2017

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KCS - What is a Contingency Fee Billing Workflow in Clio?

Objective:

  • Plan out by Matter and Billing management for contingency fee billing
  • Efficiently handle fee collection and award disbursement in a contingency fee case

Environment:

  • Clio Web App

Additional Information:

  • Your specific workflow may vary from the one outlined in this article
  • Time entries added to Contingency Fee Matters are automatically marked down to $0

Answer:

New Clio

  1. Create the Matter, setting the Billing structure to Contingency fee
  2. Add relevant expense entries, notes, documents, etc. to the Matter
  3. When the court issues the settlement award, Update the Award on the Matter page
  4. Add trust funds, equal to the settlement award, to the Matter
  5. Generate a Bill for the Matter
  6. Pay the Bill from the trust account
  7. Disburse the remaining funds to the client
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