CONTRACT COMPLIANCE AUDIT OPPORTUNITY
LEGAL SERVICES
Industry Knowledge
orld class organizations count on general counsel for strategic business and legal
advice. To remain competitive, businesses must set appropriate expectations of their
legal services provider and invest significant resource and trust in the law firm’s
competency.
In3 understands client-attorney agreements and the nature of legal services. Its expertise in
reviewing legal billing and payment data and its experience in recovering funds through rate
reviews can help ensure clients don’t overpay their
legal fees.
Operational Challenges
Transactional visibility over
legal services
expenditures can be limited. Duplicate line items,
such as numerous document revisions, various
personnel in attendance (e.g., partner, associate,
and paralegal), and multiple filings can be
challenging to decipher. Variable charges for
supervision, secretarial overtime, excessive file
reviews and other billed time need confirmation
against contracted terms and rates. Unapproved
markups on expert testimony, filing fees, travel and
other costs can bypass financial controls.
The Opportunity
in3 reviews 100 percent of billing and payment data
to identify errors, deliver lost money and ensure
contract compliance of legal services providers.
Auditors pore over time-unit tracking records, receipts for ancillary billings, and meta-data from
time and billing systems in3 brings its client duplicate-charge and erroneous-payment cases
with discretion and supporting information. In cases or rate discrepancy, in3 applies industry
standards, past service records, and reasonableness thresholds to determine issues worth
further investigation.
An in3 audit highlights best practices within the attorney-client billing interface and improves
transactional visitbilty. It recommends cost controls that strengthen the relationship between
client and legal services vendor.
Contact Tom Bennett, in3’s chief operating officer, to discuss deep-dive audit
opportunities with your legal services providers.
tb@in3corp.com or call +1 (303) 448-1191 x 102
in3corp is an independent audit firm with worldwide operations for recovering cash, preventing future excesses or
shortfalls, and providing tested services such as supply chain and contract compliance auditing and royalty
verification. in3corp identifies specific opportunities for cost recovery and increased controls and provides visibility
into business operations and supplier relationships to help clients save money.
©in3corp 2015. All Rights Reserved.