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In: Civil Engineering

4: List and define the different way law firms bill their clients. What ethical obligation do...

  1. 4: List and define the different way law firms bill their clients. What ethical obligation do attorneys have with respect to legal fee?

  1. 5: How do lawyers and legal assistant keep track of their time? What is the difference between billable and nonbailable hours? What is a client must account?

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Expert Solution

4.

Basis of time and Value Billing practices
A written fee schedule is provided for the firm customers. The schedule specifies problems on which a fixed or regular fee is paid, and describes certain other things to be paid on a "time basis." The schedule does not specify the "time basis" prices to be imposed.Once the job is completed on a time-based schedule, the client receives a receipt about "Services provided." The document just provides a short basic overview of such facilities. It then specifies a service amount, a distinct expense amount and a total.

attorny charge basic
The client receives a letter in a different billing arrangement including a written fee schedule. The plan describes issues on which a fixed or regular fee is paid and defines certain certain problems or legal forms that may be compensated on the basis of "Attorney Fee."

5.

There are a variety of forms the lawyer will tidy up the ship and increase the profits of the law practice. First of all, it is necessary to define what comprises billable hours vs. non-billed hours. Billable hours involve all the time that a prosecutor currently spends practicing on a case or just talking about a subject. It doesn't matter where you're going, really.

Non-billable hours are times which will not be charged by the customer to a law firm. Which included truly wise time investments such as ongoing legal education, communication , for example.Non-billing hours may cover timekeeping (ouch), other managerial tasks, and errands,


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