FAQ: How do I make a fee adjustment in a LEDES file?

When you need to make a fee adjustment to a LEDES (or Task Based Billing) file:

Create a new time slip on the matter.

Enter "WriteUD" in the Codes field. This step is important, otherwise the write up or down will not work:

Screen_shot_2011-06-03_at_3.06.01_PM.png

Enter a description such as "Fee adjustment".

Enter "1" in the Hours field.

Enter a negative amount for the amount you would like to adjust the fees down:

Screen_shot_2011-06-03_at_3.08.43_PM.png

These adjustments flow through to Timekeeper reports, so make sure to note Billed By person on the slip. You may want to assign the slip to a Firm timekeeper in order to not impact a single timekeeper.

As long as "WriteUD" is entered in the Codes field, the appropriate adjustment slip is created in the LEDES file with the appropriate fields filled out.

Have more questions? Submit a request

0 Comments

Article is closed for comments.
Powered by Zendesk