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Moving to LEDES 2000
Introduced in 1998, the Legal Electronic Data Exchange Standard (LEDES) format rapidly became the de facto US standard format for moving legal invoices from law firms to corporations. LEDES has been embraced by law firms and corporate legal departments, time-and-billing system vendors, corporate matter management vendors, and electronic invoicing and cost management vendors. It's been estimated that more than 90% of legal invoices moving electronically today are formatted according to LEDES 1998B, the first released version of the standard. [See the LEDES 1998B illustration.]
While the 1998B format still gets the basic job of invoicing done, the governing LEDES Oversight Committee (LOC) recognized early on that its original design would not be adequate for future needs. In 1999, therefore, the LOC created the LEDES Change Subcommittee to create the next generation of the standard.
In an April 2000 proposal, the Change Subcommittee made its key recommendation – to base the new LEDES standard on the Extensible Markup Language (XML).
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