Given ever increasing adoption of value-based fees, the Metrics and Analytics interest group has been working on changing the way we budget, measure and track the work done by abolishing the current UTBMS codes and replacing them with task codes that reflect discrete activities. This will allow us to scope, manage, evaluate and benchmark matter costs more effectively. This "straw man" task coding scheme, initially just for a defense of a product liability case, demonstrates the proposed approach. We invite comments by email to LawDepartmentOps@ACC.com and will consider them as we work to expand the coding scheme to additional matter types.
The information in any resource collected in this virtual library should not be construed as legal advice or legal opinion on specific facts and should not be considered representative of the views of its authors, its sponsors, and/or ACC. These resources are not intended as a definitive statement on the subject addressed. Rather, they are intended to serve as a tool providing practical advice and references for the busy in-house practitioner and other readers.
Some are essential to make our site work properly; others help us improve the user experience. By using the site, you consent to the placement of these cookies.
Hide this message