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.
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.
By
Jeff Hodge And John GilmanThis premium content is locked for Accounting and Financial Planning for Law Firms subscribers only
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