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What are Billing Preferences?

Objective:

  • Billing
  • Rates
  • Hourly Rate
  • Flat Fee
  • Contingency Fee

Environment:

  • Clio Manage

Additional Information:

Contingency Fees are only available to Boutique and Elite subscription plans

Answer:

  • An Hourly Rate allows you to record Time Entries with a Client, Matter, and Activity specific rates. 
  • A Flat Fee will automatically create a Time Entry and bill for the flat fee and tracks your time at a $0.00/hr rate.
  • A Contingency Fee option will allow you to specify a contingency fee percentage and the award or settlement amount won at the completion of the case. You are then able to generate a bill to provide to your client and you can receive payment from the award in trust. 

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