The term “billable hour,” a unit of time used in the legal industry, is common in popular culture but can be misunderstood. What goes into a billable hour is more than 60 minutes of time, and ...

Is the billable hour dying? According to research from the latest Legal Trends Report, clients want modern payment options: over half of potential clients would prefer to pay their lawyers using ...

Few topics can evoke passionate debate among financial advisers quite like the question of how they bill clients. While asset-based advisory fees continue to push commissions into the background, a ...

Many Big Law firms are increasingly notifying clients of rate hikes via engagement letters or e-billing platforms, rather than personal notifications. Clients are increasingly staffing up their legal ...