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RFP: Legal Fee and Expense Auditing Services The NYLB is seeking a qualified Bidder to provide customized legal fee and expense processing and auditing services with application/software and supporting services. The Services must provide a webbased application or software for the electronic receipt and review of legal fee and expense invoices from law firms retained by the NYLB, and the implementation of the application within the NYLB’s operations. To the extent available, Bidders may propose services for manual bill auditing, including challenge and appeals process, implementation and support, metrics and analytics, and other solutions to better understand and manage legal performance and expenses on insurance defense claims in an efficient and cost-effective manner. The estimated per year related business size is 5,000 invoices with a billing value of $6-7 million from 140 different law firms. Potential bidders interested in scheduling a Q and A session with the NYLB may submit a request to Compliance@nylb.org. The deadline to submit a request is June 28, 2024.
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