Sentences with phrase «recording billable»

Ever since the introduction of time - based billing, Oldlaw firms of all shapes and sizes have been drilling into their «fee earners» (an awful expression, only exceeded by the derogatory term «non-fee earners») the importance of accurately recording all billable time because that is what is primarily measured and rewarded.

From recording billable hours to explaining fees to clients and reviewing the bill all over again, billing is rarely fun and provides little creative outlet.

Even if a law school has a clinical program to acquaint students with the procedures of the real legal system, there will almost certainly be no instruction in how to dictate a letter, how to delegate work to secretaries or paralegals, how to maintain a file, how to record billable time, or any of the other practical office skills which go into practicing law.

Given the pressure lawyers feel to record billable hours, it may seem almost impossible -LSB-...]

And with so much emphasis placed on «recorded billable hours,» firms fail to look at the bigger picture.

The time recording feature makes it easy for the firm to accurately track and record billable time, even when managing such a large caseload.

We record our billable time by one - tenths of an hour, i.e., six minute increments.

Record billable and non-billable time, separately track internal non client time, and track staff, contractors and consultants for precision accuracy.

Not exact matches

• Billable receipt with IDC - 9 Codes for PCOS and related conditions (MS Word) • PCOS nutrition assessment form (MS Word) • PCOS progress note (MS Word) • PCOS food exchange sheet (MS Word) • Food record with hunger / satiety scale • Mindful eating exercise • Understanding PCOS • About metformin • How food affects insulin levels • Lab tests used to diagnose & monitor PCOS • Sample meal plans for 4 different caloric ranges • Resources for PCOS clients • Shopping for whole grains • Myo - inositol • Vitamin D • N - Acetyl Cysteine • Omega - 3 fatty acids

Instead, she documented copious billable hours watching television, waiting in hospitals for medical records, and surfing the internet for information on strangulation.

Zapier will then update the contact record with details from the call (how they found your number, the billable time from that call, etc).

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.

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 %.

Firms that penalize attorneys for not recording an adequate number of billable hours because they are shaking the bushes for business may be doing their firms a disservice over the long run.

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.

Obama's billing records, which he disclosed, confirm that Obama's involvement amounted to five to seven billable hours of work for a nonprofit corporation involved in a partnership with Rezko.

This helps ensure that every attorney in the law firm is using their time wisely, all while billable hours are recorded accurately.

«Plainly, the imposition of budget discipline on law firm matters forces firms to a very different pricing model than the traditional approach of simply recording time and passing the associated «costs» through to the client on a billable - hour basis [italics supplied by me].»

If, for example, unethical recording of billable hours is an issue in large law firm practice, the circumstances of practice in a law firm, and the regulation of law firms (by clients or by regulators) need to be designed to discourage unethical billing.

But the billable hour is institutionalised in the US, albeit at a lower rate with more diligent time recording.

The best way not to lose billable hours, he says, is to keep time in real time — to keep an accurate record of what you are doing as you are doing it.

Is billable time recorded by client, industry, practice area or matter type?

«As one who has been bemoaning the billable hour for most of my 30 years of recording them, I still see all the reasons why it does not seem to make sense, but am now resigned to the fact that the tide will not turn until long after I have turned in my last timesheet.»

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

Let's piece together some insights from the Hildebrant Baker Robins / Citi Private Bank 2011 Client Advisory: «The growth in demand («total billable hours recorded by firms included in a particular database.

Another consideration: attorneys may not be sufficiently recording and capturing their billable time.

Howell gives a good overview of life at today's large firms, with billable hour expectations ranging from 1,900 to 2,500 per year, in exchange for record - high associate salaries and bonuses.

Manipulates the system by recording substantial fee - producing or billable hours, and then writes off many of these hours prior to billing the client.

Beyond the bill, time recording and billable units offer a way of measuring productivity, so it's entirely possible that firms will continue the practice for some time, even if the billing practices change.

The associate should account for the next 14 workdays by estimating availability, and the number of billable hours to be recorded, for the following two week intervals.

While I wrote about the death of the billable hour but not the end of recording hours, it struck me as ironic that I was abandoning the task list approach that underpins time recording.

Talking openly and on the record about eliminating billable hours in a law firm has traditionally been regarded either as heresy or a sign of mental instability.

With these little items present, it is possible to create a Timeslips billable slip record from a Time Matters transaction record.

It also speeds document creation and tracking, monitors the results of your marketing, records and tracks your calls, generates more referrals, includes team calendars, and tracks billable hours.

Plainly, the imposition of budget discipline on law firm matters forces firms to a very different pricing model than the traditional approach of simply recording time and passing the associated «costs» through to the client on a billable - hour basis.

This encourages the firm's «best and brightest» partners to accept administrative assignments and not feel uncomfortable because they may record fewer billable hours.

With access to the law office accounting software virtually anywhere with an internet connection, all expenses can be easily recorded as billable as they happen.

Forgoing fancy dinners and large billable rates, and keeping fastidious records, are all part and parcel of doing legal work for the federal government.

It's not unreasonable to expect that you will record some additional billable time every day by keeping your time contemporaneously with iTimeKeep.

But if alternative billing is going to center on fixed or contingent fees, the recording of billable hours is going to become irrelevant for at least that portion of the work not billed by the hour.

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.

Efficient and effective training of new technologies and processes, including methods to improve associate recording of billable hours,

With enhancements like showing the total number of hours recorded in a day, users can better track and meet their billable hour goals.

You might be, oh I don't know... a lawyer recording five - minute segments of billable hours, for example.

Since the billable hour is dead, it will record the session for tracking against client records, enabling it to accurately forecast costs for the next fixed fee project.

Some firms have come up with all sorts of ingenious ways to increase the billable hours of their lawyers especially by spending huge dollars on technology & training so lawyers can better («more accurately») record their time wherever they might be and whatever the day or night of the week.

Records staff's billable hours and acts as the link between client and the audit staff, as well as between firm's audit partners and audit staff

The accounts payable clerk is responsible for maintaining records of all the billable transactions carried out by the employees within all the division in a company.

• Collected information from different departments in order to calculate billable amounts • Checked all acquired data to ensure accuracy of the final bill and ensured that it was timely inputted into the records system • Issued invoices, bills and statements and ensured they were delivered to patients on their given addresses • Sent reminder messages and emails to patients with outstanding bills and followed up on delinquencies • Updated patients» master files on a regular basis to ensure that all information remains current

Documents all billable and non-billable services in the electronic record within established timeframes.