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Value-Based Billing Policy

Some of Traverse Legal's customers prefer to be billed on a time-based system, where hours are tracked and billed to the client at a specific hourly rate.  Some cases are best suited for time-based billing.  Unlike most other firms, Traverse Legal does not bill for every activity and task associated with the handling of a matter for a client. 

The following is a list of items that we do not charge to clients:

  • Transmittal letters which do not contain significant legal analysis or recommendations.
  • Short phone calls that do not lead to immediate legal work.
  • Update or general information calls to or from client.
  • Any activity that does not add value to client’s immediate matter.
  • Any activity which deals with general information about the client.
  • Any activity which does not work towards resolution of the client’s problem.

Things that we do bill for:

  • Any activity which provides specific value to a specific client problem.

August 17, 2005 in Value-Based Billing | Permalink | Comments (0)