Most Firms Can't Heed Outside Counsel Rules, Losing Millions
Law360 (December 4, 2019, 3:29 PM EST) -- A new report on outside counsel guidelines found that most firms aren't able to effectively manage their responsibilities to clients under the guidelines, potentially costing millions of dollars per year in rejected invoices.
In a report released Wednesday by timekeeping company Bellefield Systems and the Association of Legal Administrators, surveys found that many firms simply write off rejected invoices and other consequences of failing to follow the terms of the outside counsel guidelines as the cost of doing business, and that most firms don't have a consistent system in place to ensure the rules are followed.
"Today, the majority of firms...
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