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Tag Archives: LEDES

UTBMS: A Breakthrough for M&A Codes

A Breakthrough for M&A Codes in UTBMS

The new M&A Codes reflect a breakthrough for measuring the cost and business value of legal work, writes contributor Aileen Leventon in this piece for the LexisNexis Business of Law Blog. In the late 1990s, the concept seemed simple enough. Clients established outside counsel guidelines which included the requirement to submit invoices through an ebilling system. Lawyers and other timekeepers ... Read More »

4 Tips for LEDES and Establishing Client eBilling

4 Tips for LEDES and Establishing Client eBilling

Electronic Billing or eBilling isn’t about generating a PDF file of an invoice and emailing it to a client according Dana Riel of Business Solutions, Inc. during a recent LexisNexis webinar: “Electronic Billing in Time Matters and Billing Matters.” “Electronic billing is when your client comes to you and says you are not going to give us a paper bill ... Read More »