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A heavy ball hangs by a string, with a second string attached to its bottom. A slow pull on the bottom string breaks the
Large and Small Firms
Refers to the size difference between law firms, affecting their structure, client base, and area of specialization.
Contingency-Fee Case
A legal case where the attorney's fees are contingent upon winning the case, typically paid as a percentage of the settlement or judgment.
Billable Hours
The hours that professionals, especially in legal and consultancy practices, charge their clients for, reflecting the amount of time spent working on client cases.
Nonbillable Hours
Time spent by professionals, like lawyers or consultants, on activities that cannot be directly charged to a client.
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