Among lawyers, those at Big Law firms often work the most hours, with many commonlyworking 80-hour weeks, in large part because of billable hour quotas. Do lawyers work 9 to 5? What hours do lawyers work, if they’re working more than full-time? During the week, many attorneys work a...
There’s no one set of best career goals for lawyers. The best lawyer goals need to be personalized and customized to your unique situation and what’s most important to you, taking into account factors like your practice area, the size of the firm you work at, and even your personal an...
actual hours Invoice clients for hours worked Let’s look closer at each of these steps. How do you calculate billable hours? Here’s an overview of how to calculate billable hours: Let’s dive in. 1. Agree on billable tasks and rates The first step in the process is to agree on ...
Unbundled services (also called limited scope or à la carte): Limit work to specific tasks rather than helping a client through their entire case Sliding fees: Based on the client’s income and household size Sharing additional options beyond billable hours can help your law firm appeal to mor...
Billable hours are the lifeblood of most law firms, which is why accurately tracking time spent on clients’ cases is so crucial. It's also a process that's laborious, cumbersome, and incredibly time-consuming. Many lawyers wait until the end of the workday or even the workweek to account...
Another con of billable hours is the cap on fees. If not explicitly expressed in the contract, then the worker has the power to work for as long as they want, with no cap on their fees. Sometimes a service provider may argue against a cap, claiming that they do not know how long a...
6. Keep it relevant:Focus on tracking what actually matters for your goals. If you’re tracking time for client work, focus on billable hours. If you’re aiming to boost productivity, pay attention to your key projects and major time drains. Don’t get caught up in tracking every minute...
Where are employees most productive? Do billable hours increase when lawyers work remotely? Which technology tools boost efficiency rates? Analyzing your firm’s data will answer these questions and more to ensure you know how best to ensure your fee earners remain productive wherever they work. ...
Bill-As-You-Work™ Time tracking is probably the biggest challenge in legal billing, regardless of your firm’s size. Too many attorneys and their administrative staff end up wasting precious hours every month going through their email inbox and calendar to retroactively document their hours, whi...
Working life at aUS-founded law firm is not for the faint-hearted. Associates are expected to bill close to 2,000 hours a year at most top US firms to receive their bonuses. That equates to eight billable hours every working day of the year and does not include the many non-billable ...