Legal Research

"Invoice Some Hourly Work Promptly Every Two Weeks"

This post was written by Holden Oliver: "Billing twice a month keeps the client attuned in real-time to the actual economic demands of the project--and helps the client plan.

Real time billing: invoice the client promptly twice a month. Like everyone else, we expect the "future of law" to include different billing alternatives. However, by that we mean the following: billing the same client different ways depending on the difficulty and intensity of the work.

Generally, we see flat fees for "commodity" work. And we believe hourly rates will continue to dominate for complex and novel projects--particularly where the relationships are longstanding and solid between in-house departments and outside law firms..."

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Source: What About Paris? 16 March 2010. © 2005-2010 John Daniel Hull, reproduced with Dan Hull's permission.

Full post as published by Stark County Law Library Blawg on March 16, 2010 (boomark / email).