Small Law Firm Billing | Practical Law

Small Law Firm Billing | Practical Law

A Practice Note providing small law firm billing guidelines and best practices. This Note discusses different fee arrangements such as retainer fees and client trust accounts, setting hourly fees, alternative fee arrangements (AFAs) such as fixed, flat, contingent, or blended fees arrangements, recordkeeping and timekeeping, court fees, best practices for preparing bills, actions available for nonpayment and collections, and withdrawing from representation.

Small Law Firm Billing

Practical Law Practice Note w-020-4616 (Approx. 18 pages)

Small Law Firm Billing

by Practical Law
A Practice Note providing small law firm billing guidelines and best practices. This Note discusses different fee arrangements such as retainer fees and client trust accounts, setting hourly fees, alternative fee arrangements (AFAs) such as fixed, flat, contingent, or blended fees arrangements, recordkeeping and timekeeping, court fees, best practices for preparing bills, actions available for nonpayment and collections, and withdrawing from representation.