|
Below is a chart that compares LCC to our competitors.
|
#
|
Features - Issues
|
Legal Cost Consultants
|
Accounting Firms
|
JDI
|
|
1
|
In business 15+ years
|
YES
|
Yes
|
Yes
|
|
2
|
Owned by accountant
|
YES
|
Yes and No
|
No
|
|
3
|
Custom software
|
YES
|
No
|
Yes
|
|
4
|
Dedicated staff
|
YES
|
Yes - Partly
|
Limited
|
|
5
|
Attorney review
|
YES
|
No
|
No
|
|
6
|
Review all vendors
|
YES
|
?
|
?
|
|
7
|
Fixed Fee - 2.5% only
|
YES
|
Yes + hourly
|
Yes
|
|
8
|
Speaker at Seminars
|
YES
|
No
|
?
|
|
9
|
Pay vendors directly
|
YES
|
No
|
?
|
|
10
|
No hourly fees
|
YES
|
No
|
?
|
|
11
|
Full-time programmer
|
YES
|
No
|
Yes
|
|
12
|
Reimb's calculated
|
YES
|
?
|
?
|
|
13
|
Instant recalcs
|
YES
|
No
|
Yes
|
|
14
|
Invoices scanned into software
|
YES
|
?
|
Yes
|
|
15
|
Full-time staff
|
YES
|
Yes
|
Yes
|
|
16
|
Regular check writing
|
YES
|
?
|
?
|
|
17
|
Over 50 reports
|
YES
|
No
|
?
|
|
18
|
Verify invoices
|
YES
|
?
|
?
|
|
19
|
Verify payments
|
YES
|
?
|
?
|
|
20
|
Client Accounts
|
YES
|
Yes
|
?
|
|
21
|
Separate bank accounts
|
YES
|
?
|
?
|
|
22
|
Hours 8:30 - 5:30 Pacific Time
|
YES
|
?
|
?
|
|
23
|
Represent over 100 insurers
|
YES
|
?
|
?
|
|
24
|
Located in So. Cal.
|
YES
|
Yes
|
No
|
|
25
|
Extensive accounting experience
|
YES
|
Yes
|
No
|
|
26
|
Dedicated CD employees
|
YES
|
No
|
?
|
|
27
|
Automatic S.I.R. accounting
|
YES
|
?
|
?
|
|
28
|
Custom reports when requested
|
YES
|
No
|
?
|
|
29
|
Email or call late payers
|
YES
|
?
|
?
|
|
30
|
Basic charges
|
2.5%
|
2.5%
|
2.5%
|
|