Lawtrac Savings Report 

The ‘Lawtrac Savings Report’ allows you to quickly view the invoice adjustments made and the non-compliance issues submitted by your Law Firms/Vendors; thus resulting in monetary savings to your Legal Department. 

1. Enter the between dates as needed and select the Date filter desired, Based On:

• Date Recorded
• Invoice Date
• Period From
• Period To
• Date Approved
• To Accounting
• Date Paid

2. Select Matter Records Which Are: Open, Closed, or choose all by selecting Open/Closed
3. Select a specific Law Firm or leave Any / All selected to get all Law Firms

4. Select the Savings Type to report on, see detailed description of each below sample report:

• Law Firm / Vendor Adjustments -- Total of all savings based on “Non-compliance with Billing Guidelines” and “Legal Department Adjustments”
• Non-compliance with Billing Guidelines -- Rules are violated, examples include:
  • Exceeding the timekeeper’s approved rate
  • Adjustment for late reporting (you can set penalties for reporting of worked performed months prior to the invoice’s submission date)
  • Designate Specific Words/Phrases that are not allowed due to billing guidelines…if they are used Lawtrac automatically reduces the line amount)
• Legal Department Adjustments -- When an approver is reviewing an invoice and determines the charge is incorrect, examples include: Excessive time, Unauthorized Work, Inappropriate Staffing, etc.

Sample Report:

Based on “Invoice Date” for all “Open/Closed” matters for all Law Firms and it details the “Law Firm / Vendor Adjustments”.