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Page 33 of 52

I L T A W H I T E P A P E R | T E C H S O L U T I O N S 34 W ithout doubt one of the fastest growing challenges for law firms is managing the myriad of billing rules contained within the plethora of outside counsel guidelines. In this article Nick Jenner from Tikit and Ken Wineke from Thomson Reuters eBillingHub suggest how the right use of technolo will help firms tackle and tame this new, and ever- increasing challenge. It has become clear that e-billing, spend management and outside counsel guidelines (OCGs) are here to stay. And with corporate legal teams employing new and sophisticated processes, such as legal bill review, backed by new technologies to capture violations, the levels of scrutiny and enforcement of billing rules is going to cause law firms significant pain in the form of costly write- downs. The effort required for law firms to contend with the growing demands placed by their clients' OCGs is considerable as they are working with multiple clients, each with their own OCGs that must be adhered to. The same client may even Are you coping with the growing demands of outside counsel guidelines? H E R E ' S H O W T E C H N O L O G Y C A N H E L P F I R M S G E T T H E B E S T R E S U L T S by Nick Jenner and Ken Wineke

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