Final answer:
Lawyers bill their clients primarily through three methods: hourly rates, flat fees, and contingency fees. The hourly rate method is the most commonly used, as it applies to a wide range of legal services.
Step-by-step explanation:
Lawyers typically bill their clients using one of the following three methods:
Hourly Rate: Lawyers charge for the actual time spent on a case, billing in increments—usually six minutes or one-tenth of an hour. This is the most commonly used billing method.
Flat Fee: A lawyer may charge a fixed fee for specific services, such as writing a will or handling a straightforward real estate transaction.
Contingency Fee: The lawyer receives a percentage of the client's award or settlement in a case, typically used in personal injury cases.
The Hourly Rate method is the most commonly used among these options because it provides a straightforward way to bill for variably timed legal services.