Legal Billing: Your Basic Guide and Best Practices

CosmoLex Team

Legal Billing Guide

Successful legal billing is the lifeblood of a law firm. Without it, you can’t pay your staff or keep the lights on. Yet to up the stakes, even more, legal billing also represents a key opportunity to build positive relationships with clients. Our basic guide to legal billing best practices breaks down how you can balance getting paid on time … Read More

How do Lawyers Stay on Top of Hard Costs and Soft Costs in Legal Client Billing?

CosmoLex Team

Hard Cost vs Soft Cost

In the course of working on a matter, law firms end up covering both hard costs and soft costs for their clients at some point or another. Although different, both sets of expenses can be billed for reimbursement, as outlined in the client agreement. Unfortunately, it’s also easy to let reimbursement slip through the cracks. After all, if you’ve forgotten … Read More

Legal Billing Increments and Client Invoice Solutions

CosmoLex Team

Legal Billing and Client Invoice

When you run a law firm, positive client relations are key to building the next round of leads. There are many factors that influence how a client feels about working with your firm, but one of the most critical factors in that mix is billing. In particular, clients don’t want to feel like they’re being asked to pay for more … Read More

What Law Firms Should Know about Billing for Paralegal Work

CosmoLex Team

Billing for Paralegal Work

In 1989, the Supreme Court ruling on Missouri v. Jenkins established that law firms can bill clients for paralegal hours in accordance with the market rate, not what the paralegal is actually paid by the firm.[1] Tracking billable hours for paralegals has become a standard part of law firm culture, but it still leaves the law firm with the question … Read More