Tax Update Blog: Permalink

« Previous · Tax Update Blog Home · Next »

FUN WITH BILLING

July 26, 2006

The TaxProf poses an ethical tax puzzler for attorneys. If you are flying somewhere on behalf of a client, but work on another client's work on the plane, can you charge both?

It reminds me of the apocryphal question on the legal ethics exam:

Facts: You bill your client $100. Your client pays you in cash with a $100 bill. After you client leaves your office, you realize that the client gave you two $100 bills stuck together.

Question: Do you tell your partner?

One attorney I know likes to tell the story of a long-ago partner-in-charge who issued a memo forbidding "associates" from charging more than 24 hours of time per day. The order didn't cover partners, so they didn't have to turn in their time turners.

      Bookmark: del.icio.us • Digg • reddit