fee_item_disc_cred segment

fee_item_disc_cred segment - "All discounts, credits and Alternate Fee Agreement items applied to the parent fee line item. There will be 0 or more FEE_ITEM_DISC_CRED segments per FEE item. Note that the EXTEND_HEADER option was purposely omitted from this segment. "

Class Information

JSON JSON-LD OWL XML Markdown

Identification

Label (rdfs)
fee_item_disc_cred segment
Preferred Label
None
Alternative Labels
N/A
Identifier
N/A

Definition and Examples

Definition
"All discounts, credits and Alternate Fee Agreement items applied to the parent fee line item. There will be 0 or more FEE_ITEM_DISC_CRED segments per FEE item. Note that the EXTEND_HEADER option was purposely omitted from this segment. "
Examples
  • N/A

Translations

N/A

Class Relationships

Is Defined By
N/A
See Also
N/A

Additional Information

Comment
N/A
Description
N/A
Notes
  • N/A
Deprecated
False

Metadata

History Note
N/A
Editorial Note
N/A
In Scheme
N/A
Source
N/A
Country
N/A

Graph

fee_item_disc_cred segmentfee_item_disc_cred segment - "All discounts, credits and Alternate Fee Agreement items applied to the parent fee line item. There will be 0 or more FEE_ITEM_DISC_CRED segments per FEE item. Note that the EXTEND_HEADER option was purposely omitted from this segment. "LEDES XML E-Billing Ver. 2.2LEDES XML E-Billing Ver. 2.2 - LEDES XML E-Billing Ver. 2.2 is a standardized format for electronic billing used in legal practice, which includes various segments such as tax, expense, fee, and matter information, and is a child of the Standards Compatibility class.disc_cred_notedisc_cred_note - Identification of the discount or credit identified in the disc_credit field as "Other", using codes specified by the client.disc_cred_typedisc_cred_type - "Type of discount or credit, applied to the matter/invoice. Valid values are ""Percent"" and ""Flat"". If disc_cred equals ""MIDHR"" or ""Other"", disc_cred_type must be ""Flat"". "disc_cred_amountdisc_cred_amount - "The total amount discounted/credited against or additional charges incurred for this disc_cred. If MATTER_DISC_CRED.increase_decrease equals ""increase"", then this value is a positive number; if MATTER_DISC_CRED.increase_decrease equals ""decrease"", then this value is a negative number. I.e. ""-150.0000"" reflects a $150 decrease/reduction/write-down on the matter/invoice, ""150.0000"" reflects a $150 increase/charge/write-up on the matter/invoice. "discount_percentdiscount_percent - A percentage number expressing the percent discount applied to this matter/invoice, i.e. "0.15" reflects a 15% discount to the matter/invoice. This value is always a reduction to the invoice.disc_creddisc_cred - "The disc_credit field is used to track discounts and credits that the law firm may need to submit on the matter/invoice, and is structured in such a way that the segment supports many types of alternate fee arrangements. MIA - Matter/Invoice Adjustment - A flat adjustment (reduction or credit) applied at the matter/invoice level. MIB - Matter/Invoice Bonus - A bonus to be paid to the law firm on the matter/invoice. MICF - Matter/Invoice Contingency Fee - The contingency fee to be paid to the law firm on the matter/invoice.  A contingency fee in this instance is when the law firm is paid based on a percentage of the amount awarded to the client, usually in representing a plaintiff. MICM - Matter/Invoice Credit Memo - A credit memo, as requested by the client on the matter/invoice.  (In this case, it is the client who is processing the credit memo, not the law firm.  The credit memo represents a miscellaneous credit to the firm.) Note that a credit memo, as used here, is not the same thing as a Credit Note as used in INVOICE.credit_note. MIDB - Matter/Invoice Discounted Bill - Client receives a percentage discount assessed at the matter/invoice level.  Should have a maximum of one for fee items and one for expense items. MIDHR  - Matter/Invoice Discounted Hourly Rate - A discounted hourly rate applied at the matter/invoice level. MIFA - Matter/Invoice Funds Applied - Indicates the application of clients' funds or trust money to the total due on a matter/invoice. MIFF - Matter/Invoice is billed at a Flat Fee. MIR - Matter/Invoice Retainer - Used to bill a client for a retainer (an advance payment) to be paid to the law firm on the matter/invoice.  This could occur multiple times over the life of a matter. MISF - Matter/Invoice Shared Fee - Fee is shared with another client and the client only pays a percentage of the bill, applied at the matter/invoice level.  Should have a maximum of one for fee items and one for expense items. Other - Used to represent another type of AFA used by the client. "increase_decreaseincrease_decrease - Identifies whether the disc_cred results in increasing the cost of the matter/invoice (and is therefore a charge applied at the matter/invoice-level) or decreasing the cost of the matter/invoice (and is therefore a reduction applied at the matter/invoice level).file_item_nbrfile_item_nbr - "The item count of this data element in the invoice file submission. "sub_class_ofparent_class_ofsee_alsois_defined_byselfsub_class_ofparent_class_ofsee_alsois_defined_by