13 Guys Named Ed Seeks to Alleviate Age-Old, Universal Headache: Timekeeping

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Understanding the notorious pain associated with billing for bankruptcy law firms, 13 Guys Named Ed strive to solve the problem and change the face of legal billing.

For ten years, Jeff Juszczak routinely pointed to a computer monitor and proclaimed, “This will be the worst part of your job. Be prepared to hate it.” As the Director of Information Technology at a mid-sized corporate insolvency and restructuring firm, Mr. Juszczak was in charge of technology orientation for all new hires, and that was the line that he leveled at them when it came time to discuss timekeeping.

“Time entry was a universally reviled activity,” Juszczak recalled. “Everybody hated it out loud, so it was routinely put off until the last minute, which made the whole thing even worse. Then the billing department had to chase everybody down and beg people to record their time. The 23rd of each month was a nightmare for everybody.”

Compounding the typical “I’ll-do-it-later” attitude associated with time entry, bankruptcy firms are faced with increasingly stringent regulations imposed by The Department of Justice’s U.S. Trustee Program. Under the program’s guidelines, invoices are subject to the scrutiny of fee examiners who may be charged with uncovering subtle inconsistencies. In the event of such inconsistencies, the fee in question could be thrown out in toto, costing a firm considerable revenue.

When Juszczak’s firm closed its doors in April of 2011, he saw it as an opportunity to address a neglected need. He recruited a life-long friend—a freelance designer from Chicago—and together they formed 13 Guys Named Ed LLC, a company devoted to high-quality web application development. Their first product, MatterCode, due out in early 2012, hopes to ease the notorious pain points associated with time entry, specifically in the arena of bankruptcy law.

“The collaborative aspect of MatterCode is what sets it apart from other timekeeping software. For example, if several people attend the same meeting, only one entry is required, and that entry automatically propagates to each individual participant. The idea is to not only save time, but to increase continuity and accuracy. I don’t think any other timekeeping software does anything like that.”

13 Guys Named Ed LLC (http://www.13gne.com) was founded in May of 2011 by Jeff Juszczak and Jason Katzwinkel in Safety Harbor, Florida. Their first and primary product, MatterCode, can be found at http://www.mattercode.com.


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Jason Katzwinkel

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