The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Oct. 12, 2010
Filed:
May. 03, 2004
Preston H. Abbott, Guilford, CT (US);
Patricia Anne Hussey, Old Greenwich, CT (US);
Carolyn Katherine Amone, Carmel, NY (US);
Prasanna Ramaswamy, Stamford, CT (US);
Ganesh Narayanan, Stamford, CT (US);
Janice Pearson, Stamford, CT (US);
Patricia O'brien-gilbert, Redding, CT (US);
Preston H. Abbott, Guilford, CT (US);
Patricia Anne Hussey, Old Greenwich, CT (US);
Carolyn Katherine Amone, Carmel, NY (US);
Prasanna Ramaswamy, Stamford, CT (US);
Ganesh Narayanan, Stamford, CT (US);
Janice Pearson, Stamford, CT (US);
Patricia O'Brien-Gilbert, Redding, CT (US);
GE Corporate Financial Services, Inc., Norwalk, CT (US);
Abstract
A method for tracking and approving legal expenses incurred by a business entity using a legal budgeting computer system is provided. The method includes creating a legal matter reflecting legal work to be performed by an outside counsel, creating a purchase order for the legal matter including a budgeted amount which is expected to be paid to the outside counsel for performing the legal work, receiving from the outside counsel an invoice, and prompting an account manager to designate a method of reimbursement for the invoice including at least one of paid at close, charge to good faith, charge to loan, customer to wire money, and a non-reimbursable charge to cost center. The method also includes submitting the invoice to an approval process, validating the approved invoice amount, paying the approved invoice amount, and automatically reconciling the approved invoice amount.