Sentences with phrase «time on billable work»

With InvoicePrep on your team, billing partners spend less time on pre-billing and more time on billable work — up to 75 % more!

Not exact matches

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

This not only helps your clients find a payment structure that works for them, but also ensures that you are able to collect on your billable time.

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).

According to Working Mother, «This firm eliminated billable - hours requirements for partners in 2015 and began basing compensation for mid - to senior - level associates on revenues, not in - office time.

Manage Your Time — This is a highly effective way to ensure you are working on the right things, eliminating waste from your schedule and maximizing your billable hours.

Salaries and bonuses frequently are based on meeting and beating billable hour quotas; therefore, attorneys and paralegals have little incentive to invest valuable time in nonbillable work.

Capture Every Billable Hour — Before you begin working on managing your time more efficiently and increasing your billable hours, you should first focus on collecting, documenting and invoicing the hours you're already exBillable Hour — Before you begin working on managing your time more efficiently and increasing your billable hours, you should first focus on collecting, documenting and invoicing the hours you're already exbillable hours, you should first focus on collecting, documenting and invoicing the hours you're already expending.

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.

Despite discussions about alternative fee arrangements and the changing times for the business of law, many clients and law firms still deal with compensation for legal work based on the billable hour.

Non-partners will often focus their energies on their client work and billable targets without volunteering much, if any, of their time to the development of the business.

Accurate time tracking of billable hours and time spent working on legal tasks will help you set firm and realistic billable goals.

3) Create and send invoices When you're accurately tracking time, expenses and billable work on the go, there's no reason you should have to return to the office to manage your invoicing.

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.

With Chicago firms expecting something like 40 billable hours a week from young lawyers — that's billable hours, when you're working on a matter for which the firm is retained — there's precious little time for those things that not only make for a worthwhile life that also sustain a healthy, knowledgeable, grounded profession.

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.

We can propose improvements to free partner non-billable time for billable work, enable junior lawyers to take on more senior work (greater leverage), improve lawyer efficiency to reduce soft write - offs and hard write - downs and improve efficiency of fixed - fee matters.

Revenues for a lawyer are the lawyer's proportion of each matter's collections, based on the lawyer's relative work on the matter at standard rates (hours times billable rate for the matter).

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.

Whether or not you choose to work on a billable hour or a flat - fee agreement, you'll need to consider the amount of time involved in performing these tasks.

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.

Not only does it take the burden off of the attorney to be bogged down in time timely administrative work, but it also allows lawyers to focus on billable work.

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.

We eliminate the need to bid for work, allowing you to concentrate on utilising your billable time.

Run reports on billable and nonbillable per client so you know how much time you really expend on preparation, administration and uncompensated work.

For another, showing a large proportion of unbilled time on one's time sheets often is taken as evidence, fairly or not, that one is either is not in demand as a participant in or is not aggressive enough in seeking out billable work.

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.

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.

For this reason we must take the time to ensure we are properly detailing the work being done on the client's behalf even though this practice may sometimes feel like it should be a billable exercise in itself.

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.

It's very difficult to do in the legal world unless you work for yourself — with the focus on billable hours, not too many law firms are willing to let someone go part time and bill half the hours!

Many firms make the mistake of thinking that just throwing money at it can replace taking some «billable» time of your own, and working on your business development efforts.

Positive experience uses Loading pdfs into PDFReader and being able to bookmark portions as well as see the item with all the coloured red and blue pen annotations Using Memeo Connect Reader to sync with Google docs including converted PowerPoint presentations (as a portable training tool, it is awesome) Looking at social media on a separate device — I can now perform a task that used to eat up daylight, otherwise billable at the office time while the commercials are on TV — yes I could have scanned my work related RSS feeds from my comfy home office, but trust me, this is better I took the best notes of my life at the recent CALL / ACBD / MichALL conference and they were easy to edit and transfer since they started out as digital form

Ted Tjaden has commented publicly at times that it's so difficult to get lawyers to assign billable file numbers to work on Westlaw or Lexis - Nexis — and that even when billed three out of four clients — that we may end up simply regarding online charges as a business expenditure of the firm like buying books.

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?»

• Demonstrated ability to prepare and revise legal correspondence and memos • Focused on handling highly confidential information with discretion and integrity • Committed to organizing and prioritizing cases according to their nature of urgency • Adept at handling research work using legal references and Internet resources • Particularly effective in maintaining attorneys» schedules and handling appointments • Familiar with court rules and filing procedures and making service on opposing parties • Proficient in using online services such as Westlaw and Lexis for legal research information • Documented success in generating revenue by documenting and inputting attorney's billable time and reimbursable expenses • Strong organizational skills aimed at ensuring that clerical and administrative support is constantly available to attorneys • Qualified to dig out precedence information and assist in building up cases • Expert user of Power Point, Word and Excel to assist in creating presentations, handling correspondence needs and developing spreadsheets • Exceptional knowledge of using email applications to correspond with clients and ability to type 90 words per minute