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Coming to Terms with Billing Methods

Professionalism Resource Database


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Classification:Billable Hours
 
Date Published:11/23/1992
 
Title:Coming to Terms with Billing Methods
 
Source:NLJ/ Barry Solomon and Rachel Gibbons
 
Summary:

Too often discussions about billing altenatives are needlessly complicated because of confusion about terminology.
This article showcases the types of billing: fixed fee, task-based, result-based, fee cap, client-based, blended rate, discount billing, time-based, volume discount, and contingent fees and includes examples of each type of billing.
It also lists the top 10 reasons bills are unpaid. 4 pages

 

[Revised: 07-28-2006]