Sentences with phrase «spent on billable work»

Not exact matches

Reduce time spent on pre-screening activities while achieving better results, freeing up your staff for more billable work.
Just a few of their efforts and costs are: having attorneys and legal staff spend billable time on the non-billable hiring process; your salary and benefits; payment to a legal recruiter (if you're using a headhunter); and the costs of training you (again, this takes considerable time away from your bosses» billable work).
If you're finding that you're spending more time on administrative tasks than on billable work (as, according to the 2017 Legal Trends Report, many lawyers are), it may be time to hire a paralegal or legal assistant, or to use technology to make some of your administrative tasks more efficient.
Accurate time tracking of billable hours and time spent working on legal tasks will help you set firm and realistic billable goals.
In fact, some partners may actively discourage associates from spending time on business development activities, if that takes any time away from doing billable legal work.
Friction also develops if the management and administrative duties are not shared evenly, because time spent on such duties takes away from time available for billable work or business generation.
How much of that time could you realistically spend doing billable legal work, on average?
Many lawyers spend their billable time on mind - numbing busywork, only some of which is actually necessary»; and the ACC are fully backing corporate counsels» right to contest the work of their outside counsel.
A key finding of that was that the average lawyer was spending only two hours of an eight - hour day on billable work.
The emphasis which the billable hours system places on the quantity of time which lawyers must spend working has been attributed as one of the leading causes of stress, anxiety and depression amongst lawyers.
Reducing the amount of time spent on legal research and converting that time to higher - value billable work creates the opportunity for a net increase in revenue.
This solution is addressing some serious pain points for medium size firms such as a high amount of time spent on non-billable work and difficulties in maintaining a client base that can support their billable targets.
During the years preceding retirement, a retiring partner may wish to gradually reduce the number of billable hours that he or she spends on client work.
With InvoicePrep on your team, billing partners spend less time on pre-billing and more time on billable work — up to 75 % more!
With this mentality, since all time is potentially billable, and maximizing income requires working as much time as possible, time spent on non-compensable work is disfavored, and any time spent not working is deemed trivial and a sign of laziness or lack of commitment.
If you're working with an internal legal team, you'll see an increase in their output — because they'll be spending less time on time - consuming tasks involved in the contracts process; and, if you're working with an external legal team, you'll see savings reflected in the number of billable hours they spend on your work.
To accommodate time - sensitive work going on in their departments, they spend their presumed job search time consumed by billable hours.
But even reducing the number of billable hours spent on low - value work can prove profitable.
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