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CLM Certified Legal Manager VIP Practice Exam
CLM — The CLM (Certified Legal Manager) credential is issued by the Association of Legal Administrators (ALA); the real exam consists of approximately 200 multiple-choice questions administered over 4 hours, covering Financial Management, Human Resources Management, Operations Management, Legal Industry/Business Management, and Communications & Organizational Management.
53
Questions
240m
Time Limit
70.00%
To Pass
Question 1 of 53👑 VIP
A mid-size law firm's managing partner asks you, the legal administrator, to prepare a realization rate analysis for the past fiscal year. The data shows that attorneys billed $4,200,000, clients were actually invoiced $3,780,000, and the firm collected $3,213,000. What is the firm's collection realization rate, rounded to the nearest whole percent?
Questions 2–53 and full explanations are VIP-exclusive.