Tracking Expenses and Time Tracking Basics for Workers’ Compensation

AutoTime is a powerful tool for workers’ compensation firms. It helps law firms track time spent on matters, offering valuable insights into profitability. Whether you are representing plaintiffs or defending workers’ compensation cases, AutoTime makes it easier to manage your billable and non-billable hours.

Utilizing AutoTime for Workers’ Compensation Attorneys in LiraDocs

LiraDocs automatically tracks activities associated with matters. Depending on the billing type set for a matter, AutoTime will classify activities as either billable or non-billable entries.

Billing Type	AutoTime	Time Finder	Manual Entry
[Not Set]	Billable	Billable	Billable
Fixed Fee	Non-Billable	Non-Billable	Billable
Fixed Fee by Appearance	Non-Billable	Non-Billable	Billable
Time Based	Billable	Billable	Billable
Contingency (%)	Non-Billable	Non-Billable	Non-Billable
Contingency ($)	Non-Billable	Non-Billable	Non-Billable
Not Billable	Non-Billable	Non-Billable	Non-Billable

Expense Tracking for Workers’ Compensation Matters

In LiraDocs, you can track expenses for every matter in the Time & Expenses tab. You can also:

• Set up Activity Codes to categorize common costs and expenses, such as:
  • Medical records
  • Police reports
  • Witness fees
  • Postage
  • Filing fees
• Create a fixed fee entry for a percentage of the settlement agreed upon with each client, even for contingency-based fees. This is crucial for creating invoices through LiraDocs Billing and generating Profitability Reports.

Even if you choose not to use AutoTime, LiraDocs will automatically track activity for users. You can access detailed descriptions of all time spent on the matter if you need to file a Petition for Fees in court.

Activity Tracking Features

• Activity can be exported to a CSV format.
• You can view more than one month’s activity for an individual matter.
• Once the matter is closed and your firm’s portion of the settlement or billed time is collected, you can go to the Matter Insights section for a deeper look into the profitability of the matter.

Additional Resources

• Learn how to track settlement deposits, make trust payments, print checks, and provide invoices to the client that document your contingency fees and expenses.
• You can Print or Export Activity to provide a full list of all activities done for a client.
• You can also Add an Activity for any activity that was not automatically captured by LiraDocs.

This comprehensive system in LiraDocs ensures workers’ compensation law firms can efficiently track billable hours, expenses, and activities, giving them the tools to maintain profitability and streamline their case management.