The LEDES Oversight Committee is pleased to announce that we have added instructional videos to our YouTube Channel on how to create and edit LEDES 98B and 98BI files. Featuring our Standards Director, Nicholas Puschak, these videos provide instruction for people new to legal ebilling on how to get started. These videos join our earlier presentation introducing the IPMM Invention Disclosure Schema created by Robin Hunziker, who leads that subcommittee. You can find our videos on YouTube by searching for LEDES Oversight Committee, or on the pages for each of these data exchange formats on this web site.
The Board of Directors is pleased to announce that forum functionality, intended to facilitate ebilling problem solving and information sharing, has been added for member use only. With membership in the LEDES Oversight Committee costing only $95 USD/year, this new benefit makes membership a bargain!
Aileen Leventon and Jenny Anne Horst-Martz, long-standing contributors to legal industry initiatives, have written another practical book on how to get the most out of using UTBMS codes. Legal Value Track is for both law firms and their clients, to advance the goal of developing a shared understanding on the value of particular legal services.
Legal Value Track provides buyers of legal services insight on the challenges law firms face in billing and pricing. Timekeeping practices and data bases on the costs and pricing of comparable matters require practical guidance on implementation. Outside counsel guidelines often don’t go far enough to address the actions required by individual lawyers and other timekeepers. This book does.
Legal Value Track is available on amazon.com as a paperback and an e-book. It is a companion to the manual the authors published last year on best practices in using codes in M&A transactions.