Compensation by Account
The Account method applies percentage-based compensation to:
Capital receipts/disbursements
Revenue receipts/disbursements
Care and management
You must also select a calculation method:
Assets only
Assets less linked liabilities
All values are entered as percentages and applied according to the selected calculation structure.
Compensation by Tier
The Tier method applies compensation based on asset value brackets.
Each tier includes:
A defined value range
A corresponding compensation percentage
This method is typically used when compensation follows a sliding scale based on asset value.
Choosing a fee type
The appropriate compensation structure depends on your firm’s standard practice, jurisdictional requirements, and court expectations. Default fee types are configured at the organization level and may be adjusted at the file level when necessary.