Meeting productivity metrics within a law firm is vital. Employees must meet their productivity metrics for a law firm to meet its obligations. Law firms have vast obligations from payroll, rent, insurance, utilities, supplies, taxes, and other expenses. Law firms that bill hourly likely have billable hours and accounts receivable requirements. Similarly, law firms that…
Tag: billable hours
What’s the fascination with flat fees?
Many clients complain about the fact that most lawyers bill by the hour. They often do not like billable hours because they result in the cost of their case being variable. In other areas of life, most clients are used to knowing what something is going to cost on the front-end. For example, if they…
Follow the hours and productivity
If you have a law firm, the reality is you probably have a billable hour requirement of some kind or some metrics that you require employees to meet. This is true no matter the size of the law firm. Otherwise, there is no way to budget for the law firm. There is no way to…