MoraeSpend Intelligence
Financial Services edition

Invoice 2026-3312 · Firm K

Matter REG-2026-0077Leverage drift5th invoice on matterConduct regulator inquiry · consumer lending disclosures · London · 1–31 Aug 2026 · LEDES 98BI · received 9 Sep · age 24 days
Billed
$184,600
Total to pay
—
RejectApprove & next
Auto-appliedSpecialistYour decisionCompliant 31
DateTimekeeperNarrative and findingUnitsRateTotal
12 AugJ. Partner
Partner · 21 yrs
Advice on regulator's information request; strategy call with general counsel. Rate
OCG-1.2 approved rate. Billed $1,250/h; approved $1,100/h on rate card v2026. Reduction $1,500 applied automatically. Confidence 0.99.
10.01,250 1,100$12,500
14 AugA. Senior Associate
Senior associate · 7 yrs
Review of document production set; prepare privilege log; draft cover letter to regulator; team meeting; research on disclosure standards. firm C300 → model C200 / A104+A103 · 0.90 Block
OCG-4.1 block billing. Five tasks in one entry. Specialist allowance from 96 comparable entries (median 9.5h): 10.0h of 15.0h. Confidence 0.90.
15.0 → 10.0950$14,250
15 AugN. Associate
Associate · 1st year
Document review, batch 14. firm C300 → model A110 · 0.96 First-year
OCG-2.4 first-year associates. First-year associate time is non-billable under the guidelines; batch review should be legal-tech or contract reviewer. Reduction $6,800. Confidence 0.98.
17.0 → 0400$6,800
16 AugA. Senior Associate
Senior associate · 7 yrs
Review regulator correspondence; prepare response outline; attend to filing. Block
OCG-4.1 block billing. Three tasks; filing is clerical. Allowance 4.0h of 6.0h. Confidence 0.87.
6.0 → 4.0950$5,700
16 AugP. Paralegal
Paralegal
Bates numbering; load files to review platform; index. firm C200 → model A110 · 0.97 Clerical
OCG-2.6 clerical. Bates numbering and loading are non-billable or legal-tech vendor tasks. Reduction $2,250. Confidence 0.97.
9.0 → 0250$2,250
18 AugJ. Partner
Partner · 21 yrs
Attend regulator meeting with A. Senior Associate and B. Partner. Your decision
OCG-5.2 duplicative attendance. Three timekeepers at the regulator meeting. Engagement letter allows two partners for meetings with the enforcement division; this was a supervision meeting. Confidence 0.57. Recommendation: accept one partner and the senior associate; reduce the second partner.
Ask the firm
5.51,100$8,250
21 AugJ. Partner
Partner · 21 yrs
Legal research on extraterritorial application of disclosure rules. firm C300 → model C300 / A102 · 0.87 Your decision
OCG-6.1 excessive time. 14.0h against a comparable median of 6.2h (n=52). No pre-approval for research above 8h (OCG-6.3). Confidence 0.71.
14.01,100$15,400
19 AugA. Senior Associate
Call with regulator case officer regarding production timetable. Compliant
0.8950$760
Showing 8 of 36 fee lines · flagged first · Show compliant lines
Vendor note (drafted, editable)
Firm sees rule text, evidence lines and comparables, not reviewer identity.
Firm K on this client
Rejection rate, 12 months11%Reductions reinstated on appeal10%Partner share trend18% → 36%Rate card 2027Pending since 1 Sep