You are a law clerk working at Michael, Eliad 8: Redford LLP and havejust spent 78 minutes researching legal precedents.
“You are a law clerk working at Michael, Eliad 8: Redford LLP and havejust spent 78 minutes researching
legal precedents. You will need to:” Add 78 minutes to your dockets and ensure that the contingency fees
are added Add 7.8 to your dockets Add 1.3 to your dockets None of the above
Which of the following statements about disbursements is FALSE? Disbursements are expenses incurred by the law firm on behalf of a client HST must always be paid on a disbursement Disbursements incurred on a client file will appear on the invoices for that file A disbursement is paid to a third party or can be an internal cost incurred by the firm in respect of a client matter
Belinda has retained Michael, Eliad & Redford LLP to represent her in a claim against her neighbour Joe in connection with damages she suffered when she slipped on his icy walkway and suffered a concussion. Belinda has now entered into a retainer agreement with Mr. Redford whereby she has agreed to pay his hourly rate of $525.00 plus HST, and she provided a financial retainer of $2,500.00 which is now held in the firm’s trust account. Mr. Redford would like to send Belinda an interim bill for the 1 hour and 36 minutes he spent last week on the file to draft the Statement of Claim. Once the file has been billed (inclusive of HST), how much of Belinda’s retainer monies will be leftover in in the firm’s trust account? a. $840.00 O b. $949.20 O c. $1,550.80 O d. $1,660.00
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