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 ...

January 25, 2024 - In a highly competitive legal services market, law firms can no longer count on simply providing excellent legal service. They also need to make sure they get billing right. That's ...

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 ...

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 ...

Sagging productivity within Big Law and declining realization have combined to put a damper on law firm profitability growth, and even the high pace of billing rate growth hasn't been able to remedy ...

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 ...

For decades, the billable hour has done more than price legal work. It has protected the legal profession from scrutiny. It has allowed firms to monetize effort rather than outcomes, to reward labor ...

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, ...

There is little debate at this point that generative AI is saving law firms time. The question now becomes: Who will save ...