Sentences with phrase «associate salary expense»

In this fashion, the firm can control its budget and the percent of associate salary expense relative to revenue and total expenses.

Not exact matches

The state calculates the money associated with each teacher and instructional - support unit for every school based on four factors: the costs of teacher salaries, employee benefits, classroom support, and other current expenses.

«Quality and state spending on pre-K are also higher in states with salary parity policies... Moreover, we see no evidence that salary parity and the associated higher earnings for pre-K teachers comes at the expense of coverage, as the share of the four - year - old population enrolled in states with salary parity policy is statistically level with that of states without parity policy.»

«When you consider the expenses for adding an associate, you must realize that it is much more than just salary and benefits,» Colon stressed.

Consider that secretaries and document processing are typically a firm's third biggest expense after associate salaries and rent.

Before moving on to how this analysis can be used for pricing there is the obvious caveat: The allocation of expenses between fixed and variable is an important exercise and not a simple one as some expenses will be seen as both fixed and variable — e.g. associates and staff salaries — because they can't always move on a timely basis with changes in revenue.

Profit squeeze: Mid-size law firms will continue to be affected by a «profit squeeze» resulting from (a) increased overhead due to higher associate and staff salaries and benefits; (b) higher automation costs, professional liability insurance and marketing expenses; (c) partners» unwillingness / inability to increase hourly fee rates for «commodity» type work to off - set higher overhead; (d) enhanced client scrutiny of hourly rates, hours to produce work and lawyer and paralegal staffing of work assignments; (e) pressure by corporate counsel for law firms to absorb more of the «soft costs;» (f) slower paying clients, that affect cash flow and hence the availability of distributable dollars for partners; and (g) a great many mid-size law firms are burdened with higher debt.

Even if associates pay the salaries of their personal assistants, you incur some of the assistants» expenses: desk costs, utilities, copying, and office supplies.