LMS Flashcards

1
Q

Block Billing

A

separate time entries (by timekeeper)

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2
Q

CMR

A

Client Matter Reference

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3
Q

Cost Image

A

scanned image of receipt for cost

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4
Q

Discount

A

billable time lowered by a predetermined amount

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5
Q

Ebill

A

electronic invoice

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6
Q

Family Code

A

a way to limit restricted words based on matter type

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7
Q

Flat Fee

A

flat amount per time entry

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8
Q

Flat Rate

A

fixed dollar amount for the entire matter

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9
Q

LMS

A

Legal Management System

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10
Q

SM/Task

A

specific time entry

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11
Q

Split Billing

A

Multiple payers w/ AR tracked by party

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12
Q

Split Differential

A

fees are split amongst parties, but costs are covered by one party only

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13
Q

Split Payor

A

Multiple payers w/ AR tracked by matter

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14
Q

Split Rate

A

an insurance company pays a percentage of fixed amount and the hot matter pays the full rate, less the amount paid by the insurance

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15
Q

UDF

A

user defined field

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