LMS Flashcards
Block Billing
separate time entries (by timekeeper)
CMR
Client Matter Reference
Cost Image
scanned image of receipt for cost
Discount
billable time lowered by a predetermined amount
Ebill
electronic invoice
Family Code
a way to limit restricted words based on matter type
Flat Fee
flat amount per time entry
Flat Rate
fixed dollar amount for the entire matter
LMS
Legal Management System
SM/Task
specific time entry
Split Billing
Multiple payers w/ AR tracked by party
Split Differential
fees are split amongst parties, but costs are covered by one party only
Split Payor
Multiple payers w/ AR tracked by matter
Split Rate
an insurance company pays a percentage of fixed amount and the hot matter pays the full rate, less the amount paid by the insurance
UDF
user defined field