Billing Best Practices: How to Ethically Meet Clients’ Expectations

03 Nov , 2021

To register for the upcoming live webinar, please Click Here

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

 

To register for the upcoming live webinar, please Click Here

More Webcasts

MODERATED-Trauma Inf...

Attorneys hopefully recognize that, like many other professionals, their lives are filled to the bri...

Litigation Series: W...

Part II builds on the foundation established in Part I by examining how classical rhetorical styles ...

Law in the Age of La...

Large World Models (LWMs)— the next generation of AI systems   capable of generating...

Financial Crime Awar...

Attorneys and law firms are well known vectors for money laundering risk.  Banks regularly labe...

Accounting Principle...

Attorneys will receive a comparative analysis of GAAP and IFRS with emphasis on cross-border legal c...

MODERATED-Estate Pla...

Designed for beginning estate planning attorneys, this comprehensive course provides a practical fou...

Building the Data Pr...

Effective data privacy and artificial intelligence governance programs do not happen by accident. Th...

Litigation Series: S...

Evidence Demystified Part 1 introduces core evidentiary principles, including relevance, admissibili...

What Is GAAP? (Defin...

This course breaks down GAAP’s ten foundational principles and explores their compliance impli...

Staying Safe and Sou...

Recent studies have shown that there has been a dramatic increase in impairment due to alcoholism, a...