Why do some firms prefer a fee structure other than an hourly rate?
A) corporate clients are demanding it
B) an hourly rate is too difficult to calculate
C) an hourly rate does not compensate the firm for an attorney's expertise
D) all firms charge an hourly rate
E) all firms use an alternative fee structure
Correct Answer:
Verified
Q7: A firm's fee structure must maximize profitability.
Q8: When determining a reasonable fee,which of the
Q9: What type of case may be taken
Q10: A lawyer may not share legal fees
Q11: Blended hourly rates encourage the use of
Q13: Corporate legal departments prefer task-based fees because
Q14: Which of the following retainer fees are
Q15: A modified contingency fee is
A)based upon the
Q16: An attorney's fee award may include costs
Q17: Gratuitous referral fees are
A)prohibited by most states
B)paid
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