The Partner Compensation Management System (CMS) is an on-premise law firm software solution that automates partner compensation calculation. The platform streamline the law firm partner compensation process, improving transparency and eliminating errors resulting from manual input. The system pulls data from various firm systems—HRMS, CRM, Time & Billing, to properly account for origination, billable hours, taxes, and reimbursable expenses. The on-premise solution is customized to calculate monthly payroll based on the firms formulas and rules for compensation and reimbursements.
- Calculates origination sharing and non-originating billable hour compensation,
- Categorizes reimbursable expenses and applies rules related to timing of reimbursements.
- Ensures compliance with statutory and regulatory mandates for employee compensation.
- Dashboard for partners to visualize the components of their compensation for a particular payroll period, various time frames, as well as current period projections.