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Author Question: Law firms keep track of billable time by requiring legal professionals to submit time slips and ... (Read 87 times)

jho37

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on: Aug 3, 2018
Law firms keep track of billable time by requiring legal professionals to submit time slips and usually require attorneys or paralegals to generate a minimum number of billable hours per year. The reason for requiring a minimum number of billable hours is
 
  a. To accurately bill clients
  b. To subject legal professionals to a significant amount of pressure
  c. That the financial well-being of the firm depends on the number of billable
  hours generated by its employees
  d. That only billable hours can be billed to the clients

Question 2

A law firm's overhead expenses, which are a part of the billing rates of lawyers and paralegals, include all of the following but:
 
  a. Rent
  b. Utilities
  c. Supplies
  d. Personal transportation


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Chocorrol77

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Reply #1 on: Aug 3, 2018
Answer to Question 1

C

Answer to Question 2

D


jho37

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Reply 2 on: Aug 3, 2018
YES! Correct, THANKS for helping me on my review

jamesnevil303

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Reply 3 on: Yesterday
Excellent

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