
MONITORING COMPLIANCE WITH
LITIGATION MANAGEMENT POLICIES Litigation management policies, if unmanaged, will have little effect on legal fees. To be effective (i.e., to reduce legal fees), it is necessary to scrutinize the monthly invoices to make sure that your law firms are in compliance with your legal cost control policies. Since monitoring compliance with litigation management policies is an extremely time consuming process, many companies elect to outsource this function. Accountability Services' legal auditors and accountants use our proprietary software to review monthly invoices to make sure the law firm is in compliance with the companys policies and determine if the bills are otherwise reasonable. Accountability Services compliance reports address:
Clients are provided with reports that identify and quantify the financial impact of any deviation from the clients litigation management policies and budgets. In addition, the reports isolate any emerging patterns or practices that may unnecessarily inflate legal costs. Recommendations for improvement are made. |
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