Sloan Plumb Wood Come Out of The Cloud for Partner For Windows

News Article - 19/01/2012 : billing, Matter Management, partner for windows, sloan plumb wood llp, tfb, time recording, Technology, Technology

Newly formed commercial firm, Sloan Plumb Wood LLP, have successfully replaced their hosted system in favour of TFB's Partner for Windows practice management system to improve efficiencies in client and matter management, enhance client...

Civil and Criminal Billing from DPS Software

News Article - 19/01/2012 : billing, dps software, legal services commission, Finance, Finance, Technology

Scott Ridley, Technical Director at DPS Software recently attended an LSC meeting at which the following changes to Civil and Criminal Billing were proposed. The LSC have announced a three phased process of Delivery Transformation for Criminal...

Legal Week - Editor's comment: 2009 and all that

News Article - 19/01/2012 : billing, outsourcing, Finance, Finance, Technology

Reaching the end of what has proved a highly eventful year (and decade) the temptation to turn this column into a mini retrospective has proved irresistible. But oddly, as turbulent as 2009 proved, in many ways it wasn't that surprising. True,...

DLA abandons US associate lockstep in move to performance-based pay

News Article - 19/01/2012 : billing, dla piper, lockstep, pay structures, Finance, Finance

DLA Piper has released details of a new associate pay model that is set to throw out lockstep in favour of a performance-based system, reports The National Law Journal.

The plan will do away with minimum billable hour requirements and pay...

Senior in-housers raise concerns over value for money from law firms

News Article - 19/01/2012 : billing, value for money, Finance, Finance

Law firms represent worse value for money for clients than they did five years ago, according to a recent survey of senior in-house counsel.

Almost two thirds (62%) of respondents to the survey - conducted by US law firm Winston &...

New survey shows billing rates inching up slowly at US firms

News Article - 19/01/2012 : billing, us law firms, Finance, Finance

US law firms increased their average firmwide billing rate by just 2.5% during the last year - one of the lowest increases in recent memory, reports The National Law Journal.

The small rise compares to a 4.3% increase in 2008 and a 7.7%...

Latest from the LSC - November 09

News Article - 19/01/2012 : billing, legal services commission, Technology, Technology

As all solicitors are no doubt aware, the LSC will be introducing a number of reforms to Civil and Criminal Billing designed to cut costs across the board. As a result of these changes, the billing process will become increasingly complex with...

Fitting the bill

News Article - 19/01/2012 : billing, electronic payments, Finance, Finance, Technology

All law firms should adopt an electronic billing system to provide clients with the efficiency and consistency they increasingly expect, says Damian Blackburn

Electronic billing means different things to different people. To some, sending...

Microsoft cuts back legal budget by 15% due to recession

News Article - 19/01/2012 : alternative billing structures, billing, microsoft, recession, redundancies, Finance, Finance

Microsoft's legal department has seen its legal budget cut by 15% over the last 18 months, leading to a 5% reduction in headcount, according to the software giant's general counsel, Brad Smith.

Before the cuts, Microsoft's legal department...

Saturn27 launch free bill template health check and new iVAT product

News Article - 19/01/2012 : billing, compliance, saturn 27, Finance, Finance

Increasingly firms cannot ignore the issues surrounding compliance as 2010 looms which has inspired Saturn27 to launch their new billing template health check service - for free!

This is in addition to their new iVAT product which...

Citigroup now using alternative fees for one third of all work

News Article - 19/01/2012 : alternative billing structures, billing, citigroup, Finance, Finance

Citigroup now manages nearly a third of its external legal work under alternative fee arrangements, according to the banking giant's general counsel, Michael Helfer.

Speaking at a panel debate last month, Citigroup's Helfer told a US...

Raft of top City firms call for partners to tighten up billing

News Article - 19/01/2012 : billing, city law firms, recession, Finance, Finance

A raft of top 15 firms have been tightening up billing procedures and piling pressure on partners to improve collections in response to the recession.

City firms including Herbert Smith, Lovells, CMS Cameron McKenna and Bird & Bird are...

Cash-strapped law firms and lawyers up borrowing to pay tax bills

News Article - 19/01/2012 : billing, revenue, tax, Finance, Finance, Practice Management

Law firms facing a cash flow crunch are sharply increasing their borrowing to meet tax liabilities, a lender to the legal profession has reported.

Syscap, an independent finance provider, says loans sought by firms have almost doubled...

Banks push for alternative billing as claims rise

News Article - 19/01/2012 : banking, barclays, billing, lloyds bank, Finance, Finance

Banks are clamping down on litigation fees as they move to cope in the face of spiralling claims against financial institutions.

Top City firms are reporting growing numbers of banks pushing for alternative billing methods for litigation...

Official figures reveal top public buyers of law

News Article - 19/01/2012 : billing, revenue, SRA, Marketing & BD, Marketing & BD

Sixteen Government departments racked up legal fees of more than £1m each over the last three years through the panel designed to centralise Whitehall legal spend, with JobCentre Plus emerging as the biggest spender.

The data,...