This webinar focuses on ways to capture more revenue by eliminating clients’ excuses for non-payment, late payment, reduced payment, or complaints about fees. Clients expect invoices to arrive in a timely manner and to contain sufficient information to describe the services provided, written in a way they can understand. When written from the client’s point of view, invoices can show progress vis-a-vis the expectations set in the engagement letter. We will discuss the ethics related to setting and collecting fees, referencing both the ABA and New York State Rules of Professional Responsibility as well as relevant ethics opinions and articles.
You will learn:
• How to meet the pricing and billing expectations of 21st century clients
• How to discuss billing and pricing with clients
• Procedures you should have in place to set and meet client expectations
• Adding payment plans and other options to meet clients halfway when they are struggling financially
• Modern payment alternatives
ABA Model Rules of Professional Responsibility, New York Rules of Professional Conduct, and ethics opinions governing billing and payments, including:
• Communication with clients about billing
• Reasonableness of fees and scope of work
• Changing fees during representation
• Retainer fees
• Acceptability of alternative payment methods
• Trust accounts and fiduciary duties
• Engagement agreements
Attorneys hopefully recognize that, like many other professionals, their lives are filled to the bri...
Part II builds on the foundation established in Part I by examining how classical rhetorical styles ...
Large World Models (LWMs)— the next generation of AI systems capable of generating...
Attorneys and law firms are well known vectors for money laundering risk. Banks regularly labe...
Attorneys will receive a comparative analysis of GAAP and IFRS with emphasis on cross-border legal c...
Designed for beginning estate planning attorneys, this comprehensive course provides a practical fou...
Effective data privacy and artificial intelligence governance programs do not happen by accident. Th...
Evidence Demystified Part 1 introduces core evidentiary principles, including relevance, admissibili...
This course breaks down GAAP’s ten foundational principles and explores their compliance impli...
Recent studies have shown that there has been a dramatic increase in impairment due to alcoholism, a...