The LOC’s Tax Accommodation Subcommittee has proposed ebilling format changes on two projects:
The first project concerns extending the number of cursor columns to the right of the decimal separator for the tax rate. Changes have been proposed to LEDES 98BI, XML 2.0 and XML 2.1.
The second project is a complex solution to support Tiered Tax, which is seen in a Japanese Withholding Tax. The solution proposes a new format, XML 2.2, which builds on XML 2.1 by adding 2 additional segments and 13 data points.
Click here for more information. A survey to collect feedback on these proposed format changes has been posted for public comment and will close on 8 September, 2019.
Our UK Regional Group will meet on Tuesday, 10 September, 2019 at the offices of a London law firm and will be broadcast via webinar for all interested parties that cannot attend in person. For more information or to RSVP to attend the meeting, please contact us here.
The 2019 LEDES Oversight Committee Board of Directors has been seated. Our leadership includes:
President – Jane A. Bennitt, Global Legal Ebilling, LLC
Vice President – Cathrine J. Collins, Legal Systems Automation, LLC
Treasurer/Membership – Jim Hannigan, Allen Matkins Leck Gamble Mallory & Natsis
Secretary – Nadia Strobbia, Thomson Reuters
Standards – Nicholas Puschak, Mitratech
Regional Groups – Andrew Dey, Andrew Dey Limited
Marketing – Rich Young, LegalKaizen
The LEDES Board of Directors has authorized the creation of an API Development Subcommittee, with Nicholas Puschak and Daniel Bodner serving as co-chairs. The subcommittee will develop and publish a software API that will enable direct application-to-application exchange of legal invoices and other information. The goal of this subcommittee is to define an industry standard REST Software API specification that will allow law firm time and billing applications to communicate directly to the corporate legal department matter management and e-billing applications, allowing law firm users to simply work within their time and billing applications to view the status of an invoice and to submit invoices, accruals and other legal data, eliminating the need to manually create and upload LEDES files to various systems. Participation in this effort is limited to LOC members. For more information, email us using the Contact LOC feature here.