LEGAL BILL REVIEW (LBR) SERVICES Having an effecve, efficient and high quality LBR process in place is the foremost step for an organizaon in implemenng and realizing the true benefits of legal spend management. At LSG, we understand the importance of integrang an LBR service into your maer management procedure. We are flexible in terms of adopng your current system environment and employ our experse to the fullest. However, in the event your current e-billing system does not have the required funconal features to carry out a detailed LBR and resoluon process with law firms, we can provide a soluon that interfaces neatly with your current plaorm. Our Capabilies LSG’s Legal Bill Review team includes well trained, common law qualified Indian lawyers with an average PQE of 7+ years specifically on Legal Bill Review with an exceponal staff turnover rate of 6%. LSG employs a systemac training program in compliance with the ISO quality standards and has ISO 9001 cerfica- on for our Quality Management System. Our training materials and methodologies are unique and they cover the core aspects relevant to Legal Bill Review that includes US Legal History and Procedural Hierarchy, Ligaon Phase and Tasks, UTBMS Acvies and Expenses and General Accounng Principles. LSG.COM ® LSG.COM [email protected] 80 Broad Street, New York, NY. 10004 Tel : 1-212-269-4520
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LEGAL BILL REVIEW (LBR)
SERVICES
Having an effective, efficient and high
quality LBR process in place is the
foremost step for an organization in
implementing and realizing the true
benefits of legal spend management.
At LSG, we understand the importance of integrating an LBR service into your matter management procedure. We are flexible in terms of adopting your current system environment and employ our expertise to the fullest. However, in the event your current e-billing system does not have the required functional features to carry out a detailed LBR and resolution process with law firms, we can provide a solution that interfaces neatly with your current platform.
Our Capabilities
LSG’s Legal Bill Review team includes well trained, common law qualified Indian lawyers with an average PQE of 7+ years specifically on Legal Bill Review with an exceptional staff turnover rate of 6%.
LSG employs a systematic training program in compliance with the ISO quality standards and has ISO 9001 certifica-tion for our Quality Management System.
Our training materials and methodologies are unique and they cover the core aspects relevant to Legal Bill Review that includes US Legal History and Procedural Hierarchy, Litigation Phase and Tasks, UTBMS Activities and Expenses and General Accounting Principles.
LSG.COM®
LSG.COM [email protected]
80 Broad Street, New York, NY. 10004Tel : 1-212-269-4520
Integrated LBR Service
This LBR model is ideal for those clients who have an e-billing system in place which is capable of conducting bill review and invoice resolution process with law firms
The service can be used to review submitted invoices on clients’ or Advocator System® ELM for on-going litigation and/or for closed cases or matters. Our legal bill review services not only reduce the burden of meticulously reviewing "line items" of the legal invoice but also enable the client to take informed business decisions concerning litigation spend and supplier performance. Our LBR service is a flexible and customizable service which can be configured according to clients' requirements.
The primary focus of the LSG LBR team is to ensure adherence to billing terms agreed between client and suppliers in service level agreements, with the preservation of the good relationship between them always in mind. In addition to the billing terms, the attorneys will focus on other areas such as adhering to UTBMS global billing standards, avoiding block billing and vague descriptions etc., which ensures clarity and accuracy in the invoices. LBR plays a vital role in bringing maximum accuracy to statistical reports concerning litigation spend.
Client’s e-Billing System
Invoice compliance against the client's Service Level Agreement or Billing Guidelines.
Delivers accurately validated invoices by correcting mathematical and other data such as "Timekeeper Rate", "Duplications", "Expenses
Caps" and "Approval Requirements" etc.
Key reports such as law firm performance comparative analysis, Guideline
Non-Compliance, activity bill and expense bill analysis are generated.
Creates and Assigns Matters
Submit Invoices
Automatic Review
Manual Review (LBR)
Finalize invoices with Law Firm
Client invoice review and approval for
payment
LBR METHODOLOGY
Key Features
About LSG
LSG is a leading ISO 9001:2008 and ISO 27001:2013 software application and business processoutsourcing company with a global network of offices in Europe, North America and Asia-Pacific. It specializes in the areas of procurement, supplier and litigation management.
The company delivers sustainable and demonstrable financial and business benefits for its clients via proprietary applications and support solutions. These solutions enable electronic procure-to-pay engagements to be facilitated in the general insurance, captive, claims, legal, banking, finance, mining, construction and energy industries. LSG serves clients in more than 50 countries.
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