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A member in public practice shall neither receive from,nor pay to,a client a commission when the member or member's firm also performs certain services for that client.Are commissions allowed if the CPA performs
Legal Fees
The charges or payments made to lawyers for their professional services, which can include hourly rates, flat fees, or contingent fees.
Retainer
An advance payment made by a client to a law firm to cover part of the legal fees and/or costs that will be incurred on that client’s behalf.
Keeping Clients Informed
The responsibility of lawyers to regularly update and communicate with their clients about the status and developments in their legal matters.
Billing Statements
Documents issued by a creditor to a debtor detailing the transactions, payments, and outstanding balance for a specified period.
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