The LEDES Oversight Committee is pleased to announce the ratification of a new Mergers and Acquisitions UTBMS code set.

The new code set was originally proposed by a task force on legal project management within the ABA M&A Committee in 2015.

The final code set ratified by the Board of the LEDES Oversight Committee in February 2016 represents a joint effort between the ABA M&A task force and the LOC M&A UTBMS Standards Development Subcommittee and includes input from law firms, corporate legal departments, legal technology vendors, and consulting firms around the world.

The codes are available here.

The LEDES Oversight Committee (“LOC”) has endorsed the new UTBMS Litigation Code-set for use in England and Wales – the EW-UTBMS J-Code-set.

Created by the Jackson Steering Committee for use within the judiciaries of England and Wales, the release of these codes marks the first stage in the Steering Committee’s objective to develop a new model-form ‘Bill-of-Costs’ for use by the courts in assessing costs to be awarded in litigation cases.

More information on this standard is available here.

The LEDES Oversight Committee is pleased to announce endorsement of the Yerra Solutions Knowledge Management Expert Group UTBMS Code Set for the knowledge management discipline.

The KM Code Set represents an exciting new direction for UTBMS. While KM services may be provided by external law firms or more possibly by external consultants, it is more likely that KM services are provided for a law department or law firm by internal resources. By tracking time spent on KM activities, the codes will facilitate benchmarking of KM activities against other organizations.

If you are interested in the Knowledge Management discipline and would like to join the global expert group, on LinkedIn look for Yerra Solutions Knowledge Management Code Set Discussion Group.

The LOC congratulates the participants of the Yerra Solutions Global Knowledge Management Expert Group for their fine work and future vision.

Welcome

Welcome to the UTBMS blog.  This blog will serve as a clearinghouse for information on UTBMS as reported by the media.  If it is newsworthy and about UTBMS, you should find mention of it here.