needs. This decision is in support of BASF Corporation’s broader strategic initiative to find innovative, next generation technology solutions to effect improved collaboration with its legal team, internally and externally, to:

  • Capture and predict all legal costs
  • Improve custom reporting and analytics
  • Improve communication and efficiencies for the extended legal team
  • Increase collaboration and partnering with law firms and vendors, and
  • Increase transactional transparency between the legal team and their business unit clients

“We believe doeLEGAL’s ASCENT will help us to achieve these critical strategic objectives," stated David Stryker, Senior Vice President and General Counsel, BASF Corporation. “We selected doeLEGAL because we believe it is a superior solution and we have high hopes that it will meet our short and long term requirements."

ASCENT, doeLEGAL’s legal spend and matter management solution, facilitates the management of matters, approvals and payment of invoices between the legal department and its outside counsel and vendors. ASCENT's innovative time and cost-saving features allow legal enterprises to seamlessly work with their partners through a secure, shared work environment that emphasizes collaboration. ASCENT delivers advanced analytics capabilities and allows the legal department and partners to: access and search real-time data, monitor project activity, review, edit and approve invoices, track budgets, manage accruals, manage documents, create comprehensive reports, and communicate and collaborate more effectively through the use of team rooms.

“We are very excited that BASF has chosen doeLEGAL and ASCENT to help manage its legal operations while strengthening collaboration between their legal department and BASF’s law firm and vendor partners,” said Jeff Hodge, Executive director for corporate, doeLEGAL, LLC. “BASF is the one of the latest organizations to join our growing presence in this rapidly changing marketplace, where last year our revenue grew by 37 percent due to companies needing innovative, reasonably priced, next generation technology to help achieve their objectives.”

For more information, please contact doeLEGAL at 302-798-7500 or e-mail info(at)doelegal(dot)com.

About doeLEGAL
doeLEGAL is a cutting edge provider and innovator of cloud-based legal enterprise collaboration solutions for the legal industry. Our suite of end-to-end collaborative software and services for corporate legal departments and law firms includes electronic invoice processing, legal spend and matter management, litigation support and electronic discovery. doeLEGAL serves small, medium and large Global Fortune 500 corporate legal departments as well as law firms in more than 35 countries. Established over four decades ago, doeLEGAL has built an impeccable reputation and takes pride in providing state-of-the-art technology offered at an excellent price point to clients who value and depend on exceptional service. Visit doeLEGAL at http://www.doeLEGAL.com.

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Jeff Hodge
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