About This Industry Snapshot
This Study was one of the first to review and analyze how insurance defense firms have responded to the increasing demands placed upon them by:
E-billing software used by their clients;
More detailed billing guidelines;
Stricter invoice review, including the growth of third-party legal invoice auditors.
In this Study we attempt to quantify what resources and processes law firms have put in place to ensure the highest possible compliance with their principals’ (the insurance carrier) guidelines, as well as how effective these expenditures of money and time have been.
You can access the Snapshot here.