Sentences with phrase «of billable time»

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.

The device uses a nice looking flip - clock timer to let you keep track of the billable time spent on a project.

The consulting attorney is usually a relatively small additional expense, requiring only a limited amount of billable time.

I use the mobile app to add time entries for calls that I've taken outside the office so I don't miss a minute of billable time.

For instance, should you record eight hrs of billable time each day only six of individuals eight hrs are compensated through the client, your realization rates are only 75 %.

In a field where every second counts, losing three quarters of your billable time every day can be a death sentence.

It is true that many associates and partners are compensated by measuring their productivity in terms of their billable time.

Some consider it a big waste of billable time and urge people not to waste their time, while others swear by it for all their business development efforts.

You're pushing four hours of billable time lost.

Working outside of the office, however, makes it easy to lose track of billable time.

Time Miner eliminates the hassle of manual, contemporaneous methods most attorneys use to keep track of billable time spent on their smartphones.

The data also revealed that the average firm collects payment on only 1.5 hours of billable time per workday.

The right time and billing application can assist a timekeeper with these tasks and can even help capture more of their billable time.

The client usually pays an initial «retainer» — also known as an advance fee deposit — to cover a certain amount of billable time up front (say $ 5,000 or $ 10,000).

We decided at the last partnership meeting (which you missed because you were in Dubai with the CEOs of XXXX) that you're not a good lawyer because you docketed only 10 hours of billable time last year.

The ability to track time in MyCase and bill on the go using your mobile device means you'll never lose track of billable time again!

With the move to Expert Time Management, the accuracy and efficiency of billable time entry has increased.

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.

But to a lot of people, the recent announcement by JP Morgan that they plan to replace 360,000 hours of billable time with their new contract review software (COIN for Contract Intelligence) seemed to be a huge shock.

By contrast, Gura lost more than six full weeks of billable time for the six years that he handled the case.

50 % x 87 % (the rate of billable time spent which gets billed) x 82 % (the amount of time billed that gets collected) Really?!!? 36 % of the average lawyer's day produces revenue (and often at discounted rates).

Jack spoke about what we can learn from looking at the billions of data points analyzed and reported on in the 2017 Legal Trends Report, and how the story has stayed largely the same from last year's report: Lawyers only work 2.3 hours worth of billable time each day — which begs the question, «Where do the remaining 6 hours go?»

One - click time tracking that means you never lose a minute of your billable time... Sexy reports with transparent billing... Toggl anywhere with multiple device access so you can track time on the move.

Worse, when factoring in realization and collection rates, firms only collected an average of 1.6 hours of billable time per day.

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.

By taking this class I learned not only how to use QuickBooks for basic bookkeeping but also how to keep track of billable time, to generate invoices for clients and other features.

That's a figure that can be easily covered with a few hours of billable time.

Because firm revenues are based on billable time, associates are rewarded for recording large amounts of billable time and punished (subtly or overtly) for recording small amounts of billable time.

«These mobile time - tracking tools make it possible to track your time and enter it contemporaneously, ensuring that you capture — and charge for — all of your billable time.»

You read that correctly: Applications designed to «capture — and charge for — all of your billable time» are an important part of what's considered «legal technology».

For starters, make sure to capture all of your billable time by using a time - tracking tool.

But three minutes over the course of the year results in 13 hours of billable time.

The idea behind this app is that, depending on your billable hour, if you're able to capture just a few tenths of an hour of billable time each month that you would have otherwise missed, the app more than pays for itself.

is a time recording app that allows users to easily record and keep track of billable time.

Bill4Time is a time recording app that allows users to easily record and keep track of billable time.

Just how many hours of billable time have the attorneys at Broedlow Lewis gained since making the move to Rocket Matter?

In the legal industry, using software to «capture — and charge for — all of your billable time» amounts to a tech «innovation».

It described the latest and most advanced software for, «ensuring that you capture — and charge for — all of your billable time.»

For some businesses, more than 30 % of billable time is lost due to poor timekeeping.

On the flip side of plaintiffs» work, those working from the defense perspective must track all of their billable time and meet daily, monthly and yearly billable quotas.

Participants have 6 minutes (as in one - tenth of an hour of billable time) and 20 slides, which rotate every 18 seconds, to convey their ideas on this year's theme - disruption.