You’ve got the clients. Now make sure they’re the paying kind.
Have you ever had a client who didn’t pay a bill? If you have, the good news is that there’s a way to minimize the chances of this happening again. And if you haven’t, well, there’s a good chance you’ll work with one in the future. In this free Clio webinar, you’ll learn how to bill in a way that’s efficient, straightforward—and most importantly, helps clients pay you in a timely manner.
Clients love flat fees; lawyers worry about them. Driven by client demand, hourly billing is on its last legs and flat fees are fast becoming the norm in legal billing. It's becoming crucial that firms acquaint themselves with the practical and ethical issues that are associated with flat fee billing.
Join Lee Rosen (lawyer, blogger, and expert on the modern practice) of Divorce Discourse and Clio's own Joshua Lenon in this live webinar as they discuss how forward-thinking lawyers are utilizing flat fees in their firms' billing structure.
In this free Clio Webinar, we'll cover:
- What is a flat-fee pricing model? Can your firm profit?
- What ethical issues are involved in charging clients a flat fee?
- How do you calculate a fair flat fee?
Tips for Successful Rent Recovery | Webinar with Robert Locke (Property Manag...AppFolio
With co-hosts NARPM, we hosted a fantastic webinar with Real Estate Professional, Robert Locke, on the topic of ‘Tips for Successful Rent Recovery.” The webinar provided insider information and real world examples of how you can run a success rent recovery business. Attendees learned some best practices of how to collect rent from tenants post move out and took away some key strategies that will help you collect balances lost.
thetexaslawyer.org ,oreskylaw.org ,publicbusinesslaw.org ,theinjurylawnews.org As a practical matter, the fees lawyers charge tend to vary greatly. It is hoped that the following will help the potential client make at least some sense of attorney fees and how they are set.
Clients love flat fees; lawyers worry about them. Driven by client demand, hourly billing is on its last legs and flat fees are fast becoming the norm in legal billing. It's becoming crucial that firms acquaint themselves with the practical and ethical issues that are associated with flat fee billing.
Join Lee Rosen (lawyer, blogger, and expert on the modern practice) of Divorce Discourse and Clio's own Joshua Lenon in this live webinar as they discuss how forward-thinking lawyers are utilizing flat fees in their firms' billing structure.
In this free Clio Webinar, we'll cover:
- What is a flat-fee pricing model? Can your firm profit?
- What ethical issues are involved in charging clients a flat fee?
- How do you calculate a fair flat fee?
Tips for Successful Rent Recovery | Webinar with Robert Locke (Property Manag...AppFolio
With co-hosts NARPM, we hosted a fantastic webinar with Real Estate Professional, Robert Locke, on the topic of ‘Tips for Successful Rent Recovery.” The webinar provided insider information and real world examples of how you can run a success rent recovery business. Attendees learned some best practices of how to collect rent from tenants post move out and took away some key strategies that will help you collect balances lost.
thetexaslawyer.org ,oreskylaw.org ,publicbusinesslaw.org ,theinjurylawnews.org As a practical matter, the fees lawyers charge tend to vary greatly. It is hoped that the following will help the potential client make at least some sense of attorney fees and how they are set.
This presentation outlines issues to address when determining whether attorneys' fees issues are reasonable, and outlines situations where expert testimony is helpful
Procedure for keeping records of pre-engagement communicationVal Antoff
Keeping records of pre-engagement communications is essential for protecting the practice and the client's interests. Here is an example of a procedure for maintaining such records.
Did you know that 1 in 5 Chief Legal Officer pay only flat fees to law firms for litigation work?
Law firms working for businesses are finding themselves dealing with at least 7 new types of fees – from blended rates and conditional fees to damages-based agreements. Clients in family law matters are now looking for unbundled plans and income-based sliding fees.
Law firms need to understand these new fee structures and their impact on a firm’s ability to represent clients.
In this free, 1-hour Clio webinar, learn what you need to know to successfully add contingency fees and alternative fee billing into your law firm, including:
- Lessons learned from practice areas that have shifted to alternative fees
- Ethic rules surrounding contingency fees and alternative fee structures
- Resources for implementing alternative fees in your firm
Law 9000 Best Legal Practice International StandardVal Antoff
Flowchart that summarises all quality management system requirements under the LAW 9000 international standard. The standard combines the complete requirements of ISO 9001 Quality Management Systems with specific extras applicable to the legal profession.
File opening and control of files procedureVal Antoff
To manage risk better a legal practice should implement a process for opening of client files. The statuses of the client's conflict of interest check, identification, capacity and retainer agreement should be easily identifiable as part of the risk management strategy for any legal practice.
Startup Legal & IP (July2013 Founder Institute)Touraj Parang
Startup Legal Issues Facing Founders. From pre-formation, to incorporation, to IP strategy. What to expect to pay in legal fees and how to save money. Tips on hiring lawyers for your business effectively and efficiently. Technologies mentioned: Markify, http://upcounsel.com,
Part 1 of a Training Course on Establishing An Institutional Records Management and Archival Collection Development Program for RVM Schools (held at the RVM Regional House, Singalong, Paco, Manila on 2002 Dec. 11-2 , at the RVM Regional House, Cebu on 2003 Jan. 24-25, at the RVM Regional House, Davao City on 2003 Feb. 28-March 1, and at the RVM Regional House, Cagayan de Oro City. on 2003 March 7-8
With tax season upon us, it is time for lawyers to move beyond boxes of receipts and a spreadsheet for managing firm finances.
Learn the basics of accounting and how to better manage your funds in this free webinar on accounting principles that every lawyer should know.
Learn from Carla Caldwell, Director of Training at Xero, and Omar Ha-Redeye, Adjunct Faculty at Ryerson University and a practicing lawyer, as they tackle:
- The basics of accounting for lawyers
- How legal accounting differs from regular accounting
- Report and reconciliation issues surrounding trust accounts
- How to pick and integrate the best accounting tools for your practice
- Steps to prepare your tax return for your firm's income
Understanding the advantages of having an expert review your company’s sales and use tax transactions; awareness of opportunities that potentially exist for obtaining refunds of sales and use tax already paid by your organization; learning more about the ins and outs of sales and use tax.
CTKnowledgeShare: CT Corporation is dedicated to educating our customers on the most current and essential topics for corporate legal and compliance professionals.
12 CRITICAL SLIDES Title slide your company’s name, a sho.docxhyacinthshackley2629
12 CRITICAL SLIDES
Title slide: your company’s name, a short company description, name of presenter(s) if presenting in person.
Your elevator pitch: a succinct description of your products or services, market, and competitive advantages. Use
vibrant language, and if possible, embed audio or video to demonstrate your product or service.
Page 1 of 5
6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt...
Size of opportunity: this is what investors — VCs even more so than angels — want to know. To what size can
your company potentially grow and what are your plans for future development?
Your specific target customers: who they are and the customer needs that your product or service will meet.
The market size: numbers and dollars, past growth, growth forecasts.
Page 2 of 5
6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt...
The competition: division of market share, how your product compares to theirs, your value proposition in
comparison to the competition’s, and barriers to entry.
Your team: who they are, their past successes and experience, and why they are qualified to do the job.
The business model: how you will distribute your product, pricing strategies, how you will reach your customers.
Page 3 of 5
6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt...
Milestones: a time line that outlines when you expect to reach key achievements.
Financials: a brief summary of key points from your income statement, balance sheet, and/or cash flow
projections.
Page 4 of 5
6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt...
Funding: how much you are asking for in this round, how many future rounds are expected, how much you will
request during those rounds, and how the funds will be used.
The investment opportunity: potential exit strategies and financial return for investors.
Page 5 of 5
6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt...
Accounts Payable/Accounts Receivable
Special Project
Policies and Procedures for Ensuring the 3-Way Match Occurs before Paying Invoice
This Special Project is worth 100 points and is due no later than June 8th, the date of the final exam. This is not a group project. Each student is required to prepare individual responses. A deduction of 20 points will be made for evidence of joint preparation. Late assignments will be given no points.
I would expect responses to vary in length but do not anticipate anything less than 3 pages.
Instructions:
Now that you are somewhat familiar with the payables function in QuickBooks, you no doubt realize that the software does not include a feature that ensures a three-way match is made/has been made prior to paying an invoice. It is largely a manual process.
You first job as the newly appointed head of the Accounts Payable departm.
This presentation outlines issues to address when determining whether attorneys' fees issues are reasonable, and outlines situations where expert testimony is helpful
Procedure for keeping records of pre-engagement communicationVal Antoff
Keeping records of pre-engagement communications is essential for protecting the practice and the client's interests. Here is an example of a procedure for maintaining such records.
Did you know that 1 in 5 Chief Legal Officer pay only flat fees to law firms for litigation work?
Law firms working for businesses are finding themselves dealing with at least 7 new types of fees – from blended rates and conditional fees to damages-based agreements. Clients in family law matters are now looking for unbundled plans and income-based sliding fees.
Law firms need to understand these new fee structures and their impact on a firm’s ability to represent clients.
In this free, 1-hour Clio webinar, learn what you need to know to successfully add contingency fees and alternative fee billing into your law firm, including:
- Lessons learned from practice areas that have shifted to alternative fees
- Ethic rules surrounding contingency fees and alternative fee structures
- Resources for implementing alternative fees in your firm
Law 9000 Best Legal Practice International StandardVal Antoff
Flowchart that summarises all quality management system requirements under the LAW 9000 international standard. The standard combines the complete requirements of ISO 9001 Quality Management Systems with specific extras applicable to the legal profession.
File opening and control of files procedureVal Antoff
To manage risk better a legal practice should implement a process for opening of client files. The statuses of the client's conflict of interest check, identification, capacity and retainer agreement should be easily identifiable as part of the risk management strategy for any legal practice.
Startup Legal & IP (July2013 Founder Institute)Touraj Parang
Startup Legal Issues Facing Founders. From pre-formation, to incorporation, to IP strategy. What to expect to pay in legal fees and how to save money. Tips on hiring lawyers for your business effectively and efficiently. Technologies mentioned: Markify, http://upcounsel.com,
Part 1 of a Training Course on Establishing An Institutional Records Management and Archival Collection Development Program for RVM Schools (held at the RVM Regional House, Singalong, Paco, Manila on 2002 Dec. 11-2 , at the RVM Regional House, Cebu on 2003 Jan. 24-25, at the RVM Regional House, Davao City on 2003 Feb. 28-March 1, and at the RVM Regional House, Cagayan de Oro City. on 2003 March 7-8
With tax season upon us, it is time for lawyers to move beyond boxes of receipts and a spreadsheet for managing firm finances.
Learn the basics of accounting and how to better manage your funds in this free webinar on accounting principles that every lawyer should know.
Learn from Carla Caldwell, Director of Training at Xero, and Omar Ha-Redeye, Adjunct Faculty at Ryerson University and a practicing lawyer, as they tackle:
- The basics of accounting for lawyers
- How legal accounting differs from regular accounting
- Report and reconciliation issues surrounding trust accounts
- How to pick and integrate the best accounting tools for your practice
- Steps to prepare your tax return for your firm's income
Understanding the advantages of having an expert review your company’s sales and use tax transactions; awareness of opportunities that potentially exist for obtaining refunds of sales and use tax already paid by your organization; learning more about the ins and outs of sales and use tax.
CTKnowledgeShare: CT Corporation is dedicated to educating our customers on the most current and essential topics for corporate legal and compliance professionals.
12 CRITICAL SLIDES Title slide your company’s name, a sho.docxhyacinthshackley2629
12 CRITICAL SLIDES
Title slide: your company’s name, a short company description, name of presenter(s) if presenting in person.
Your elevator pitch: a succinct description of your products or services, market, and competitive advantages. Use
vibrant language, and if possible, embed audio or video to demonstrate your product or service.
Page 1 of 5
6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt...
Size of opportunity: this is what investors — VCs even more so than angels — want to know. To what size can
your company potentially grow and what are your plans for future development?
Your specific target customers: who they are and the customer needs that your product or service will meet.
The market size: numbers and dollars, past growth, growth forecasts.
Page 2 of 5
6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt...
The competition: division of market share, how your product compares to theirs, your value proposition in
comparison to the competition’s, and barriers to entry.
Your team: who they are, their past successes and experience, and why they are qualified to do the job.
The business model: how you will distribute your product, pricing strategies, how you will reach your customers.
Page 3 of 5
6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt...
Milestones: a time line that outlines when you expect to reach key achievements.
Financials: a brief summary of key points from your income statement, balance sheet, and/or cash flow
projections.
Page 4 of 5
6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt...
Funding: how much you are asking for in this round, how many future rounds are expected, how much you will
request during those rounds, and how the funds will be used.
The investment opportunity: potential exit strategies and financial return for investors.
Page 5 of 5
6/4/2015https://strayer.vitalsource.com/books/9781933895475/print?from=343&to=348&skip_deskt...
Accounts Payable/Accounts Receivable
Special Project
Policies and Procedures for Ensuring the 3-Way Match Occurs before Paying Invoice
This Special Project is worth 100 points and is due no later than June 8th, the date of the final exam. This is not a group project. Each student is required to prepare individual responses. A deduction of 20 points will be made for evidence of joint preparation. Late assignments will be given no points.
I would expect responses to vary in length but do not anticipate anything less than 3 pages.
Instructions:
Now that you are somewhat familiar with the payables function in QuickBooks, you no doubt realize that the software does not include a feature that ensures a three-way match is made/has been made prior to paying an invoice. It is largely a manual process.
You first job as the newly appointed head of the Accounts Payable departm.
What is revenue cycle management? How does it impact your practice’s ability to maintain profitability? What are the critical steps to take when managing your revenue cycle? This Quirk Healthcare Solutions Insights webinar will lead you through the important healthcare provider business practice of revenue cycle management. We’ll discuss the stages of RCM, development of a fee schedule, establishing financial policies, billing and collection cycles, and the practical application of revenue cycle management.
Page 1 of 4 AP-101 Processing Payments Prepare.docxalfred4lewis58146
Page 1 of 4
AP-101
Processing Payments
Prepared By: Accounts Payable
Approved By: Brian Laffey
Effective Date: 10/31/2011
Purpose
• Safeguard the university’s assets by preventing duplicate payments;
• Manage negotiated pricing arrangements
• Process payments in a timely manner to take advantage of earned discounts;
• Comply with escheat laws
• Manage the university’s operating cash for maximum benefit.
Policy
Accounts Payable has the sole authority to process payments using the IIT Banner System except for payment
made through use of the IIT issued Procurement Card
Definitions
• Encumbered goods and services – items that commit budget funds to specific purchases.
• Unencumbered goods and services – funds that are available to be used for future purchase requirements
through the end of the current fiscal year.
• IIT Banner System – the electronic system used for recording all accounting related transactions
• Banner invoice number – a Banner generated reference number assigned to vendor invoices
• Regular Pay – Payments made referencing a Banner generated purchase order
• Direct Pay – Payments made that do not reference a Banner generated purchase order
• Ordering Department’s Authorized Approver – the individual authorized to approve the accuracy of a
vendor’s invoice, receipt of goods and/or services, and payment to the vendor. By policy, this person is
not the same as the person requisitioning the goods and/or services.
• Verified copy of a vendor invoice is one that is not an original invoice, but has been verified as unpaid
through a review of the vendor records
Procedures
Processing payments begins with the delivery to the Accounts Payable Department of either an:
• Original vendor invoice
• Verified copy of a vendor invoice;
• Request for Wire Transfer
• IIT Request for Check; or
• IIT Employee Travel and Expense Report..
Upon receipt of these documents, Accounts Payable will process each in the following manner:
Page 2 of 4
Vendor Invoice / Regular Pay / Encumbered Goods and Services
• Examine vendor invoice to identify IIT purchase order number and invoice date
• If there is no IIT purchase order number cited, AP will contact the vendor to identify the ordering party
and then will contact that person to get the purchase order number.
• Access IIT purchase order information on the Accounts Payable screens in IIT Banner
• Compare invoice to information listed for the referenced purchase order
• If the information on the invoice accurately corresponds to the IIT purchase order, that information is
entered into Banner generating a Banner invoice number and a record of the invoice information
• If the information does not correspond to the IIT purchase order Accounts Payable will notify the ordering
party of the need to resolve or accept differences and possibly enter a Request for Change Order to
amend the purchase order.
Request for.
Practicing law is not just about client files and research, but also defining the value of your legal services. Too many lawyers let their businesses suffer, failing to understand the finances of their files. Learn how to measure your firm’s worth, so that your billing and accounts meet your needs and your client's expectations in this session on tracking legal account receivables.
Join Colin Cameron, CA, Founder of Profits for Partners, Management Consulting Inc. and Joshua Lenon, Clio's Lawyer in Residence as they discuss:
- How keeping your firm solvent is an ethical obligation
- What financial measurement tools law firms are using
- What key financial performance indicators are critical for
your practice
Improve your billing practices and stop chasing payments
Lawyer's billing practices are coming under intense scrutiny from clients. A clearly communicated invoice with easy payment options can be a differentiator between you and your competitors (and the difference between whether you get paid or not.) Successful law firms are starting to utilize the data available to them through modern billing tools to optimize their invoicing practices and get paid more easily.
See how modern law firms are managing invoicing and receivables to improve client experience and increase likelihood of payment. Join Janelle Benefield of LawPay and Joshua Lenon of Clio, as they take a data driven look at how to bill better as a lawyer.
Topics covered in this free, one-hour webinar will include:
- How law firms of any size can tap into their billing data and improve process;
- What methods of billing and payment are being demanded by clients; and
- Billing best practices, and how to put them to work for you.
With more than 50% of clients turning to search engines to find a lawyer, Google’s Local Services Ads in Clio are a simple, cost-effective way to appear when and where clients are searching.
Join Elyse Goldman from Google and Joe Runkle from Runkle Law at our upcoming webinar to see how you can start attracting the right clients today, without having to be a marketing expert.
You’ll learn:
What Google’s Local Services Ads are and how they work
How to appear at the top of Google search results to attract high-intent leads in your area easily, and at the right price
How this firm used Google Local Service Ads in Clio to get a return-on-investment of 10x on his marketing dollars
Are you looking to enhance the client intake processes at your firm?
By automating repetitive tasks and streamlining communication channels, you can efficiently manage client inquiries, provide timely responses, and create a smooth experience for potential clients.
Join us for a live product walkthrough with Clio's product experts, Aamnah Izhar and Alice Wang, as they showcase how to:
Leverage text messaging and automated emails for seamless communication
Streamline and log communications for efficient tracking
Integrate Clio Grow with MailChimp to optimize client engagement
Plus, you'll learn how to unlock the full power of Clio, and achieve seamless firm management, by syncing Clio Grow and Clio Manage.
See how Natasha Nazareth (Founder of Nazareth Bonifacino Law) and Mechelle Woznicki (Founder of Woznicki Law) use Clio Grow with Manage to:
Prepare for time off and get work done ahead of time
Automate tasks to be completed while their out
Set their firm up for success with a coverage plan
Say goodbye to summer-work stress and embrace a worry-free vacation with the power of Clio Grow.
Owning and operating a solo practice comes with its own unique challenges. Since client experiences are still fast-evolving, solos need to find new ways to distinguish themselves from larger firms—and to stay at the forefront of innovation.
This report looks at what distinguishes solos across multiple perspectives—including financial performance, personal and professional well-being, and client relationships.
What is your law firm doing to stand out and stay ahead of the latest legal trends in 2023? This free webinar can help you to decide.
Join our experts for a deep-dive into the 2022 Legal Trends Report, where they discuss how to use the report’s findings to set your law firm and employees up for success.
Learn the biggest takeaways from Clio’s research, including:
How law firms are navigating an increasingly competitive landscape
Employment trends and what today’s legal professionals have to say about their workplace
What clients look for when hiring a lawyer
See how Clio’s cloud-based legal software helps family lawyers like you streamline work so you can focus on what matters the most—being there for your clients.
The latest product releases and updates across Clio Manage, Clio Grow, and Lawyaw.
Clio strives to transform the legal experience for all, including saving you time so that you can have a work-life balance. 2023 is just around the corner so why not gear up for the new year by optimizing your firm to reclaim your time back!
In this session, you’ll learn about the top features and releases across Clio Manage, Clio Grow, and Lawyaw this year. You’ll hear from Clio product experts who will go over how you can reduce the top time wastes modern law firms face.
This webinar will cover the following areas and more:
Clio Manage: Texting messaging, tasks, user permissions, calendars, billing, account reconciliation, court rules and reports
Clio Grow: Pipeline, automated reminders and website builder
Lawyaw: Court forms, reusable templates and e-signatures
Your law firm has been operating for one year: now what? Join Clio and four intrepid founders as they discuss how to go from start-up to established success story.
You know your firm provides exceptional legal services—do your prospective clients know that? Learn about driving great experiences that lead to 5-star reviews and help your firm stand out from the competition.
Your law firm is unique and your practice management software should enable you to work the way you want to work. A lot of legal software makes you work in a prescriptive way, but Clio has the tools and integrations to give you the choice to do things your way.
It’s why Clio and Klyant are coming together for our next webinar Clio App Spotlight: How Clio and Kylant integrate to provide a compliant and remote law firm solution.
Join this 1-hour deep-dive into the 2022 Legal Trends Report to discuss what the data means and how to use it to set your law firm and employees up for success.
See how firms like yours are turning stress into collection’s success by using these features already in your account that handle time-consuming billing tasks for you.
In 2020, the Ministry of Home Affairs established a committee led by Prof. (Dr.) Ranbir Singh, former Vice Chancellor of National Law University (NLU), Delhi. This committee was tasked with reviewing the three codes of criminal law. The primary objective of the committee was to propose comprehensive reforms to the country’s criminal laws in a manner that is both principled and effective.
The committee’s focus was on ensuring the safety and security of individuals, communities, and the nation as a whole. Throughout its deliberations, the committee aimed to uphold constitutional values such as justice, dignity, and the intrinsic value of each individual. Their goal was to recommend amendments to the criminal laws that align with these values and priorities.
Subsequently, in February, the committee successfully submitted its recommendations regarding amendments to the criminal law. These recommendations are intended to serve as a foundation for enhancing the current legal framework, promoting safety and security, and upholding the constitutional principles of justice, dignity, and the inherent worth of every individual.
Car Accident Injury Do I Have a Case....Knowyourright
Every year, thousands of Minnesotans are injured in car accidents. These injuries can be severe – even life-changing. Under Minnesota law, you can pursue compensation through a personal injury lawsuit.
A "File Trademark" is a legal term referring to the registration of a unique symbol, logo, or name used to identify and distinguish products or services. This process provides legal protection, granting exclusive rights to the trademark owner, and helps prevent unauthorized use by competitors.
Visit Now: https://www.tumblr.com/trademark-quick/751620857551634432/ensure-legal-protection-file-your-trademark-with?source=share
Military Commissions details LtCol Thomas Jasper as Detailed Defense CounselThomas (Tom) Jasper
Military Commissions Trial Judiciary, Guantanamo Bay, Cuba. Notice of the Chief Defense Counsel's detailing of LtCol Thomas F. Jasper, Jr. USMC, as Detailed Defense Counsel for Abd Al Hadi Al-Iraqi on 6 August 2014 in the case of United States v. Hadi al Iraqi (10026)
Responsibilities of the office bearers while registering multi-state cooperat...Finlaw Consultancy Pvt Ltd
Introduction-
The process of register multi-state cooperative society in India is governed by the Multi-State Co-operative Societies Act, 2002. This process requires the office bearers to undertake several crucial responsibilities to ensure compliance with legal and regulatory frameworks. The key office bearers typically include the President, Secretary, and Treasurer, along with other elected members of the managing committee. Their responsibilities encompass administrative, legal, and financial duties essential for the successful registration and operation of the society.
ALL EYES ON RAFAH BUT WHY Explain more.pdf46adnanshahzad
All eyes on Rafah: But why?. The Rafah border crossing, a crucial point between Egypt and the Gaza Strip, often finds itself at the center of global attention. As we explore the significance of Rafah, we’ll uncover why all eyes are on Rafah and the complexities surrounding this pivotal region.
INTRODUCTION
What makes Rafah so significant that it captures global attention? The phrase ‘All eyes are on Rafah’ resonates not just with those in the region but with people worldwide who recognize its strategic, humanitarian, and political importance. In this guide, we will delve into the factors that make Rafah a focal point for international interest, examining its historical context, humanitarian challenges, and political dimensions.
12. Law is Both a Business
and a Profession
“Law is not a
profession at all,
but rather a business
service station and
repair shop.”
– Adlai E. Stevenson,
Senator
12
13. Law is Both Profession & Business
“Law is subject to the same laws of
economics as any other business.
Having a great product is not enough.”
Tower Snow, Chairman (2001)
Brobeck, Phleger & Harrison
San Francisco corporate law firm
13
16. Collection Begins at
Intake
• Understand what client wants
– Seek that result for that client
– Client expectations
• Want vs. Need
– Want this client/matter
• “Competent” to handle the matter
17. Written Fee Agreements
• Explain fee arrangement
• Written engagement letter
– Transaction vs. Contingent
• Consequences
– Two way street
• Credit check
18. Fees
• “Reasonable” under Rule 1.5
– Excessive (ABA)
– Unconscionable (CA)
• Types of fees
– Time-based (usually hourly) fees
– Fixed
– Contingent
– Value
– Mixture of above
19. Retainers
• True retainers
• Advance deposits
– Evergreen
– Withdrawal
• After billing statement
• With notice per engagement agreement
20. Budgets
• Estimate future costs and
expenses
• Make client part of the team
• Manage client expectations
• Memorialize course of action client
approves
21. Billing Statements
Include:
• Matter
• Person who performed work
• Time spent (if relevant)
• Amount charged
• When payment is expected
• What will happen if payment is not
timely received
22. • Can the client understand the bill?1
• Value provided?2
• Does the bill make the services
sound meaningful and reasonably
priced?
3
• (If billing cycles are relevant) Has
the firm sent the bill when client is
likely able to pay?
4
Bills Influence Collections
23. Who Handles Collections?
• Lawyer involvement
• Staff involvement
– Obligation to supervise
• Need for joint plan and
staying informed
24. Bills Not Paid Timely
Follow up – “Dial & Smile”
– Did client receive the bill?
– Did client understand what was done
and what was billed?
– Does client have any questions or
problems with the bill or the
services?
– When will the client pay?
25. Interest on Delinquent
Accounts
Generally permitted but
• Must disclose possibility of interest
fees at outset of representation
• Some jurisdictions require written
client consent to arrangement
26. Stopping Work
• See engagement/fee agreement
• Impact on client and matter
• Impact on lawyer-client
relationship
28. Alternatives to Non-
Payment
• Payment plans
• Revisit when client’s finances
improve
Avoid an arrangement that the client
will almost certainly fail to satisfy
29. Lien on Client Files and
Property
Check your jurisdiction
• Can’t withhold client’s file for
nonpayment
• Can withhold much or part of a file to
obtain payment
• Can withhold only work product
• Can withhold only opinion work product
• May withhold file even if client
prejudiced
30. Reporting Client to
Credit Agency
• NYSBA Opinion 684 (1996) states
that reporting is not permitted
because the disclosure is not
reasonably necessary to collect
the fee
31. Promissory Note to
Secure Payment
Comply with Rule 1.8(a)
• Fair and reasonable
• Terms fully disclosed to client in
(understandable) writing
• Advised in writing to seek independent
counsel
• Signed agreement documenting
informed consent
32. Filing Lawsuit
• Check jurisdiction regulations
• Review E & O insurance policy
– Carrier may want/require notice
• Use outside counsel
– Objectivity
– Better protection for confidences
33. Risk of Cross-
Complaints for Legal
Malpractice
• Only 10-15% of suits for fees
result in cross-complaint
• First loss is best loss
• Need to make sure case is one
worth sending to suit
• Peer review of file before suit is
filed
34. Process Summary
• First meeting
• Engagement letter
• Budget
• Internal collection procedure
• Peer review of file
• Arbitration if required
• Write-off
• Lawsuit
35. Resources
• Collecting Your Fee: Getting Paid
from Intake to Invoice (ABA)
• Attorney & Law Firm Guide to The
Business of Law® (ABA, March
2014)
• www.lawbiz.com
• www.lawbizblog.com
• www.lawbiztips.com
• www.lawbizregistry.com