# disc_cred

**IRI:** https://folio.openlegalstandard.org/RW4mSymHgCQUaRsE9qZXce

## Labels

## Definition

"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.
"

## Sub Class Of

- https://folio.openlegalstandard.org/R9JDOjlrvV3jFpUOQu9WGhP
- https://folio.openlegalstandard.org/RByhWBQBS3KV6tj8TwFXRPd
- https://folio.openlegalstandard.org/RRd84bRRbTvy2WWd1k4wT4

**Deprecated:** False