billing rates
Professional service prices
Billing rates are the hourly or per-unit charges professionals or firms set for their services.
Lawyers, consultants, accountants, and contractors typically quote billing rates to clients before beginning work: Her billing rate is $350 an hour.
Rates vary by experience, specialty, and market—a senior partner's billing rate exceeds an associate's.
The term appears in negotiations, invoices, and contracts.
- invoiceItemized billing statement
- service agreementTerms governing provided work
- consulting feesPayment for expert advice
- legal feesPayment for counsel
- payment termsWhen and how to remit
net 30 · cost analysis · tiered pricing · fee structure · engineering services · contract negotiation · scope creep · subscription model · expense tracking · tax implications · accounts receivable · revenue stream · budgeting · billable hours · cash flow management · profit margin · time tracking · dispute resolution
- feesfee, fees, service fee, service charge, flat fee
- contractsbinding contracts, contract length, lease, clause, contract terms
- legal feeslegal fees, attorney fees, legal costs, fees, retainer fees
- phone rateslong distance, roaming charges, toll charges, roaming fees, overage charges
- legal compensationattorney fees, legal fees
billing ratesflat fee
Unchanging service charge
salary · fixed price · retainer · stipend · commission
billing ratescosts
Amounts required to pay
expenses · overhead · outlays · expenditures · accounts payable
billing, rates, bill, rate, billed, biller, bills, rated, rater