![]() ![]() Legal invoicing and law firm billing procedures In working with our clients and legal departments of all sizes, we’ve found five key elements common in legal billing guidelines:ģ. Guidelines aren’t meant to set unachievable standards for your law firms instead, they create a baseline for expectations, so you can ensure that everyone is on the same page. You want to convey to your law firms why billing guidelines are important. What to include in legal billing guidelines ![]() Often, you can start with your main billing requirements, adding and improving detail as your needs change, your team grows, and your expectations become more specific. Contrary to popular belief, billing guidelines don’t need to be long, complex, and riddled with legal terms. When creating billing guidelines to better onboard outside counsel, in-house legal departments can be intimidated by the detail needed in these documents. Clear, actionable, easy-to-understand billing guidelines are the key to getting your outside law firms up and running at maximum efficiency. If law firms aren’t aware of your goals or what you expect of them, they will likely miss the mark when they begin billing. The foundation of any great relationship with your outside counsel is clear expectations. Why it’s crucial to set clear expectations for law firm billing Here’s how to create your own legal billing guidelines to set up a successful, thriving relationship with your outside vendors. Guidelines are one of the most effective ways to control your legal spend and build stronger working relationships. Think of your legal billing guidelines (also known as outside counsel guidelines) as the underlying foundation for creating a positive and meaningful partnership between legal departments and law firms. The guidelines establish rules for legal invoicing formats, staffing, deadlines, and other important aspects of the working relationship. Legal billing guidelines are a binding agreement between a legal department and a law firm, ensuring payment in exchange for legal work. ![]()
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