Technical Standards
Includes: - Load Files - Cost Codes - Quotes - For Vendors - For Firms  |
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Litigation Support Department Includes:
- Budget Spreadsheet - Needs Assesment - Case Technology Plan - Task and Check Lists - Member's Area Access  |
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White Papers - Accounting Considerations
Accounting Considerations |
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| Assessment | Litigation Support doesn't worry about collecting payments. It doesn't need to make sales calls to drum up more work (although it should). It is similar to a preferred vendor—one that will exist as long as the firm exists, except that the people may change at any moment. This is the mindset the team should adopt. |
Billables |
Litigation Support's single greatest attribute is that its workers and storage can generate revenue for the firm; not only can it generate billable hours, it can (if warranted) take revenue from other vendors by bringing the work in-house. This environment can be exciting for the entrepreneurially-minded Litigation Support staff—and for a firm’s Accounting Department. Of course, not all attorneys want to pass Litigation Support billables through to their clients, but instead will tend to "write off the time." Luckily, Litigation Support doesn't actually need that revenue to stay in business. It just needs the financials tracked by the Accounting department. |
The Plan |
Later in the text, Litigation Support Department, we will discuss approaches to take toward billing, cover strategy, and describe how Accounting fits into the Litigation Support game plan. Initially, the following three steps are important to get Litigation Support services on the books: |
The Steps |
Step 1: Accounting creates vendor cost codes; |
ABOUT THE AUTHOR Mark R. Lieb is the President of Ad Litem Consulting and author of the books, Litigation Support Department and Litigation Support Technical Standards. Mr. Lieb has provided Litigation Support to legal teams for cases ranging from small collections to multinational, multi-firm litigation, involving millions of pages of ediscovery. He currently consults with firms, law departments, service bureaus and software companies on litigation technology best practices. If you would like to learn more about using technology in litigation, please feel free to visit Ad Litem Consulting www.AdLitem.com or call (866) 477-4523. |