Comment on how a combination of a 'Job Order Cost' system and 'Process Cost' system can be used for Lockhart/Gardner, LLP Law Firm with 100 lawyers to help:
a-Maximize profits
b- Control costs
c- Bill client for services (Law Firms bill on a Fixed Fee or Hourly Basis for Service)
d- Advertise and promote services
e- Determine what areas in the law firm to expand
f- Determine productivity in various areas and by various lawyers for bonuses
g- Determine an appropriate form of billing either by an hourly rate or a fixed fee