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Integrating Multiple Systems: Making e-Billing Work
Electronic billing systems have become very popular in corporate law departments because they can save both time and money. Invoices can be routed electronically, reducing cycle time, and can be automatically compared with a company's outside counsel guidelines, guaranteeing compliance. The concept behind electronic billing is that it is almost no additional work, that the invoice approval process is faster, and that the firm will get paid more quickly.
Unfortunately, the reality of electronic billing is a little more complicated. Law firm clients often use different electronic billing systems, requiring the creation of customized invoice formats or manipulation of electronic files manually. As more clients continue to require electronic bills from their outside law firms, the challenge is in finding ways to more efficiently create and manage electronic invoices.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.