Hourly fees are the most common type of billing arrangement lawyers have with clients. Through this important program, you'll discover how to set an appropriate hourly fee, how to determine your initial retainer, how to set up good billing practices and how to understand the common provisions included in hourly fee agreements so the client understands and pays his bill. When it comes to retainers, learn tips to predict the volume of work and other factors to consider when determining a monthly fee. A good rule of thumb is to think of invoices as another way to communicate your value to your client. With strong, detailed invoices, you will better position yourself for a long-term relationship.
As a result of this program, you will understand:
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How to set up an hourly fee
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How to determine the amount of the initial retainer
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The importance of good billing practices
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What provisions are commonly included in hourly fee agreements
This program is included in the the following series:
If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance. Credit totals for other formats are for complete programs. Partial credit is not available for any online or downloadable format.
West LegalEdcenter will not provide accreditation for states not listed.
This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing west.wlec-sales@thomson.com.
