Not exact matches
By the
time an
attorney has spent a few hours writing about a topic, and the article has been reviewed, edited and finalized, the cost - in terms of
billable hours invested and out - of - pocket expenses incurred (e.g., ghostwriter)- can run anywhere from several hundreds to several thousands of dollars per article.
For a $ 350 monthly investment — less than two
billable hours for most
attorneys — you can recoup 10 or more hours of
billable time per month.
Just a few of their efforts and costs are: having
attorneys and legal staff spend
billable time on the non-
billable hiring process; your salary and benefits; payment to a legal recruiter (if you're using a headhunter); and the costs of training you (again, this takes considerable
time away from your bosses»
billable work).
Salaries and bonuses frequently are based on meeting and beating
billable hour quotas; therefore,
attorneys and paralegals have little incentive to invest valuable
time in nonbillable work.
The PSL model offers many benefits but is costly: PSLs bill little
time but are paid roughly three - quarters of the compensation of comparably tenured
billable attorneys, and the largest firms typically hire dozens.
Firm management vs. personal production: Managing partners or other
attorneys with administrative responsibilities may often have a difficult
time producing the same
billable hours as
attorneys without such responsibilities.
Before billing by the hour became the standard, guess what the ABA considered to be a full year's - worth of
billable hours for a full -
time attorney?
HAMALENGWA — Findings of Professional Misconduct — While representing a difficult client who was charged with first degree murder, the Lawyer was eligible to bill the Ministry of the
Attorney General for fees and disbursements pursuant to a Fisher order — The Lawyer's accounting, billing and docketing systems were deplorable and bore no relationship to his billings to the Ministry — The Lawyer engaged in professional misconduct by billing the Ministry for attendances at court when he had not attended or attended for less
time than he claimed; overbilling for legal research; billing for services that were not properly
billable as legal services; overbilling for student assistance disbursements he had not incurred; overbilling for fees and disbursements that were not fair and reasonable; and submitting a document to the Ministry purporting to be an invoice from a student working under his direction when the invoice was not prepared by the student and the services were not rendered as described in the document.
This helps ensure that every
attorney in the law firm is using their
time wisely, all while
billable hours are recorded accurately.
The same 2017 Report showed in its own reporting on lawyers» charges to clients that the prevailing approach consists in hourly fees: In each of the 9 charts reporting lawyers» charges to clients the 2017 Report described
attorneys» charges for their services as «Lawyers
Billable time [my own italics]» (ditto for all 11 such charts contained in its 2018 successor report).
Attorneys having the ability and interest in business development will be given the opportunity to develop additional business; their annual
billable hours and dollar budgets are reflective of the decision to allow them to spend more
time marketing, etc..
As
attorneys struggle to keep up with
billable hours, legal research, case strategy, trial preparation, court proceedings, and other critical tasks, they look more and more to their paralegals for help in evaluating the resources needed to handle the workload, save
time and function efficiently.
According to internal LexisNexis data, solo and small firm
attorneys, are missing out on up to 40 percent of their actual
billable time due to inefficient
time tracking and billing practices.
Time Miner eliminates the hassle of manual, contemporaneous methods most attorneys use to keep track of billable time spent on their smartpho
Time Miner eliminates the hassle of manual, contemporaneous methods most
attorneys use to keep track of
billable time spent on their smartpho
time spent on their smartphones.
Praise him for doing good deeds for homeowners who have fallen on hard
times while simultaneously keeping the banks»
attorneys busy churning those
billables in an attempt to minimize damage caused by the sh*t storm he started.
The question Mr. Glater and the
Times could have asked and answered (and didn't) is why so many
attorneys are carving out precious
billable minutes to write and to read blawgs.
Another consideration:
attorneys may not be sufficiently recording and capturing their
billable time.
«Our goal is to eliminate the pain and frustration for
attorneys associated with logging
time, which saves the firm money by decreasing administrative costs and increasing revenue by capturing
billable time that was previously lost,» Volm said.
Not only does it take the burden off of the
attorney to be bogged down in
time timely administrative work, but it also allows lawyers to focus on
billable work.
It's important to note this particular equation, only examines gains purely by measure of
billable time, where the report also found law firms with practice management solutions function at a ratio of
attorneys to support staff of 2.8:1.
Miami, FL — April 17, 2018 — PracticePanther and Tali announced today a direct integration between the two platforms to facilitate
time tracking, and thus the management of
billable time, for
attorneys everywhere.
Just how many hours of
billable time have the
attorneys at Broedlow Lewis gained since making the move to Rocket Matter?
These observations, she adds, was the inspiration behind Money Finder, a feature in Firm Manager that helps
attorneys capture and uncover up to 40 % more of the
billable time that most
attorneys miss.
Attorneys who work 60 % or 80 %
time are eligible for partnership; family and medical leaves come with reduced
billable - hour targets (but full bonuses).
Reduce firm salaries and
billable hours requirements by half, across the board, while at the same
time doubling salaries for public defenders, legal aid
attorneys, non-profit
attorneys and all other «public interest» practitioners.
For less money than most firms typically spend to send their
attorneys out of the office to attend CLEs and for fewer lost
billable hours, you can have an in - house ethics CLE tailored to your firm's practice areas, and earn CLE credit at the same
time.
Billable hours are a fine balancing act, and
time spent researching can easily start to accumulate, even for an experienced
attorney, when
If you are a supervising
attorney or administrative manager at a law firm, no doubt one of your biggest headaches is getting your firm's
attorneys to input their
billable hours on
time.
This means that
attorneys may lose an opportunity for additional
billable hours attributable to support staff when hiring outsourced workers since they can not charge hourly paralegal fees to clients, but virtual workers and legal process outsourcers can still help
attorneys save money by giving
attorneys more
time to add
billable hours for actual legal work and reduce overhead costs and employment expenses.
Attorneys at this firm work hard at
times, but
billable hours requirements are reasonable.
The act of research itself consumes
attorney time, the
billable unit of legal service.
Entered
attorney billable time and aided in preparation and review of monthly bills to clients
• Demonstrated ability to prepare and revise legal correspondence and memos • Focused on handling highly confidential information with discretion and integrity • Committed to organizing and prioritizing cases according to their nature of urgency • Adept at handling research work using legal references and Internet resources • Particularly effective in maintaining
attorneys» schedules and handling appointments • Familiar with court rules and filing procedures and making service on opposing parties • Proficient in using online services such as Westlaw and Lexis for legal research information • Documented success in generating revenue by documenting and inputting
attorney's
billable time and reimbursable expenses • Strong organizational skills aimed at ensuring that clerical and administrative support is constantly available to
attorneys • Qualified to dig out precedence information and assist in building up cases • Expert user of Power Point, Word and Excel to assist in creating presentations, handling correspondence needs and developing spreadsheets • Exceptional knowledge of using email applications to correspond with clients and ability to type 90 words per minute
Searching for those documents cost clients tremendous
time and money while, when received, the requesting
attorney will spend countless
billable hours meticulously combing through the documents.
The consulting
attorney is usually a relatively small additional expense, requiring only a limited amount of
billable time.