Even for a brand new solo practitioner with no support staff in place, it’s a good idea to have a pre-established paralegal billing rate. That way, you’re ready when the time comes to hire a paralegal or retain a paralegal support service. Add it to your retainer agreement, so it’s there and ready for each new client or matter. If you’re looking to retain a freelance paralegal or paralegal support service, keep in mind that the paralegal’s billing rate is not your billing rate; it’s the rate it charges the attorney or law firm for the support provided. What the attorney or law firm recharges to its client(s) is up to the attorney or firm and should be billed at the firm’s own paralegal billing rate. Do you have a paralegal billing rate for your practice?
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