Fee Allocation Settings

This sets the system default for how fees are allocated on matters.

The Pro-rate option distributes fee allocation based on how it was entered. If a timekeeper's fee entries account for 50% of fees, they are allocated 50% of the fee amount on a bill.

The All to Responsible lawyer option ensures that ALL fees are allocated to the Responsible Lawyer participant.

Selecting the Edit fee earner fee income accounts button launches the Edit fee earner fee income accounts screen.

Here, specific GL accounts can be designated for specific fee earners. To select a fee income account, it must first be created in the accounts list. See Add a General Ledger Account

Designating a specific fee income account can be useful for GL reporting so you can see the exact fee allocations each timekeeper has received using the Account Entries Report

Determines how fees are allocated for this specific matter.

Additional to pro-rate and all to responsible lawyer settings, a selected fee earner can be selected to receive all fee allocation.

Determines how adjustments to fees are allocated.

An adjustment to an invoice is an increase or reduction in the fees that are being charged when compared to the WIP on the invoice.

This field lets you choose how that reduction or increase in fees should be allocated. You can choose to allocate them to the responsible lawyer (used when the gains or losses on an invoice can be attributed to the responsible lawyer), allocate to a selected fee earner, or have it based on original fee split (pro-rate).

For example, if you use the 'Based on original fee split' option on an invoice in which 3 fee earners recorded $1000 each of time and had a $300 discount, then each fee earner contributed one third each so the discount will be divided by three and applied to each. In this case, each fee earner will get a total fee allocation of $900.

The percent of fees allocated to the originator fee earner.

However allocation is set, the selected originator is allocated the defined percentage of total fees to be allocated before another allocation is calculated.