Sentences with phrase «one's billing rates»

The average hourly billing rate for paralegals was more than $ 150, with rates for most positions exceeding $ 175.
Firms are reporting or planning an increase of four per cent in standard hourly billing rates for 2011.
Watch for other articles with more details and discussions of the results of the average billing rate survey — including details about billing practices, discounts and more.
At the current hourly billing rate of $ 34 / hr, for a 40 hour work week, your take home pay is usually around $ 950.
While law firm associates receive terrific supervision and instruction, that training is subsidized by higher billing rates.
Next we will look at the average hourly billing rates by state.
Billing rate increases are always a tool for law firms to increase profits, assuming clients are willing participants in this strategy.
These data provided indicate a higher volume lower billing rate structure.
Shouldn't firms simply try to achieve the highest possible billing rate in a given situation?
The average billing rate survey is informative and helpful for accounting professionals.
What will you do with billing rates for 2009?
Often, the first metric considered is price - related, such as partner billing rates paid to each firm in the company's panel.
Overall billing rates rose 4 %, but firm leaders reported that, on average, their firms provided discounts on 21 - 30 % of all hourly rates.
Without any sort of formal introduction I quickly figured out how to set billing rates, add time entries, and create invoices.
Off - hour billing rates — clients can contact attorney at X rate from 7 - 7 but after hours is Y rate.
An explanation of the different types of medical billing rates.
As mentioned in my previous post, client profitability information has a number of strategic uses including being a resource for determining billing rates.
As I pointed out, that fee worked out to an effective billing rate of $ 113 / hour.
The client has proposed increasing the current volume of work sent to the firm by 25 % in exchange for blended billing rate of 225 per hour for all attorneys.
If the T - bill rate goes up, you get more interest on your bonds.
, the attorney's new billing rate is $ 360.
It's important that a firm be open to the smaller types of clients and matters that an associate can generate at the outset, and allow flexible billing rates for these clients.
Be sure that you consider varied billing rates per staff.
The best time tracking software also incorporates billing programs that automatically track time using the law firm's default billing rates.
Table 3 indicates the impact on average billing rates when merging the two groups.
But from my perspective, I don't care what billing rates are.
Billing system pulls out transactions categorized as subscriptions to apply differential billing rates.
Current legal trends reveal that sophisticated in - house counsel increasingly choose small high - quality law firms over bigger firms with excessive overhead and inflated billing rates.
Track your client's retainer balance at a glance and create separate client matters with their own billing rates.
A rare few obtain median billing rates for their markets and practice areas and compare their own rates to these standards.
Include unlimited billing rates, mix hourly and fat rates for every user.
* The average billing rate also increases with a lawyer's number of years in practice, with lawyers in or near major metropolitan areas commanding much higher fees than the averages.
The survey included questions about billing rates, billing practices and more.
Rates shown assume automatic payments; direct bill rates are higher.
* Rates shown assume automatic monthly payments; monthly paper billing rates are higher.
This creates a significant challenge when clients no longer will pay existing billing rates and law firms will have to cut more expenses.
Most attorneys today are trying to find ways to practice profitability in a tight billing rate environment.
Nearly nine out of 10 law firms are habitually offering discounts on their headline billing rates according to new research, which casts doubt on the value for money offered by commercial law firms.
Could it better examine billing rates and trends and success rates of lawyers?
For consumers, moving away from the «job shop» business model with hourly billing rates towards the «value - chain» business model with fixed fees for discrete legal services.
And, isn't it only an issue for the lower billing rate section?
We are heavily involved in alternative fee matters, fee estimates, billing rate decisions and so forth.
The value of the work you do generally increases as you can experience, but you can not increase your hourly billing rate enough to make up for that increase in value.
For our clients on the defense side, we have been a leader in alternative billing arrangements and always maintain fair billing rates and invoices.
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