Billing Q&A: Fee Compensation Rules

April 2020    Tags: ,

We have an attorney that will be receiving 15% of all receipts collected by paralegals on a certain client. Is there a way to set this up in Tabs3?

Fee compensation rules can be set in place to automatically allocate defined percentages of receipts towards timekeepers.

To set up Fee Compensation Rules

  1. From the File menu, point to Open and select Client.
  2. Select the desired Client ID.
  3. From the Setup tab, in the Payment Settings section, click the Fee Compensation Rules button.
    1. Click the New button.
      1. In the Compensation Information section:
        1. In the Timekeeper field, select the timekeeper that will be receiving the 15%.
        2. In the Will Receive field, enter 15.00.
        3. In the % of Receipts Taken from field, select each of the applicable timekeepers, or select the Paralegal level.
      2. Click OK.
    2. Click Save Rules.
  4. Press Ctrl+S.

New or changed fee compensation rules will not apply to payments that are already allocated. If you want new or changed fee compensation rules to apply to a previously allocated payment, you must manually reallocate the payments or delete them and reenter them after the fee compensation rules have been added or changed.

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