What Are Billable Hours? A Guide for Lawyers
Rocket Matter
OCTOBER 3, 2023
Why the billable hour matters Reports state that many attorneys bill between 1,700 and 2,300 hours per year , so not tracking all your time accurately can lead to tens of thousands in lost revenue. Second, law firms track the billable hours of each attorney. Six minutes also works out nicely because it amounts to 1/10th of an hour.
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