New Mexico compliance baked into the template
- Sales tax: 4.88% state rate. Applies to services rendered. GRT (gross receipts tax) 4.875% applies broadly including services.
- Late fees: Up to 1.5% per month under N.M. Stat. §56-8-3. Default 8.75%/yr; contract rates allowed.
Attorney invoice fields
- Hourly billing — hour, default $350
- Flat fee — service — flat
- Filing fees (cost advance) — itemized
- Trust deposit (IOLTA) — flat
State
NM
Avg invoice
$2,800
Net terms
30 days
Deposit
100%