In today's legal landscape, law firms dealing with medium-to-large corporate clients understand the importance of utilizing LEDES 1998B format invoices as a crucial asset in their billing process. These invoices facilitate auditing procedures, making them an indispensable tool for efficient financial management.
The LEDES 1998B Legal Electronic Data Exchange Standard format, commonly referred to as the LEDES format, has emerged as the predominant choice within the US legal industry. This format's popularity stems from its ability to streamline invoicing processes and provide effective control over legal spending.
Note: However, the option to download an invoice in the LEDES 1998B format will only be available if you have enabled the usage of UTBMS codes in your time and expense entries. Additionally, all the fields within the invoice will be populated only after you have completed the necessary settings, as outlined in this article.
To proceed with downloading an invoice in the LEDES 1998B format, please follow these steps:
Open the desired prepared invoice in the "Invoices" section.
Click "More Actions" and select "Download LEDES1998" from the dropdown options.
Access the downloaded file to view the LEDES-formatted invoice.
By following these steps, you will successfully download an invoice in the LEDES 1998B format, ensuring compliance with industry standards and facilitating efficient financial record-keeping within your law firm.