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.