Billing Rate
/ˈbɪlɪŋ reɪt/
Definitions
- (n.) The amount charged by a professional, typically a lawyer or consultant, for one hour of service.
The attorney's billing rate for the case was $300 per hour.
Forms
- billing rate
- billing rates
Related terms
See also
Commentary
In legal contexts, billing rates are frequently negotiated and documented in fee agreements; clarity in specifying the rate and applicable circumstances is essential to avoid disputes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.