Question
There are four different ways that we can charge the client, using an hourly billing strategy. Using the chapter reading and an additional resource, please
There are four different ways that we can charge the client, using an hourly billing strategy. Using the chapter reading and an additional resource, please identify and explain three of the four different methods for billing clients with an hourly rate. How does each method provide different advantages or disadvantages to either the office or the client?
There are a variety of retainers available to the law office, in order to have their services secured for a client. There are ethical issues with non-refundable retainers. Based upon the textbook and outside resources, findtwo stateswith differing positions on non-refundable retainers. Briefly explain the two policies and the rationales for each, in either allowing or not allowing non-refundable retainers.
Commingling" is a term in the legal field that highlights a problem - particularly related to client funds. Please explain the accounting processes that must be followed by the law firm to assure that there is no "commingling" of funds in the law office setting. Use the textbook as well as the ABA Model Rules to support your answer and analysis.
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