why OUR clients
and their LAW FIRMS
Why CEOs, CFOs &
In-House Counsel Like SIB
WE save OUR clientS money
SIB assures that attorneys only bill the client for the value received. If the amount billed exceeds the value delivered, SIB cooperatively work with the lawyers to adjust their invoices to the correct amount. Then SIB sends the client a rebate check for the savings, less a small, risk-free fee.
WE save OUR clientS time
SIB reviews every charge on every legal invoice, every month. Now, in-house legal and accounting teams don’t have to comb through mountains of time entries every month.
WE improve OUR CLIENTS' relationships with THEIR outside attorneys
Most of SIB’s clients have strong long-term relationships with their attorneys. That is precisely why organizations have SIB discuss the legal bills with their law firms: they don’t have to have those uncomfortable conversations every month. By removing the friction surrounding financial issues, both client and attorney can focus on the legal issues.
WE save OUR clients' internal resources
SIB sends the client one monthly statement of all legal bills from all its law firms. Then, the accounting staff only has to make a single payment for all legal bills, instead of making separate payments to numerous law firms, each with a different billing schedule, different format, and different payment-method options.
SIB’s service is invaluable, yet risk-free
If our clients' cost savings do not exceed our fee, we waive our fee entirely.
Why Law Firms Like Us
SIB gets law firms paid faster
SIB sends the client a consolidated statement of all its legal bills each month and the client forwards SIB the funds for payment to the law firms. Since SIB’s process repeats every month on a regular schedule, we facilitate fast and consistent payment to the law firms.
SIB follows up with the client to collect the funds for payment to the law firm
The attorney- client relationship is very important to SIB. If the client does not make timely payment, SIB will contact the client for payment. That means the law firm doesn’t have to worry about collections and doesn’t appear pushy to the client. SIB’s follow-up on payment from the client improves the attorney-client relationship.
SIB catches billing errors that UPSET clients
Sometimes the billing attorney misses a time entry that should not have been invoiced to the client. Clients may feel resentment towards this type of unjustified charge (and oftentimes won’t say anything), even if it was an honest mistake. SIB is a second set of eyes that helps the billing attorney to catch these mistakes and correct them, which is much better than the client finding them and assuming the worst. SIB’s involvement provides an atmosphere for a long-term relationship with their client’s law firms.
SIB never asks for a blanket discount or a discount on rates
SIB’s analysts are attorneys, so they know how to identify specific billing errors and support their claims with evidence. SIB also invites attorneys to respond with additional facts and the work product (which remains privileged since we are the client’s agent) to demonstrate that a seemingly high charge is justified by the circumstances. When that happens, SIB explains to the client that the charges equaled the value.
SIB helps ensure a long-term relationship with the client
Most of SIB’s clients have strong long-term relationships with their attorneys. That is precisely why they choose to have SIB discuss the legal bills with their law firms: so they don’t have to have those uncomfortable conversations about the bill every month. By removing the friction surrounding financial issues, both client and attorney can focus on the legal issues. And, by showing their willingness to reconsider any questionable charges, the law firms have the opportunity to prove their commitment to providing value to the client.
What Clients are Saying
BRIAN KERSEY | The H&K Group
Heavy Civil Contracting & Construction Materials
The transition to SIB Legal Bill Review managing our legal invoices and facilitating payment has been seamless. They have certainly made our life easier.