Best Practices Live Chat: Guide in Fee Analytics - Invoicing and eBilling

[On Demand - DL1083]

Duration: 35 minutes
Course Type: Audio Chat / PowerPoint Presentation
Course Registration Fee: Lex Mundi Member Fee:  No Charge

Course Description:

This course is available only to Lex Mundi members.

This Live Chat discussion on Best Practices Guide in Fee Analytics: Invoicing and eBilling focuses on the practice of electronic billing in law firms which are not simply digital invoices, but sophisticated, complex and expensive tools that can have a fundamental impact on the financial and commercial relationship between the law firm and its clients. The guide also discusses the re-alignment of eBilling in the era of Alternative Fee Arrangements, procurement and project management.  

The program provides an extremely informative summary of eBilling systems and technologies with tips on how law firms and in-house teams can implement eBilling or make existing eBilling systems more efficient and effective.       

Takeaways:

  • Electronic billing data transmission
  • Automated invoice processing
  • Common activity coding
  • Standardized bill templates
  • Core system integration
  • Analytic tools
  • Origins of eBilling
  • Formalizing eBilling: LEDES
  • EBilling data exchange format/LEDES 1998B and LEDES 2000

Faculty:

 

 

Chris Bull, Executive Director, Kingsmead Square

Chris has been a leading practitioner and pioneer in the field of professional firm business management for over 17 years. His work with clients focuses on assisting them to adapt, evolve and meet the challenge of the new legal and professional services world. He is a founding Executive Director at consultancy Kingsmead Square, advisors on the swift, successful execution of business plans and transformation of operational and financial performance. 

Within the legal services sector, Chris is closely identified with the accelerating transformation of the market and the implementation of new business models, advising on innovative transformation programmes, outsourcing and shared service strategies as well as on the creation of a string of high profile new entrant Alternative Business Structures (ABS) in the UK market. 

His appointment as Chief Executive of UK lawyers Osborne Clarke in 2000 was in the first wave of business professionals hired into law firm leadership roles. In his subsequent global management role at professional service outsourcing firm Integreon, he was one of the architects of their rapid rise to market leadership in the legal outsourcing space. As a member of one of the legal market's best known strategy consultancies, Edge International, he worked with clients in the UK, US and Europe. Chris has previously worked in blue chip leading consulting, accounting and financial services organisations (PriceWaterhouse, Ernst & Young and NatWest Bank).

One of the busiest speakers and writers on law firm operational management, Chris is a regular keynote speaker, chair and panellist at conferences in Europe and the US. He has been a regular guest tutor at Nottingham Law School’s innovative legal MBA programme and an active member of a number of advisory boards. He has authored two books published by Managing Partner/Ark: ‘Law Firms in the Digital Age’ (2013) and ‘The Legal Process Improvement Toolkit’ (2012).
 

MCLE/CPD Information:

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Registration and fees:

Lex Mundi Member Fee - No Charge

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Course Categories:

Business Development and Client Service
Law Firm Management
Process Improvement and Technology
Practice Area Expertise
General Legal Skills and Personal Development
Talent Management
Knowledge Management
Project Management