Paper billing to be a thing of the past.

The article reports on the radical plan of several major banks to abolish traditional billing methods in favor of electronic system that would give them real-time access to live transactions in the Great Britain. According to RBS deputy general counsel Chris Campbell, he is expecting all of his bank's main law firms to adopt the new system once it was introduced. ABN AMRO and Royal Bank of Scotland hope to move away from traditional paper billing.