What is the Split Compensation Report?

  • Updated
The Split Compensation Report is one of CARET Legal's advanced reports that allows you to see data by user for Matters where they are the Responsible or an Originating Attorney. (If a user billed for a Matter when they were not the Originating or Responsible Attorney it will not be included in this report).
 
To access the Split Compensation Report, click Accounting in the navigation bar, then select the Reports tab and select Compensation Reports under the tab bar or scroll down to this section.

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If your firm uses both Responsible and Originating Attorney fields please note that this report pulls the total of the invoices split up by Responsible Attorneys plus the total of the invoices split up by the Originating Attorneys.
Split Compensation Report

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Filters:

Use the filters under the tab bar to narrow down your criteria.

  1. Filter By Date - Select a Date or Custom Range to show only the invoices or payments that fall within the range.
  2. Attorney -  Enter or select from the list of users that have been selected to be a Responsible or an Originating Attorney of a Matter.
  3. Billing Type - Select or multi select from the  list of billing types for a Matter.
  4. View Payout Details - Slide the toggle to the right if you would like to be provided with the payout amount based on what is set on the Matter level.

Columns

The report is divided into the following columns:

  1. Attorney Billed - Total amount the specific user is invoiced for any Matter where they are a Responsible or an Originating Attorney. 
  2. Attorney Collected - Total amount the specific user collected on the line items that were invoiced and payment was applied to for any Matter where they are a responsible or an originating attorney.
  3. Matter Billed - Total amount that was invoiced for all the matters that the specific User is a Responsible or an originating attorney. 
  4. Matter Collected - Total amount that was collected on the invoices for all the matters that the specific User is a responsible or an originating attorney. 
  5. Responsible - Total amount that was allocated to the specific User from all the matters they are a responsible attorney for. The sum of their responsible rate for each matter times the total collected amount for that matter.
  6. Originating - Total amount that was allocated to the specific User from all the matters they are an originating attorney for. The sum of their originating rate for each matter times the total collected amount for that matter.
  7. Payout Amount - Some firms pay Attorneys a percentage based on what was collected for Matters where they are listed as the Originating or Responsible Attorney. This percentage is defined within the Matters' Advanced Origination options. For example, if Attorney A is set to be a 50% Originator with a payout of 10%, the payout amount equals 10% of 50% of the total collected for the Matter.

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