A Law Firm's Overhead Expenses, Which Are a Part of the Billing

question 116

Multiple Choice

A law firm's overhead expenses, which are a part of the billing rates of lawyers and paralegals, include all of the following except

• A) rent.
• B) utilities.
• C) supplies.
• D) personal transportation.

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Definitions:

Legitimate Power

The authority granted to an individual by an organization, recognized and accepted by members for influencing behavior.

Organization

A structured group of individuals working together towards common goals, often within a formal hierarchy.

Job Holders

Individuals currently employed in a particular position, contributing to the roles and functions of an organization.

Power

The ability or capacity of an individual or group to influence or control the actions, behaviors, or opinions of others.