Billing Codes
LEDES Codes are industry standard accounting codes for corporate legal billing which allow various accounting programs to interface with each other. The LEDES Codes have the same functionality with Collaborati as the way they behaved for Outside Counsel e-billing.
In Lawtrac, industry standard codes are listed first with their code number, description and type (Activity, Disbursement, Fee, etc.). By adjusting LEDES codes and processing rules, site administrators and super users can add a maximum amount of hours per invoice or fiscal year. Additionally, codes can be hidden from drop-down lists, blocked from Collaborati use, or require Collaborati use.