The business side of lawyering is about revenue generation, getting paid for work done. It's also about finding and keeping loyal clients. According to Clio Legal Trends Report 2020 there are many ...
A major problem with hourly billing is that time spent by attorneys may benefit the lawyer, but that does not equate value to the client. Not every hour spent on a file is of equal value to the client ...
For some clients, the legal billing process can be challenging to navigate making it crucial for firms to have transparent, easy-to-digest terms. Find out more about red-flag billing practices to ...
Each company usually has its own procedures for billing clients. Some organizations may choose to invoice parts and equipment separately from labor to avoid confusion, but you can bill for all of ...
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The billing habit that turns a simple job into a runaway cost
Every professional services firm knows the story: a straightforward assignment that somehow balloons into a bill your client ...
NULLWhile law firms have made a variety of changes due to the recession, one has affected a mainstay of the profession: the billable hour. Some firms are looking toward flat-fee or other forms of ...
High net worth clients often have complex business structures that make manual, paper-based payment processes time-consuming, laborious and even risky. With the right technology, advisors can offer ...
RIAs operate in a largely fee-based industry where accuracy is key to building and maintaining trust. Incorrect information and calculations can cause your clients to lose money, damaging your ...
Efficiently managing bill pay for family offices and high-net-worth clients can be a challenge. Clients expect firms to stay organized across all their bills, allow them to quickly pay their bills, ...
IMGCAP(1)]Do your clients hesitate to call because they don’t want to run up their bill? Or perhaps they DIY first rather than reach out for professional guidance? That’s the curse of a client who ...
Holland & Knight issued an alert in June 2015, written by Allison Martin Rhodes and Craig S. Weinstein, regarding an earlier California Court of Appeal ruling in this case. This alert provides an ...
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