CT TyMetrix, a provider of web-based management services, hasupdated its electronic billing program with the addition ofbudgeting and forecasting features. TyMetrix 360's enhancementsallow companies to better estimate and track outside counselexpenses.

“Creating and managing budgets is essential for completelitigation management,” said Kurt Swanke, senior product manager atCT TyMetrix. “Many management factors are reliant upon efficientbudgeting, including the selection of appropriate counsel, use ofeffective plans of action, and expense control disciplines.”

The program provides users with pre-configured templates, basedon their departmental structures, that can be used to createbudgets for individual matters and law firms. Once created,financial information can be sorted by line item, fee and expense,task code, or phase. A history of every budget is stored, allowingcompanies to compare previous budgets to each other or againstcurrent budgets.

More information is available at www.ctadvantage.com.