Read the following statement and select the correct option.

The term billable hours exclude the time spent on:

Lesego is a paralegal working for a law firm. She is currently registered for the LLB degree at UNISA. Lesego struggles to pay for her studies and is getting more desperate by the day to earn more in order to meet financial demands. She reports directly to Kabelo, who is an attorney at ABC Law Firm. She convinces Kabelo to let her recruit additional clients for the law firm and Kabelo agrees to pay Lesego seven per cent of the legal fees for those new clients’ cases when completed. Lesego realises that the money earned in this manner will be far too little to assist her in her needs and she decides to add extra hours onto the newly recruited client’s bill, in order to make more money.

Which of the following correctly describes the relevant principles that apply to this scenario?

Read the following statements and select the correct option.

A law firm where one attorney works for his/her own account is known as:

Read the following scenario and select the correct option below.

Jane wants to sell her car to Saul for R 100 000. She asks her attorney to draft the contract of sale. Her attorney is willing to do so but requires a deposit of R10 000. After receiving the deposit of R10 000, the attorney drafts the contract of sale. Both Jane and Saul are happy with the contract and sign it. The contract requires that Saul pays the full purchase price of R100 000 into the attorneys’ trust account. After Saul pays the R100 000 to the attorney, the car is then transferred to Saul’s name. The contract of sale stipulates that Jane is responsible for all the legal costs. The attorney delivers the invoice to Jane for R5000 in legal fees and R500 for expenses (telephone calls and postage).

What is the total amount of money the attorney received in the trust account?