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 ...

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 ...

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 ...

IMGCAP(1)]Five years ago we made a change to the way my firm billed for support. Processing Content Like most accountants and consultants we had been invoicing clients on an hourly basis. Also, just ...

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 ...

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 ...

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 ...