Scale
Billing scales play a crucial role in managing charge-out rates within a law practice. These scales help establish different hourly rates for various types of work and clients, ensuring a structured approach to billing.
Definition and Function
A billing scale defines a set of rates for members and fee earner types. These rates assign value to time records, ensuring accurate billing.
Customisation and Control
Billing scales can be customised to suit different needs. They allow for the creation of default scales, which are automatically applied to new instances of the software. Each scale has a unique name and can be toggled on or off as required. This feature ensures that only active scales are used in billing matters.
Member-Specific Rates
Within a billing scale, specific rates can be assigned to individual members. This is particularly useful for categorising rates based on experience levels or roles within the practice. Billing scales can also set a maximum allowable rate for members, preventing overcharging.
Effective Dates and History
Different rates may apply during different periods. The "rates as at" date on matters determines which period to use. ContactsLaw stores a full history of any changes made to billing rates, allowing for the setting of effective and expiry dates.
Disabling Unused Scales
When a scale is no longer needed and no new rates are defined, it can be marked as disabled. This prevents new quote templates, quotes, and invoices from using the scale.
Preferred Scales
A preferred scale can be nominated for a particular subscription, causing the scale to be suggested by default.