Fees, Facts and Figures - What Lawyers are Charging and Receiving

Fees, Facts and Figures

As has always been the case, legal billing is as much an art as it is a science.  Bill timing, format, presentation and follow-up will vary for different clients, according to their policies, desires and preferences, and the billing capabilities of the law firm.

However, setting billing rates and quoting fees is a different matter.  Hourly rates need to be capable of sustaining the firm economically, yet need to be competitive within the external marketplace.  Fixed fees and other pricing alternatives likewise have to be capable of sustaining the firm, yet still be competitive.

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