Price templates

You can create price templates in Legalsense to keep separate lists of rates and apply them to one or more clients or matters. These price templates can be found under 'Settings' - 'Lists' - 'Price templates'. Suppose that you want to work with different default rates for matters linked to a specific practice group, you can create a separate price template for that practice group. For matters linked to that practice group this price list can be chosen.

Fallback template (available as of Legalsense version 21.07)

A fallback template is a price template to which the rates of the client, the matter or another price template fall back on if no value is entered for, for example, a timekeeper or function. Example: If you have created a general USD price template with rates per user and you want to enter a different USD rate for a timekeeper on a matter, you can select a pricing scheme of 'Rate per user' for that matter and select the general USD price template as the fall back template. In that case, you only need to enter the deviating rate for the relevant timekeeper.

A price template itself can fall back to another template as well. However, the fallback template must have the same pricing scheme as the new template or as the client or matter. So if you want to enter different function rates compared to a function price template, both the template and the client or the matter must be set to 'Hourly rate per function'.

In the example below, the client's pricing information indicates that the 'General USD rates' template should be used as a fallback template. As an exception to the rates on the 'General USD rates' template, for Donald Draper the rate for this client has been set to USD 450 instead of USD 400.