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How to Assure You Get Paid: The Process That Works

Strategies to ensure law professionals are paid fairly and on time.

Nearly all private practice attorneys work for a fee. Whether that fee is hourly, contingent, or flat, nearly all attorneys require payment for their services to survive. Yet, very few attorneys can claim a 100% realization rate on their fees charged (a fancy term for defining what percentage of your billed work is ultimately paid). Whether it was a failure to observe red flags with the client during intake, or failure to properly monitor the accounts receivable during the representation, many holes exist that, if plugged, would increase an attorney's realization rate. This topic will assist in identifying these issues and provide recommendations on how to remedying them. In addition, this information will identify some ethical issues that can arise relating to fee agreements. The material will conclude with a description of the process to undertake if a client fails to make their agreed upon payment for legal services.

61 minutes
Certificate of Completion
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Overview

Client Intake

  • Engagement Letter
  • Budget
  • Retainer or Advanced Fee Deposit

Ethical Concerns With Fee Agreements

Communication With the Client

  • Timely Billing
  • Timely Follow-up on Receivables

Internal Safeguards for Monitoring Receivables

  • Policies
  • Automated Alerts

Enforcement

  • Withdrawal as Counsel
  • Collections Efforts
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

Applications have not yet been submitted for Delaware, Idaho, Kentucky, Maine, Oklahoma, South Carolina, and Wyoming CLE for this course. However, if you are interested in obtaining CLE for any of the listed states or have any additional credit questions please email us at [email protected] or call us at 866-352-9540.

This course was last revised on December 19, 2019.

Call 1-866-352-9540 for further credit information.

  • AR CLE 1.0
     
  • This course has been approved for 1.0 hours of CLE by the Arkansas CLE Board.
     
  • CA MCLE 1.0 including Ethics 0.25
     
  • Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.0 CLE hours of participatory credit, of which includes 0.25 hours of ethics credit.
     
  • NC CLE 1.0 including Ethics 0.25
     
  • This program has been approved by the North Carolina State Bar Board of Continuing Legal Education for 1.0 CLE hours, including 0.25 hours of ethics credit.
     
  • NM CLE 1.0 including Ethics 0.2
     
  • This program has been approved by the New Mexico Minimum Continuing Legal Education Board for 1.0 hours of credit, including 0.2 hours of ethics credit.
     
  • OH CLE 1.0 including Professional Conduct 1
     
  • This course has been approved by the Ohio Supreme Court Commission on Continuing Legal Education for 1.0 CLE credit hours, including Professional Conduct for 1.00 hour. Please note: Not more than twelve (12) hours of self-study CLE credit for any biennial reporting period may be earned by an Attorney or Judge under Regulation 409.2. To fulfill CLE requirements for self-study, web-based programs, you must complete 100% of the polling questions during the program. Your hours will be filed electronically within thirty (30) business days by Lorman Education Services provided you fulfilled 100% attendance and polling questions answered.
     
  • WA CLE 1.0 including Ethics 0.25
     
  • This program has been approved by the Washington State Board of Continuing Legal Education for 1.0 hours of A/V credit, including 0.25 hours of ethics credit.
     

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

Virginia MCLE requirements do not allow approval for programs that do not include an audio or audiovisual component.

This program was previously offered as a live webinar. Virginia MCLE requirements do not allow approval for attendance at duplicate programs.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Jefferson Hayden

Jefferson Hayden

Gammage & Burnham, PLC

  • Partner in the office of Gammage & Burnham, PLC
  • Practice emphasis in litigation, with a focus in collections, real estate, commercial, health care, and ethics
  • J.D. degree, Washington University in St. Louis; B.S. degree in operations research and industrial engineering, Cornell University
  • Can be contacted at [email protected] or 602-256-4406
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!


  • OnDemand Courses
  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 406760
Published 2019
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Available in Multiple Formats

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