Question 1

A fee agreement in which the attorney and client reach a consensus on the amount of fees to be charged is called a(n)________________________. ​

Accepted Answer

A) cash retainer 
B) hourly rate agreement 
C) activity hourly rate agreement 
D) court-awarded fee 
E) none of the above 
A) cash retainer 
B) hourly rate agreement 
C) activity hourly rate agreement 
D) court-awarded fee 
E) none of the above E

Question 2

Timekeeping is the process of billing for time. ​

Accepted Answer

A) True 
 B)False  False

Question 3

Some clients now routinely order audits of law firm bills. ​

Accepted Answer

A) True 
 B)False  True

Question 4

Define criminal fraud. When is it applicable, regarding timekeeping and billing?

Accepted Answer

Criminal fraud is a false representation

Question 5

A(n)__________________ is a fee that is collected if the attorney successfully represents the client. The attorney receives a percentage of the amount recovered. ​

Accepted Answer

A) case advance fee 
B) retainer fee 
C) earned retainer fee 
D) unearned retainer fee 
E) contingency fee 
A) case advance fee 
B) retainer fee 
C) earned retainer fee 
D) unearned retainer fee 
E) contingency fee

Question 6

Distinguish between an earned and unearned retainer.

Accepted Answer

An earned retainer has been earned by th

Question 7

A case retainer is a(n)__________________________. ​

Accepted Answer

A) case advance fee 
B) retainer for general representation 
C) earned retainer fee 
D) unearned retainer fee 
E) pure retainer 
A) case advance fee 
B) retainer for general representation 
C) earned retainer fee 
D) unearned retainer fee 
E) pure retainer

Question 8

___________ is time that a paralegal spends working on a case. ​

Accepted Answer

A) Chargeable time 
B) Nonbillable time 
C) Nonchargeable time 
D) Paralegal time 
E) None of the above 
A) Chargeable time 
B) Nonbillable time 
C) Nonchargeable time 
D) Paralegal time 
E) None of the above

Question 9

___________ is time that a paralegal cannot bill to a client. ​

Accepted Answer

A) Chargeable time 
B) Nonbillable time 
C) Nonchargeable time 
D) Billable time 
E) None of the above 
A) Chargeable time 
B) Nonbillable time 
C) Nonchargeable time 
D) Billable time 
E) None of the above

Question 10

Pro bono services are legal services that are charged to a client with a low income.

Accepted Answer

A) True 
 B)False

Question 11

A contingency fee agreement cannot be used in the following types of cases, according to many ethical rules. ​

Accepted Answer

A) personal injury 
B) domestic relations 
C) workers' compensation 
D) criminal 
E) b and d 
A) personal injury 
B) domestic relations 
C) workers' compensation 
D) criminal 
E) b and d

Question 12

In some states, contingency fee percentages are regulated.

Accepted Answer

A) True 
 B)False

Question 13

Distinguish between an activity hourly rate and a blended hourly rate charge.

Accepted Answer

An activity hourly rate is based on the

Question 14

The __________________________ is based on the attorney's/paralegal's experience in a particular area. ​

Accepted Answer

A) client hourly rate 
B) blended hourly rate 
C) contingency fee 
D) activity hourly rate 
E) none of the above 
A) client hourly rate 
B) blended hourly rate 
C) contingency fee 
D) activity hourly rate 
E) none of the above

Question 15

What is the difference between timekeeping and billing? ​

Accepted Answer

Timekeeping is tracking time,

Question 16

Prepaid legal services are used by law firms as a type of retainer.

Accepted Answer

A) True 
 B)False

Question 17

__________ is the process of issuing invoices for the purpose of collecting monies for legal services performed and being reimbursed for expenses. ​

Accepted Answer

A) Timekeeping and billing 
B) Timekeeping ​ 
C) Record-keeping 
D) Billing 
E) None of the above 
A) Timekeeping and billing 
B) Timekeeping ​ 
C) Record-keeping 
D) Billing 
E) None of the above

Question 18

The _________________ is an hourly rate that is set by taking into account the mix of law office staff working on the matter. ​

Accepted Answer

A) blended hourly rate 
B) client hourly rate 
C) attorney/paralegal hourly rate 
D) activity hourly rate 
E) contingency fee 
A) blended hourly rate 
B) client hourly rate 
C) attorney/paralegal hourly rate 
D) activity hourly rate 
E) contingency fee

Question 19

A pure retainer is used to secure a law firm for an agreed-upon time, and the firm agrees not to represent the business's competitors.

Accepted Answer

A) True 
 B)False

Question 20

The _______________ is based on different hourly rates, depending on what type of service is performed. ​

Accepted Answer

A) client hourly rate 
B) blended hourly rate 
C) activity hourly rate 
D) attorney/paralegal hourly rate 
E) contingency fee 
A) client hourly rate 
B) blended hourly rate 
C) activity hourly rate 
D) attorney/paralegal hourly rate 
E) contingency fee

A fee agreement in which the attorney and client reach a consensus on the amount of fees to be charged is called a(n)________________________.

Timekeeping is the process of billing for time.

Some clients now routinely order audits of law firm bills.

Define criminal fraud. When is it applicable, regarding timekeeping and billing?

A(n)__________________ is a fee that is collected if the attorney successfully represents the client. The attorney receives a percentage of the amount recovered.

Distinguish between an earned and unearned retainer.

A case retainer is a(n)__________________________.

___________ is time that a paralegal spends working on a case.

___________ is time that a paralegal cannot bill to a client.

Pro bono services are legal services that are charged to a client with a low income.

A contingency fee agreement cannot be used in the following types of cases, according to many ethical rules.

In some states, contingency fee percentages are regulated.

Distinguish between an activity hourly rate and a blended hourly rate charge.

The __________________________ is based on the attorney's/paralegal's experience in a particular area.

What is the difference between timekeeping and billing?

Prepaid legal services are used by law firms as a type of retainer.

__________ is the process of issuing invoices for the purpose of collecting monies for legal services performed and being reimbursed for expenses.

The _________________ is an hourly rate that is set by taking into account the mix of law office staff working on the matter.

A pure retainer is used to secure a law firm for an agreed-upon time, and the firm agrees not to represent the business's competitors.

The _______________ is based on different hourly rates, depending on what type of service is performed.

The Legal Team Law Practices and Law Firm Governance

Legal Administration and Technology

Ethics and Malpractice

Client Relations and Communication Skills

Client Trust Funds and Law Office Accounting

Calendaring Docket Control and Case Management

Legal Marketing

File and Law Library Management

Filters

Exam 5: Legal Fees Timekeeping and Billing

A fee agreement in which the attorney and client reach a consensus on the amount of fees to be charged is called a(n)________________________. ​

Timekeeping is the process of billing for time. ​

Some clients now routinely order audits of law firm bills. ​

Define criminal fraud. When is it applicable, regarding timekeeping and billing?

A(n)__________________ is a fee that is collected if the attorney successfully represents the client. The attorney receives a percentage of the amount recovered. ​

Distinguish between an earned and unearned retainer.

A case retainer is a(n)__________________________. ​

___________ is time that a paralegal spends working on a case. ​

___________ is time that a paralegal cannot bill to a client. ​

Pro bono services are legal services that are charged to a client with a low income.

A contingency fee agreement cannot be used in the following types of cases, according to many ethical rules. ​

In some states, contingency fee percentages are regulated.

Distinguish between an activity hourly rate and a blended hourly rate charge.

The __________________________ is based on the attorney's/paralegal's experience in a particular area. ​

What is the difference between timekeeping and billing? ​

Prepaid legal services are used by law firms as a type of retainer.

__________ is the process of issuing invoices for the purpose of collecting monies for legal services performed and being reimbursed for expenses. ​

The _________________ is an hourly rate that is set by taking into account the mix of law office staff working on the matter. ​

A pure retainer is used to secure a law firm for an agreed-upon time, and the firm agrees not to represent the business's competitors.

The _______________ is based on different hourly rates, depending on what type of service is performed. ​

The Legal Team Law Practices and Law Firm Governance

Legal Administration and Technology

Ethics and Malpractice

Client Relations and Communication Skills

Client Trust Funds and Law Office Accounting

Calendaring Docket Control and Case Management

Legal Marketing

File and Law Library Management

Filters

A fee agreement in which the attorney and client reach a consensus on the amount of fees to be charged is called a(n)________________________.

Timekeeping is the process of billing for time.

Some clients now routinely order audits of law firm bills.

A(n)__________________ is a fee that is collected if the attorney successfully represents the client. The attorney receives a percentage of the amount recovered.

A case retainer is a(n)__________________________.

___________ is time that a paralegal spends working on a case.

___________ is time that a paralegal cannot bill to a client.

A contingency fee agreement cannot be used in the following types of cases, according to many ethical rules.

The __________________________ is based on the attorney's/paralegal's experience in a particular area.

What is the difference between timekeeping and billing?

__________ is the process of issuing invoices for the purpose of collecting monies for legal services performed and being reimbursed for expenses.

The _________________ is an hourly rate that is set by taking into account the mix of law office staff working on the matter.

The _______________ is based on different hourly rates, depending on what type of service is performed.