NewswireToday - /newswire/ -
New York, NY, United States, 2014/04/23 - LSG, the leading software application and business process outsourcing company is pleased to announce that Philip D. Knight- Domain Director has been elected to the LEDES Oversight Committee Board - LSG.com.
At the recent board meeting it was agreed that he will serve in the role of Regional Director, the position previously held by David Nelson. Philip has served as an LOC member on several sub-committees including UTBMS activity and Expense Code Revision, UTBMS E-Discovery, UTBMS Timekeeper Classifications. Currently he is also involved in the Knowledge Management Code Set sub-committee.
The LEDES® (Legal Electronic Data Exchange Standard) Oversight Committee (“LOC”) is an international, voluntary; not-for-profit organization comprised of legal industry representatives and is charged with creating and maintaining open standard formats for the electronic exchange of billing and other information between corporations and law firms. The LOC is dedicated to using open standards which cater to no one organization or group of organizations but uniformly satisfy the complex needs of the legal industry based on 5 basic principles: keep it simple; make it unambiguous; diverge from existing formats as little as absolutely necessary; only ask for information the law firm is typically able to provide from their financial system; and meet the needs of corporations, law firms and legal industry software vendors to the maximum extent possible consistent with the first four criteria.
“I am delighted for the opportunity to serve on the Board of Directors and look forward to contributing to the ongoing success and promotion of LEDES” said Philip, on his appointment. He added,“The LOC has been pivotal in the creation, improvement and adoption of standards that benefit the legal industry.”
Chief Executive, Gary R. Markham, remarks “LSG is very proud to have Philip Knight appointed to the LEDES Oversight Committee Board. Phil has been working alongside the LOC for many years and has driven many initiatives, as well as working with many sub-committees on key LEDES and UTBMS initiatives. LSG also contributed its work on the international UTBMS litigation code set descriptors, which it produced in the early 2000’s. These codes are now used in over 60 countries worldwide.
Phil will add a lot of valuable contributions to the LOC Board, given his years of experience, in and around the E-Billing and Litigation Management space. Phil is ideally placed to help the LOC Board navigate an ever-more complex E-Billing world, given the impending Lord Justice Jackson codes in the UK, as well as many taxation and regulatory pressures that may affect the LEDES/UTBMS standards.”
LSG (lsg.com) is a leading ISO 9001:2008 software application and business process outsourcing company with a global network of offices in Europe, North America and Asia-Pacific. It specializes in the areas of procurement, vendor and litigation management. The company delivers sustainable and demonstrable financial and business benefits for its clients via proprietary applications and support solutions. These solutions enable electronic procure-to-pay engagements to be facilitated in the general insurance, captive, claims, legal, banking, finance, mining, construction and energy industries. LSG serves clients in more than 70 countries.