LiraDocs Billing for Workers’ Compensation

LiraDocs simplifies Workers’ Compensation billing by supporting contingency-based fees, disbursement tracking, and invoicing for firm expenses. Whether a firm is handling plaintiff claims (contingent fee structure) or defendant representation (hourly billing), LiraDocs provides a streamlined system for managing legal fees and settlement funds.

1. Plaintiff/Contingent Fee Cases

Even if legal fees are earned on a contingency basis (e.g., a percentage of the final settlement), LiraDocs helps firms:
✅ Track expenses related to the case.
✅ Generate invoices for firm costs (medical reports, filing fees, expert witness fees).
✅ Disburse settlement funds while maintaining clear financial records.
✅ Generate Profitability Reports to evaluate case value.

How to Handle Settlement Disbursement in LiraDocs

1. Deposit settlement funds into the matter’s trust account in LiraDocs.
2. Track and pay expenses:
   • Generate invoices for disbursements (medical fees, court filing fees).
   • Cut checks to the client, medical providers, and lien holders directly from LiraDocs.
3. Invoice for the firm’s legal fees:
   • Before withdrawing the firm’s share, generate an internal invoice for the contingency percentage and any advanced costs.
   • This ensures clear record-keeping and accurate financial tracking.
4. Generate a Profitability Report to analyze the firm’s earnings from the case.

💡 Example:
A law firm handling a workplace injury claim on contingency can invoice for medical reports and filing fees, disburse funds after a settlement, and generate an internal invoice for their contingency fee before withdrawal.

2. Defendant Representation (Hourly Billing & LEDES Billing)

For law firms defending employers or insurance companies, billing is typically based on:

• Hourly rates
• Fixed fees for case stages
• LEDES/UTBMS billing codes (for insurance defense work, if applicable)

How to Manage Hourly & Fixed Fee Billing in LiraDocs

1. Set the default hourly rate for attorneys and staff in the Billing Settings.
2. Track billable hours directly within the matter.
3. Generate invoices based on hourly work, flat fees, or milestone-based payments.
4. Export invoices in LEDES format (if required by insurance companies or corporate clients).
5. Monitor payment status and follow up on outstanding invoices.

💡 Example:
A Kenyan law firm defending an employer in a Workers’ Compensation claim can bill per hour or per case milestone. If working with an insurance company, they can use LEDES-compliant invoices for streamlined payments.

Why Use LiraDocs for Workers’ Compensation Billing?

✅ Accurate Settlement Fund Management – Easily disburse funds & track transactions.
✅ Expense Tracking – Ensure all case-related costs are billed before withdrawal.
✅ Customizable Fee Structures – Supports contingency, hourly, or fixed fees.
✅ Profitability Insights – Evaluate case profitability for better financial planning.
✅ Trust Account Integration – Manage settlement funds within the system.

With LiraDocs, Kenyan law firms can efficiently handle Workers’ Compensation billing, ensuring clear financial records and maximum profitability.