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Technology: A proposal for better budgeting and tracking

Combining litigation management software and firm billing software would optimize across-matter tracking and comparison.

Litigation budgeting and litigation billing live in two different worlds. Maybe it is time to bring the two together.

A typical budget plans for the major efforts along with an anticipated cost for each. For example, using round numbers, a budget might include a line item for 10 anticipated depositions at an expected cost of $5,000 each for defending and $15,000 each for taking.


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Todd Flaming

Todd Flaming is a founding partner of KrausFlaming LLC in Chicago.

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