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What Are Billable Hours? A Guide for Lawyers

Rocket Matter

It’s any activity that’s part of what an attorney, or a paralegal, needs to do to complete the work you have been contracted to perform for a client. in 2022), it’s the right time to look at your current rates and see if you’re charging enough to remain profitable.

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Never Lose Billable Time Again with Automatic Time Tracking Applications

Rocket Matter

We’re talking about the unintentional ways that law firms decrease their profits via lost billable time. There’s always an urgent matter, big meeting, or court date to prepare for. Why do lawyers lose billable time ALL the time? Lawyers have a lot going on in the day.

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Six Tips for Keeping Your Solo Legal Practice Organized

Rocket Matter

Free Guide The Paperless Law Office: A 12-Month Plan for Going Paperless This free guide will provide you with an actionable plan for going paperless, with monthly tasks that include: 1. Not only does it make you look unprofessional before the court and your client, but it also creates potential malpractice exposure.

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3 Ways to Set Your Billable Rates with Time and Expense Tracking Software

Rocket Matter

It’s also critical to understand how much time it takes for paralegals and administrative staff to complete their casework. Build accurate billable rates for administrative work Automated time tracking isn’t just for your partners and associates.

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Not the Witching Hour, the Billable Hour: Unraveling the Mysteries of Law Firm Billing

Rocket Matter

Billable hours are the basis of most legal fee calculations, and putting in enough billable hours is essential to the profitability of law firms—that’s why they generally seek to maximize the number of billable hours that associates and partners put in. Some firms have a billable rate for key support staff, such as paralegals.