Billing is an essential aspect of running a successful law practice. It is how your law firm gets paid for its work, takes care of overhead bills, pays employees, and how you compensate yourself. If done incorrectly, your billing practices can threaten the very existence of your firm. Tracking and billing time to clients - whether it is hourly, flat fee, value or some hybrid thereof - is an important part of working in a law firm. Even in a contingency...
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