Introduction: Advent of information technology made revolutionary changes in the world. It also played its important role in the expansion and advancement of law firms for about two decade. It has changed the paradigm of legal sector by highlighting the need for change and technology that strength the used to make possible changes with the mutual working of cost professional and solicitors.
Current System: At current the masses of law organizations, forward their files to cost draftsmen for bills of cost. The cost draftsmen then extract information from the files and prepare detail assessment of bills of costs. The whole process is time consuming and expensive one for the client organization.
Effect on Current system: Software technology by the advent of IT sector assists in the preparation of the bill of legal costs by providing user friendly summary and complete bill with all the assessments without charges. Technology will help in splitting the bills of cost in to three major portions that includes stages, tasks, and activities. In the stages section, case evaluation, suggestions and directions, appealing and provisional requests, disclosure, trial groundwork and detailed assessment will be recorded. In the task part, synopsis including cost and payment will be prepared. In last section, detail preparations of individual activity of solicitor while the case is in court. All section must be focused in including accurate level of detail, right format and invoice of costs. If all this be recorded well then it will assist in preparing expenses budgets, reports of costs and most important E- Billing which now a days are in great demand by the corporate customers. Read the rest of this entry »