Sentences with phrase «more billable»

Far from reflecting more efficient productive output from lawyers, «productivity per lawyer» is simply higher U (i.e. fewer lawyers are being pushed to work more billable hours).

This integration can help solo and small firms capture more billable hours and take on larger cases.

In the traditional law firm model, there is immense pressure on lawyers to pound out more billable hours each year; to work harder in order to make more profit.

The premise for this resource is that many traditional law firm business models and cost management strategies (read reward more billable hours) are not aligned with what corporate clients really want and need: value - driven, high - quality legal services that deliver solution for a reasonable cost and develop lawyers as counselors (not just content - providers), advocates (not just process - doers) and professional partners.

What does the insatiable need for more billable time and the revenue it is believed to produce suggest, if not an addiction?

Are you working more billable hours than what you're earning?

Bill4Time «s mobile workflow not only saves time, but recovers lost revenue and captures more billable hours.

Simon Baun, Kammeradvokaten's Head of IT commented «Tikit Carpe Diem provides the firm's lawyers and staff with a next generation timekeeping platform that features responsive interface design, extends to any device platform allowing the firm to capture more billable hours, and is incredibly intuitive and easy to use.

Alas, somehow, another year goes by bogged down with those pesky clients and partners demanding more billable hours.

Is she docketing more billable hours than I am?

The value of being able to provide services in multiple areas of the law, and how this «holistic» approach can allow you to offer more billable services to each client

Sign up for a live demonstration of Rocket Matter, and see how your firm can capture more billable time like Broedlow Lewis LLP!

Turn lost time into revenue with timekeeping tools such as automatic timer in time entry to help you capture more billable hours.

Whether capturing more billable time or identifying areas for improved practices, GhostPractice helps you drive your practice in the direction of being more efficient and profitable.

No crisis, no sin, no crime fails to generate more billable hours for the compliance crowd.

What if, instead of demanding more billable hours, we shifted our focus instead to how to generate more profits with potentially fewer hours?

And because more functionality means more billable hours, some law firms are embracing iPhones.

Firms have been squeezing more billable hours out of their associates, abandoning less lucrative practice areas and showing the door to partners who don't bring in enough business — measures that would have been unheard of in the profession's more genteel days.

Now, gain back even more billable time by giving your mouse a rest.

«It's about freeing lawyers from mundane tasks and working more billable hours,» Barnicoat said.

How much more billable income would that produce?

Client demands for a new delivery model or the firm seeking ever more billable hours?

Make Timekeeping Relevant Most law firms» compensation structures are linked not to profits but revenues (explaining the need for more billable hours).

Expect your profits to drop until you figure out how to manage your staff effectively and efficiently (something many lawyers never do figure out), bring in more business, and do more billable lawyering.

But since that predicted value has traditionally been so hard to determine (and defense lawyers will often up the value to justify more billable hours spent on the matter), the industry is left really with no better model than something based on the actual billable hours whether that be the actual amount or some predicted amount in the case of a flat fee.

Time Tracking does not take more time but in - turn creates more billable time.

Its strategic plan will focus on how the firm can constantly grow its market share, how it can encourage more billable work from associates and non-equity partners, and how it can attract lateral equity partners with attractive books of business, all in order to increase overall partner profit levels.

Firms that do so achieve an average of 13 % more billable hours than firms that use disparate solutions.

Simplify time entry for your employees with mobile time tracking and capture more billable time.

Certainly, there will be more billable hours.

Whether capturing more billable time or identifying areas for improved practices, GhostPractice helps you drive your practice in the direction of being more efficient and more profitable.

Traditional management skills focus on concrete, and sometimes creative ways to: (1) create leverage, (2) raise billing rate, (3) create more billable hours, (4) reduce expenses, and (5) make operations more efficient and therefore more economical.

We see this mentality frequently displayed in law firm partners who prefer to record 1,800, 1,900 or more billable hours each year, in order to earn fees now, rather than devote some of that time to business development, client relations, and the professional development of others in the firm — all of which have been demonstrated to produce much greater financial returns long - term.

Reduce time spent on pre-screening activities while achieving better results, freeing up your staff for more billable work.

You can search for more billable hours and work through malpractice issues.

Re «what they get paid for», wouldn't going through the lawyers just rack up more billable hours?

The problem (if one sees it as such) seems to be equal parts identity - based («a lawyer is someone who has a secretary to do these things»); financial (there are more billables and disbursements in a dictated letter sent via regular mail and copied to file); and skills - based (lawyers who actually don't know how to write cogently).

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.

Even though engaging in some of these efforts might cost you some money, they are still more valuable to you because of the future billable hours they will create.

In practical terms, that will free up the design staff to do more creative, speculative work because it will take fewer traditional «billable» hours from the staff to cover the firm's operating costs.

He was an Afro - wearing, radical, Harvard - trained lawyer for whom causes and people were more important than billable hours and prestige.

Long hours, lots of unpaid extra work outside of billable hours, and a poor tax strategy, often not establishing pension plans and 401 (k) s.» — Dan Kalish, My Practice Plan Read More

After the billable year (3 more days!)

I've asked around a little about target billables and the bonus structure with a few more senior, but not too senior, associates in my group.

But, there's plenty more that you have to do outside of your billable hours.

With respect to client billable activity, I can speak more about US than Canadian firms.

In my view, the only factor that explains this exponential growth is that the billable hour is here to stay, and indeed, matters more than ever.

This will include strategies for making these operations and contracts more cost - effective and efficient in addition to improving your billable cost recovery revenue.»

Former Atlanta Falcons quarterback Michael Vick's bankruptcy lawyers asked the court to approve more than $ 2.6 million in fees and expenses for 7,200 billable hours of work over ten months — the equivalent of working 24 hours a day over the course 300 straight days.

As the economic model of law firms changes with the rise of alternative billing structures to the billable hour, there may be more room for creativity in providing flexibile work arrangements for lawyers.