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 ...
Public relations consultants bill clients for different types of work, including consultancy, production of press releases and other corporate publications, event management and specialist activities ...
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 ...
There is little debate at this point that generative AI is saving law firms time. The question now becomes: Who will save ...
Why Do Attorneys Bill in Increments? Billing in increments is standard practice for practical reasons. Billing by the minute or just a few minutes is difficult to track and time-consuming, not to ...
The term “billable hour,” a unit of time used in the legal industry, is common in popular culture but can be misunderstood. What goes into a billable hour is more than 60 minutes of time, and ...
CPA firms are often reluctant to give too much thought to their billing practices. But when firms fail to pay enough attention to billing, they can fall into bad billing habits, such as writing off ...