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Slorach et al: Legal Systems and Skills 3e

Chapter 16: Self-test questions

Instructions

Answer the following questions and then press 'Submit' to get your score.

Question 1

Lawyers need to provide a good service to their clients. Which one of the following will a business client not expect from his lawyer?

Question 2

Law firms draw up accounts in the same way as any other business does. Which one of the following is an expense for a law firm which is run as a partnership?

Question 3

What is PEP?

Question 4

Law firms may aim to do specialist work. Which one of the following best describes low volume, high value work done by highly paid specialist lawyers?

Question 5

Which of the following describes the time it takes a law firm to produce a bill from the time when the work is done until the time when the firm is paid?

Question 6

Law firms use a variety of pricing structures. In relation to these, which one of the following statements is correct?

Question 7

Which one of the following is most likely to ensure that fee earners in a law firm are fully utilised?

Question 8

Which one of the following statutes allowed for deregulation of the legal profession?

Question 9

What percentage of law firms operate as sole practitioners?

Question 10

Which one of the following is the term for the top 5 elite City firms?