Law firms keep track of billable time by requiring legal professionals to submit time slips and usually require attorneys or paralegals to generate a minimum number of billable hours per year. The reason for requiring a minimum number of billable hours is
a. To accurately bill clients
b. To subject legal professionals to a significant amount of pressure
c. That the financial well-being of the firm depends on the number of billable
hours generated by its employees
d. That only billable hours can be billed to the clients
C
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Which of the following is NOT true about OR and accountability?
A. Many critics argue that OR is a ploy of corporations to “look” good. B. Information about organizations and their policies and actions can now be accessed around the globe almost without delay. C. The line between internal and external stakeholders is becoming increasingly clear in today’s organizations. D. Today’s organizations are boundaryless and global.
If a trust does not have all five elements to make the trust valid, the trust will fail and property will be distributed through a ___________clause or by intestate succession.
Fill in the blank(s) with the appropriate word(s).
A first party insurance claim is one made by
a. the tortfeasor. b. the insured. c. the first party to file. d. the plaintiff.
A(n) __________________ is required to maintain a record of the proceedings before it, including a word-for-word account of what occurred.
Fill in the blank(s) with the appropriate word(s).