Legal Accruals video

Every firm asked, every reply read in whatever form it arrives, silent firms filled from budget and billing rhythm, and a month-end bridge where every bar opens the email, invoice or budget behind it. 1:15

What the film shows

Builds the month-end accrual of unbilled law firm work, for in-house legal and finance

Agents send each firm its estimate request and reminders from an approved template, read every reply in whatever form it arrives, fill silent firms from budget burn and billing rhythm, reconcile last month's estimates to the invoices that followed and propose top-ups for firms that keep under-reporting. Counsel confirm, the Head of Legal Operations approves, and the controller books.

Transcript

  1. Legal Accruals builds the month-end accrual of unbilled law firm work, for in-house legal and finance.
  2. Firm estimates miss invoices by twenty-six percent, and half the firms never answer.
  3. Isolde's bridge starts at September's three point one eight million, less what was invoiced.
  4. Twenty-seven firms replied, by email, sheet, portal or letter, each number cited.
  5. Four silent firms were filled from budget burn and billing rhythm, never zero.
  6. September's estimates missed by eight point four percent; two firms under-reported discovery.
  7. Counsel confirmed, Isolde approved the top-ups, and the bridge closes at three point four two million.
  8. Every dollar splits by matter, firm and cost center.
  9. The support pack reaches the controller on business day two.
  10. Built on Botminds: agents, data, screens and governance on one platform.

The narration as written for the film. Captions are on the player.