Sentences with phrase «in billable»

There are so many kinds of assets, and the preparation of wills that are not standard fare can be extremely costly just to set up, requiring weeks, and sometimes months in billable make ready hours.

Any interaction with the courts will cost you in billable hours.

Further, the training takes attorneys out of the office for two days, and many attorneys are not willing to suffer that loss in billable hours.

They will no longer be able to participate in the billable items detailed as part of the health assessment — only an Aboriginal Health Practitioner (AHP) or practice nurse is able to assist the medical practitioner under supervision.

Field lead for multiple FDOT environmental assessment projects with a total of over $ 5 million in billable revenue.

In 5 years contributed to the expansion of business by over $ 1.5 million per month in billable revenue.

The gap in [median] compensation of male and female equity partners can not be explained by differences in billable hours, total hours, or books of business.

11 May 2011 in Billable hours, Hourly billing, Law - firm business model, Lawyers and lawyering, Practice management, Value pricing Permalink

The momentum has been growing slowly for years but it seems in - house counsel are ready and want to trade in the billable hour model for something more progressive.

This sends an alert through to the wearer every six minutes to remind them to record their time, while also sending further and more intense alerts through if they have fallen behind in their billable hours.

We outlined a number of initiatives that we believe that firms could usefully think about either as a precursor to or at the very least in conjunction with the deployment of AI or indeed any technology for that matter the will result in certain work streams being undertaken more efficiently, for which one can almost inevitably read, a reduction in billable hours.

It's like finding money in the couch cushions, except instead of two quarters and a stale corn chip you find an additional $ 200 in billable hours each week.

July 24, 2008 in Billable Hours, Personal Growth, Work Life Balance Winners Permalink Comments (0) TrackBack (0)

Many firms assist this transition with a reduction in billable targets for a short period of time or greater flexibility around work arrangements.

The majority of partners are in the first camp: They served their time in the billable trenches, they were acceptably good at what they did, they'd outgrown associate status and they expected the firm to render a verdict on their many years of labour.

To quantify the amount of work, if we put it all in billable hours, we've crunched some numbers and it would be hundreds of thousands of dollars, so it's pretty amazing.»

Generally, respondents said they were willing to accept a pay cut equal to the percentage reduction in their workload, but 15.1 % said that for a 20 % cut in billable hours, they would be willing to sacrifice 25 - 30 % of their pay.

Further, the training takes attorneys out of the office for two days, and many attorneys are not willing to suffer that loss in billable hours.

Using machines instead of associates to perform this type of work could result in a 13 percent reduction in billable hours, according to research from the University of North Carolina School of Law.

These numbers are consistent with results from the 2006 AmLaw Midlevel Law Firm Associates Survey we summarized in an August 2006 post in which 45 % of respondents stated that they would take a 25 percent pay cut in exchange for a 25 percent cut in the billable hours requirement.

However, to truly know where you stand, you'll need to look at the real hourly rates included in the Billable Hour Index.

But that doesn't mean you twiddle your thumbs or spend hours on Pinterest: You're on your time, and time really is money when you're living in a billable hours world.

Your will literally see an increase in your billable hour.

Project management can therefore help achieve every lawyer's ultimate goal in every billable matter: a satisfied client who pays the bill.

Become flexible in the billable hours and how and where work must be performed.

We don't believe in the billable hour.

Also, as she compared a large national firm with a local real estate boutique, she found «[t] he difference in billable hours at the partner level was almost $ 400 an hour.»

The firm has also reported a 35 per cent increase in billable hours, thanks in part to its push on improving cross-border work with other offices.

A recent problem for parties is that the expense for arbitration has been on the rise due to the rise in billable units of time charge for professionals» fees.

It's all too easy to get caught up in the billable hours and intensity of your regular, day - to - day work.

Have clients become so entrenched in the billable - hour concept that they don't realize that there's a better way?

Michelle: The moment they ask and that then when they did eventually decide to go ahead and go to a reduced hour schedule, that they ended up getting their billable hour and their pay level did not meet, as in the billable hour was let's say 85 % but the pay was 75 %.

When you avoid exploring an integrated software solution, you're missing out on higher client satisfaction, more referrals, and an increase in billable hours.

Time is measured in billable hours.

And in this post, she features a letter by trial lawyer, Mark Solomon, who is also a partner in the The Billable Hour, who writes that one reason that so many law students grow frustrated in law school is due to the lack of practical training.

It requires pulling back on marketing projects in order to allow for business development activities to help bring in the billable work.

Their data show that on average lawyers in this sample only engage in billable work 2.2 hours a day.

You will be exposed to a range of practice areas and take part in billable client work and pro bono projects.

In addition to being exposed to a wide range of practice areas, our summer associates take part in billable client work and pro bono projects.

Clyde & Co has introduced a new policy that will see UK fee earners allowed to include up to 50 hours of pro bono work in their billable hours targets.

Clients have been resistant to incurring training costs for a number of years, which reveals itself in the billable hour performance and realization rate for associates.

Still, with so much time wasted on billable hours and the lack of incentives for efficiency inherent in the billable hour, I'd be curious to see what might happen if an alternative, even one like the McKinsey model, were implemented for large firm practice.

They may provide simple drafting, proofreading or administrative tasks, but ultimately success is measured in billable hours, rather than in improving and properly training junior lawyers, hence enabling better work to be done at lower rates.

A couple phone calls and emails later the lawyer turned my abstract and $ 10,000 in billable hours into what you see at that link.

The key point, though, is that by screwing up and releasing a system with lots of bugs, they guaranteed themselves an increase in billable hours, revenue, and - presumably - profits.

The key point, though, is that by screwing up and releasing a system with lots of bugs, they guaranteed themselves an increase in billable hours, revenue, and profits.

Insiders felt that «it's an excellent opportunity to work on assignments that you wouldn't be responsible for in your billables for a number of years.»

To address these questions, eight Clio data scientists examined 1,026,038 matters, 10,981,286.13 hours billed, and $ 2,562,864,876.43 in billables to create this year's Legal Trends Report.

You'll never forget to record that email in your billables again!

Not exact matches

As Dr. Gunther Klaus, the famed management speaker tells us, the second most valuable thing anyone can do with their time is to invest in marketing efforts that will generate more future billable hours related to their most valuable skill.