The Compensation Report was designed to calculate how much revenue is being allocated to users in your firm within a time period or a distribution. It works by using the allocation values which your firm sets at the Reports Settings level, as well as any overrides your firm has set at the matter level, to calculate compensation from payments recorded to invoices made in LeanLaw.
This article will show you how to access the report and explain its values. For information on configuring the allocation settings which affect this report, click here.
Finding the Compensation report
Any user with the Revenue by Attorney Report user permission can find the Compensation report in the Reports page.
1. Select Reports
On the main navigation bar, click Reports to open the Reports page.
2. Select Compensation
On the Reports page, beneath the heading “By User” click Compensation (Revenue by Attorney) to open the Compensation report.
Understanding the Compensation report
The Compensation report combines the allocation details of all payments recorded for all matters in your firm. From the left side of the page, you can also choose whether this data is filtered by Time Period or by Distribution (if your firm has created any distributions).
The report will break down the following allocation values, if they've been configured:
Worked: The sum of pre-allocation revenue collected from the user’s work. These values come from time entries and fixed fees which were assigned to the user.
Worked Share: The amount allocated from collected payments to the user based on Working allocation percentage.
Origination: The amount allocated from collected payments to the user for being designated as an originator on a matter.
Responsible: The amount allocated to the user for being designated as responsible for a matter.
Total: The amount allocated to the user from all sources of revenue, including Share, Origination, Responsible, and custom fixed fee allocation.
Expenses: The amount from collected payments that is allocated to reimbursing expenses. Expenses will only show up to the right of a user’s name if that user was assigned to the expense. Expenses that weren’t assigned to a user will contribute towards Unallocated Expenses, in the Non-Attorney Revenue table.
If your firm has any taxes, or any unallocated services or expenses, you'll see a second table in the Compensation Report called Non-Attorney Revenue:
Unallocated Expenses: The amount from collected payments that came from expenses with no user assigned.
Unallocated Services: The amount from collected payments that came from services with no user assigned. This includes fixed fees and, if your firm uses them, administrative fees.
Tax: The amount from collected payments that your clients paid in tax. Tax must be configured in QuickBooks.
Assigning Non-Attorney Revenue
If you see values in the Non-Attorney Revenue table that you think shouldn't be there, the Compensation Report can help you assign those values to a user, even after the invoice has been collected.
Clicking Non-Attorney Revenue will open the Unallocated Revenue report, telling you exactly which clients and matters have unassigned expenses or fixed fees. You can then use those names as a reference to find the fixed fee or expense in the product and assign it to a user.