LEGAL
Legal billing compliance
Detect potential deductions with AI-powered billing compliance and address them proactively at different points in the billing process. Increase realization rates and reduce time spent on pre-bill review.
Lost revenue
Time-consuming
Non-complaint invoices
Industry challenge
Law firms face revenue loss due to diminishing realization rates and lengthy WIP-to-cash cycles. Partners are burdened by hours of administrative drag to review pre-bills and appeal deductions, yet they still struggle to maintain compliance with Outside Counsel Guidelines (OCGs), resulting in suboptimal billing practices and strained client relationships.
HerculesAI for legal billing compliance
Verify leverages AI to ensure OCG compliance and significantly reduces the time needed to review pre-bills. Our LLMs handle the effortful task of reviewing all OCG billing rules, internal firm guidelines, and historical payment data to streamline the billing process. This thorough yet efficient process ensures that every line item on the invoices meets the necessary criteria for client approval. Verify allows legal professionals to focus on more strategic tasks and optimize for timely client invoices.
THE STATS
50%
up to 50% of potential deductions detected with AI
2x
faster pre-bill review
30 days
less than 30 days from pre-bill generation to invoice sent
KEY FEATURES
Assembly of LLMs are deployed within the firm's security perimeter to enforce OCGs and internal guidelines
Local, secure, and cost-effective AI
AI explains compliance issues and offers a fix with 1-click, improving over time with user input and rule library management
Adaptive and continuous learning
End-to-end support with finance system integration (Elite 3E, Aderant Export) with an advanced pre-bill editor that ingests submitted time and proformas
Seamless integration
Involve different individuals in the workflow such as the billing team, LLAs, or other timekeepers to support partners in billing compliance review
Collaborative workflows
Security for sensitive data
Hercules resides inside your existing systems on-premise or via private cloud to ensure that sensitive information stays secure, ideal for organizations that prioritize data privacy and compliance.
Flexibility to intervene at any point in the process
Bring AI-powered compliance to any touchpoint in the billing process--at time capture, after time submission, and during pre-bill review--empowering every timekeeper to revise time entries prior to review by billing attorneys.