Blended Rate is typically calculated by taking Total Bill Dollars and dividing it by Total Bill Hours. The Client is probably trying to get you to reduce the total time worked by the Partner. How you handle this situation depends on firm procedures and compensation formulas, but you could set up a rate code for each attorney equal to the quoted blended rate, or you could just use your normal rates and check the blended rate at each billing.
We have a client that has quoted a blended rate for one of our cases. What is this?
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