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Hard vs Soft Expenses - Europe and the U.K

Objective:

  • What is a Hard Expense?
  • What is a Soft Expense?
  • What is Disbursement? 
  • What is the difference between Expenses?
  • SRAs Code of Conducts effect on UK Expenses?
  • How to add an Expense?
  • What is Manage Category?
  • What are Hard and Soft Costs?
  • Europe
  • EMEA

Environment:

  • Clio Manage

Additional Information:

Answer:

Hard costs (Disbursements) are expense recoveries paid on behalf of a client to a third-party vendor (e.g. Court filing fees, translators, medical records).

A Vendor (e.g. Court) can be added to a Hard Cost by creating a 'New Contact' under 'Companies'. This is not a requirement but is advised as a best practice.

NOTE: Hard costs generally should not be charged VAT
 
Soft Costs are expense recoveries that are not directly related to a payment for a third party vendor (e.g. photocopies, postage).
 
 
 
 

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