Semester 1 Exam Study Guide PT 1

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

• Timekeeping and billing

• Timekeeping

• Record-keeping

• Billing

_____________ is the process of tracking how attorneys and paralegals use their time.

• Timekeeping and billing

• Timekeeping

• Record-keeping

• Billing

Client, blended, activity, and attorney/paralegal rates are all forms of this type of fee agreement.

• contingency

• flat fee

• hourly rate

• retainer

The ______________ is based on a single hourly rate for the case.

• client hourly rate

• retainer agreement

• attorney/paralegal hourly rate

• contingency fee

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

• blended hourly rate

• client hourly rate

• attorney/paralegal hourly rate

• activity hourly rate

A fee agreement used in representing plaintiffs in personal injury cases, workers’ compensation cases, and medical malpractice cases is called a(n) _________________.

• retainer fee

• earned retainer fee

• unearned retainer fee

• contingency fee

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

• personal injury

• workers’ compensation

• criminal

• none of the above

This type of fee is used most often when preparing wills or in uncontested divorces.

• contingency

• flat fee

• hourly rate

• retainer

A cash advance is an example of a(n) ______________________.

• case advance fee

• retainer for general representation

• earned retainer fee

• unearned retainer fee

A “nonrefundable retainer” usually means the retainer is a(n) ________________________.

• case advance fee

• retainer for general representation

• earned retainer fee

• unearned retainer fee