Create Templates for accounts
law firms want to allocate costs
between attorneys who work on a
matter, but found it time consuming
because they had to enter the initials
of each attorney in the firm for
allocation on every account. Not
any more! Verdict 10 lets you create
Templates for accounts. Create a
Template. Enter the initials of
every attorney in the firm for allocation.
One time! Then use that template
to create all your new accounts.
You can create as many templates
as you want in Verdict 10.
- so many new choices
10 gives you power over your bills.
First, you have three sort orders
for account lists and printing.
You can sort in Account Number order
and print in Account Number order.
You can sort in Sort Name order
and print in Sort Name order. Or
you can sort in Sort Name order
grouped by Sort Name and print Summary
cover bills and bills for the clients
all at the same time.
can make custom lists of accounts
if you desire. By default, Verdict
creates many account lists for billing:
Accounts - Monthly
Active Non-Trust Accounts
Active Trust Accounts
Accounts - Monthly
Accounts - Quarterly
Accounts - Monthly - Non Trust
Accounts - Monthly - Trust
- May, Aug - Nov Quarterly Accounts
- Apr, July - Oct Quarterly Accounts
- June, Sept - Dec Quarterly Accounts
Held for Anything
can create your own lists and, for
example, stagger billing in the
firm by creating a different account
list for each attorney, with entry
lists through different date ranges.
The first attorney's billings could
be from the 25th of the prior month
to the 24th of the month. The second
attorney's billing could be from
the 27th of the prior month to the
26th of the month. And so forth.
Then it's automatic to generate
bills each month on a staggered
basis. If you don't want to use
lists, you can use Quick Print and
insert as many accounts on the list,
as you desire. Earlier versions
of Verdict 8 only allowed one account
in Quick Print. Verdict 10 allows
you to enter as many accounts at
once as you want.
of you have asked for a summary
on the first page of the bill. In
Verdict 10, choose the option to
Print Client Summaries for clients
for whom at least one account is
printing. You will get page 1 with
a summary, then page 2 and 3 or
more with the itemized bill.
firms only want the footer on the
last page of the bill. That's an
option in Verdict 10. Other firms
want to be able to print the bills
once in the format chosen at account
level for the bill and then print
another set of bills using a different
format. In Verdict 10 you can override
the bill format and choose any other
format when you print the bills.
law firms missed the feature in
the dos version of Verdict which
let you override the itemization
on the bill with a narrative summary
description. That's in Verdict 10,
too. Just choose the option, then
click the Summary tab and enter
the narrative you want to use. The
itemization stays in the system
- you can always print a fully itemized
bill - but you can send the client
a bill with just a narrative paragraph
summary description in place of
the itemized services.
10 handles Ledes bills, producing
files in the ledes 98b format which
can be submitted electronically
to your Ledes service provider.
Entries screens allow you to enter
the ABA Task Code and Activity Code
for each service and the Task Code
for each expense. The Expense screen
allows you to enter the Quantity
(number of units) and $ amount for
each unit, as required by the Ledes
on the Bills screen, you make a
list of all accounts for which you
need Ledes bills, choose the LEDES
format and enter a summary description
for each Ledes bill. You also enter
the Start Date and Stop Date for
the bill. In Verdict 10, if you
enter a generic summary that can
be used for all the Ledes bills,
you can click Fill All Summaries
and have Verdict automatically use
the same description for each Ledes
bill. If the Start Date and Stop
Date are the same for each Ledes
bill, you can click Fill Dates and
have Verdict automatically fill
in the dates for each Ledes bill.
When you click the Print button
to print Ledes bills, a separate
file is generated for each bill
and put in a subdirectory of your
choice, i.e., C:\ledes.
End Close offers new control
now have the ability to close out
a month through a specific date.
This give you much greater control.
Entries posted for the new month
will not be used to determine fee
allocation; they will not be collected
for the General Ledger ahead of
time; and Time and Expense summaries
will not collect time for the new
month that hasn't been reviewed
and edited yet.
Verdict 8, you could not post costs
and payments for a new month before
you closed the month because those
entries would be considered in fee
allocation and also sent to the
General Ledger. Entries posted for
the new month were collected for
the Time and Expense summary for
that new month. Then at the end
of the next month, the balance of
the time for the new month would
be appended to the already collected
10 gives you control by allowing
you to close out through a date
you enter - the last day of the
month. Only entries though the close-out
date will be used for fee allocation,
sent to the General Ledger and collected
for summaries. This allows you to
post costs and payments for the
back the month!
wonderful feature in Verdict 10
is Roll Back. You can roll back
to a prior month and correct mistakes
for any month closed out with Verdict
10. When you use Roll Back, the
month end Time and Expense and Billing
Summaries are undone, the data sent
to the General Ledger is reversed
and the Fee Allocation is undone.
This lets you correct mistakes and
redo month end. This ability to
roll back solves the following problems:
posted a $5000.00 expense as $50,000.00
and closed out the month. Now
it's on month end summaries. And,
if you have the General Ledger,
sent to the General Ledger. Plus
used in determining Fee Allocation
if you allocate to costs.
marked one attorney's accounts
billed but forgot to mark the
other two attorneys' accounts
billed. Then you closed the month.
Billing Summaries are wrong.
marked the accounts billed using
the wrong billing date - say,
2010 instead of 2001 - and closed
out the month. Now interest won't
be charged until 2010 and you
don't have summaries for the current
month. They are for 2010.
Verdict 8, you could reload a
backup and fix everything. But
what if, before you discovered
the mistake, you posted two weeks
worth of data? When you reload
a backup, you cover up all the
new entries you made since you
closed out. Or what if you didn't
make a backup?
Verdict 10 solves the problem. Roll
back to last month. Make your corrections.
Redo month end. Everything is fixed.
You can roll back many months, one
at a time, if desired. Any month
closed out using Verdict 10 can
be rolled back.
are more reports in Verdict 10,
and revisions to existing reports:
Revenue by Source of New Business.
This report shows you total dollar
value of services, total hours,
total hypothetical charges, total
service adjustments, total expense
and total Payments for any date
range. And for one attorney, if
Register by Account. You see services
not grouped by day, but grouped
by Account, so you see all services
for an account for any date range.
Then the next account and all
services for it. You can print
for one timekeeper if you desire.
Productivity Report For each timekeeper,
his total dollar value of services,
total hours, total hypothetical
charges, and total service adjustments
on each attorney’s accounts for
any date range you select. Two
reports. Grouped by Responsible
Atty. lists work by each timekeeper,
with totals for the Responsible
Atty. Grouped by Timekeeper lists
timekeeper’s work for each responsible
atty., with totals for the timekeeper.
Current Balance Report. Ability
to enter cut-off date, to only
include entries through the cut-off
Entries Report. Ability to enter
cut-off date, to only include
entries through the cut-off date.
Registers of Billed Entries. Billed
services, billed expenses, billed
payments and billed adjustments.
Same as posting registers now
except only showing Billed entries.
Registers of Unbilled Entries.
Unbilled services, unbilled expenses,
unbilled payments and unbilled
adjustments. Same as posting registers
now except only showing Unbilled
Account Report. Now shows outstanding
unrecovered costs that have been
billed for each account, with
total outstanding billed unrecovered
costs at bottom of report.
Accounts Lists. Option to modify
accounts or entries lists to specify
criteria, such as to only include
active accounts (exclude inactive
End Summaries. Include column
for interest for month or time
Category of Practice Summaries.
For each category of practice,
total services, total hours, total
hypothetical charges, total service
adjustments, total expenses and
total payments for any date range
your select. Three reports: Work
done by entire firm, work done
by timekeeper, or work done by
to enter a second header line
for all reports, to further describe
the options you picked for the
Trust Report. Shows beginning
balance, disbursements, receipts
and current balance for each trust
account, with totals for all trust
10 requires a Windows computer -
Windows 98/NT/2000/Me/XP or Windows 7. Bills
can reports can be printed on any
Windows-compatible laserjet or inkjet
printer. You need a minimum of 128
megabytes of RAM. Monitor resolution of 800x600
or higher. Standalone (single-user)
and Multiuser versions are available.