What is the importance of maintaining accurate timekeeping records in a law office? How do timekeeping records benefit both the law firm and the client?

What will be an ideal response?


Accounting records are important to maintain for the clients, who expect accurate billing statements. In addition, the courts expect accurate reporting with regard to escrowed funds and settlement proceeds. Taxing authorities expect accurate records with regard to deposits of payroll taxes and the filing of tax returns.

Legal Studies & Paralegal

You might also like to view...

Realistic job previews lead to all of the following outcomes EXCEPT ______.

A. increased satisfaction B. increased chance of accepting positions C. decreased turnover D. increased job performance

Legal Studies & Paralegal

As a general rule, an e-mail exchange to purchase real estate satisfies the requirements of the statute of frauds

a. True b. False Indicate whether the statement is true or false

Legal Studies & Paralegal

What work is protected by the work product doctrine? Give examples of protected and non-protected documents or materials

What will be an ideal response?

Legal Studies & Paralegal

An enabling statute allows (enables) an administrative agency to carry out specified delegated powers.

Answer the following statement true (T) or false (F)

Legal Studies & Paralegal