### Contents - [**Glossary Terms**](#resources-glossary_terms) - [**Discussions**](#resources-discussions) - [**Reports**](#resources-reports) # Legal Billing Software Resources ##### Glossary Terms, Discussions, and Reports to expand your knowledge on Legal Billing Software Resource pages are designed to give you a cross-section of information we have on specific categories. You'll find [feature definitions](#resources-glossary_terms), [discussions](#resources-discussions) from users like you, and [reports](#resources-reports) from industry data. [ContentsExpand/Collapse Contents](#) - [**Glossary Terms**](#resources-glossary_terms) - [**Discussions**](#resources-discussions) - [**Reports**](#resources-reports) ## Legal Billing Software Glossary Terms [![Corporate Governance](https://learn.g2.com/hubfs/G2CM_GI719_Glossary_Article_Images_%5Bcorporate_governance%5D_V1b.png "Corporate Governance")](https://www.g2.com/glossary/corporate-governance-definition) [Corporate Governance](https://www.g2.com/glossary/corporate-governance-definition) Corporate governance is the set of rules, policies, and procedures a company has to determine the direction and management of the business. by Holly Landis [![Retainer Fee](https://learn.g2.com/hubfs/G2CM_GI218_Glossary_Article_Images-%5BRetainer_Fee%5D_V1b.png "Retainer Fee")](https://www.g2.com/glossary/retainer-fee-definition) [Retainer Fee](https://www.g2.com/glossary/retainer-fee-definition) A retainer fee is paid upfront to consultants, lawyers, or freelancers to secure their services. Learn more about its types and benefits. by Aayushi Sanghavi ## Legal Billing Software Discussions 0 Question on: Clio Manage [What is the purpose of the Accounts tab in Clio Manage if it does not provide real time date on our bank account balances? What is the purpose? What am I missing with it?](/discussions/31163-what-is-the-purpose-of-the-accounts-tab-in-clio-manage-if-it-does-not-provide-real-time-date-on-our-bank-account-balances-what-is-the-purpose-what-am-i-missing-with-it) What is the purpose of the Clio Manage tab "Accounts"? It does not seem to tie to my bank accounts, yet it purports to do so. The figures are laughably inaccurate! The purpose of the "Accounts" tab in Clio is to allow firms to set up new trust, operating, escrow, or IOLTA accounts and, of course, manage those accounts. However, there is no accounting function in Clio for operating accounts. Consequently, you cannot reconcile your operating account in Clio. That said, you can keep up with all trust-related transactions and reconcile your trust account(s), which reconciliation should be accurate since it deals strictly with your clients' money. I use that function frequently. To generate a trust account listing report, do the following: 1. Select the "Reports" tab 2. Select "Trust Listing" from the list of available reports 3. Select the appropriate report options based on the criteria you would like to report on 4. Select the "Output format" 5. Click "Generate report" If you would like Clio to add accounting and account reconciliation to its software for operating accounts, you may contact Clio either through email, the in-app chat, or via the support center at 888-858-2546, ext. 2. I am not a Clio representative. I am a Clio user. Answered: J. Brent Helms on September 29, 2020 [Your answer](/discussions/31163-what-is-the-purpose-of-the-accounts-tab-in-clio-manage-if-it-does-not-provide-real-time-date-on-our-bank-account-balances-what-is-the-purpose-what-am-i-missing-with-it/comments/new?remote=true) 0 [What's your favorite software?](/discussions/29569-what-s-your-favorite-software) We love Amicus Attorney but want to know how others are finding success We had previously been using Rainmaker, but have switched over to Rippe. So far it has been a good change, but of course, not without its nuances. Answered: Kristina D'Auria on July 16, 2020 First choice is Aderant (CMS), then 3E Enterprise and if you are small ProLaw and/or QuickBooks. Add-on programs PrebillManager , Chrome River (AP and reimbursements), and eBillingHub (ebilling). Answered: Kenneth Rawlins on July 16, 2020 [See more answers (1)](javascript:void(0);) [Your answer](/discussions/29569-what-s-your-favorite-software/comments/new?remote=true) 0 Question on: TimeSolv [What's the difference between phases and milestones?](/discussions/26701-what-s-the-difference-between-phases-and-milestones) I'd like to understand the difference, I use milestones simply to apply my monthly retainer, but I am not sure that this is a best practice. You can use milestones in different ways. A 'billable milestone' allows you to create fixed fee invoices. A regular milestone can represent a date something is due. TimeSolv allows you to keep things very simple or to build out Matter Plans that include phases, tasks, and budgets. If you are just doing a fixed fee invoice, you will not need to worry about phases, etc. If you wish to learn more about matter plans, please visit https://help.timesolv.com/article/317-managing-tasks Answered: Gigi Vita on May 13, 2020 This link should be helpful: https://help.timesolv.com/managing-matter-plans Answered: Fred Bopp on January 12, 2022 [See more answers (1)](javascript:void(0);) [Your answer](/discussions/26701-what-s-the-difference-between-phases-and-milestones/comments/new?remote=true) - [‹ Prev‹ Prev](/categories/legal-billing-software/resources?discussions_page=4) - [1](/categories/legal-billing-software/resources) - [2](/categories/legal-billing-software/resources?discussions_page=2) - [3](/categories/legal-billing-software/resources?discussions_page=3) - [4](/categories/legal-billing-software/resources?discussions_page=4) - 5 - [6](/categories/legal-billing-software/resources?discussions_page=6) - [7](/categories/legal-billing-software/resources?discussions_page=7) - [8](/categories/legal-billing-software/resources?discussions_page=8) - [9](/categories/legal-billing-software/resources?discussions_page=9) - … - [24](/categories/legal-billing-software/resources?discussions_page=24) - [25](/categories/legal-billing-software/resources?discussions_page=25) - [Next ›Next ›](/categories/legal-billing-software/resources?discussions_page=6) ## Legal Billing Software Reports Grid® Report for Legal Billing Summer 2026 G2 Report: Grid® Report Momentum Grid® Report for Legal Billing Summer 2026 G2 Report: Momentum Grid® Report Small-Business Grid® Report for Legal Billing Summer 2026 G2 Report: Grid® Report Momentum Grid® Report for Legal Billing Spring 2026 G2 Report: Momentum Grid® Report Small-Business Grid® Report for Legal Billing Spring 2026 G2 Report: Grid® Report Grid® Report for Legal Billing Spring 2026 G2 Report: Grid® Report Momentum Grid® Report for Legal Billing Winter 2026 G2 Report: Momentum Grid® Report Grid® Report for Legal Billing Winter 2026 G2 Report: Grid® Report Small-Business Grid® Report for Legal Billing Winter 2026 G2 Report: Grid® Report