What are the different Billing Types?

  • Updated

Multiple options to bill Time Entries created in CARET Legal can be found in the Billing Type field.

  1. Navigate to the Matters section, select a Matter No to open the Matter Details.

  2. Click the Options tab and scroll down to the Billing Type field under the Billing Options.

    BillTypes.png

Below are descriptions of the options of how Time Entries are billed:

  • Time-Based Only - Billed at the rate set up for your User Rates, Matter Hourly Rate, or Rate Card. See Rate Hierarchies here: What is the Hierarchy of Billing Rates?

  • Contingency Based Only - Defaults to NCDS (No Charge Don't Show ), which can be used for internal tracking. NCDS Entries will not be considered WIP and will not populate on an invoice. The contingency fee can be added as a Flat Fee/Service.

  • Flat Fee Based Only - Defaults to NCDS, which can be used for internal tracking. 

  • Not Billable - Defaults to NCDS, which can be used for internal tracking.

  • Time & Contingency Based - Defaults to the same as Time-Based. If NCDS or No Charge is needed it will be manually selected.

  • Flat Fee & Contingency Based - Defaults to NCDS, which can be used for internal tracking.

  • Time & Flat Fee Based - Defaults to the same as Time-Based. If NCDS or No Charge is needed it will be manually selected.
     
  • Administrative - Defaults to "Admin." Admin entries do not generate invoices similarly to NCDS, but are categorized separately on your Timekeeper Productivity Report.



 

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