Billing Statements (Par Clause Samples
The 'Billing Statements' clause outlines the requirements and procedures for providing detailed invoices or statements of charges to a client or customer. Typically, this clause specifies the frequency of billing (such as monthly or upon completion of certain milestones), the information that must be included in each statement (like itemized services, dates, and amounts), and the method of delivery. Its core practical function is to ensure transparency and accuracy in the billing process, helping both parties track payments and resolve discrepancies efficiently.
Billing Statements (Par. This optional paragraph is intended for use in the event the client is to pay costs as the litigation progresses, rather than deducting all costs from the recovery.