An application's ability to support sophisticated billing structures depends largely on whether it has a module specifically for legal practices or whether it offers only generic time and billing. Even those that are geared toward the legal profession may not support retainer billing, multiple payers for a single matter and other complex billing arrangements. Firms should consider the importance of these functions to their practices before choosing a generic application. The ideal application will not only permit editing of pro forma invoices, it will also maintain a permanent version of the original so the attorney can compare the final bill with the actual hours worked. A hosted application should offer the same level of flexibility.
Some applications provide only one bill format.
Others offer a variety of templates for enhanced customization. Inc. All rights reserved.