Paralegal Billable Hours Template Most lawyers and paralegals bill by 1 10th of an hour or six minute increments Of course not all law firms use billable hours exclusively or at all If a firm prices their legal services using an alternative billing structure paralegal work time will be considered when setting those fees
Billable hours are those hours worked by a service provider such as an attorney or paralegal that is directly billable to a client Time spent conducting research preparing pleadings or speaking with opposing counsel about a case is billable time Paralegals work under the supervision of attorneys so paralegal billing should abide by the same accuracy clarity and professionalism standards It is also important for law firms to distinguish between billable and non billable paralegal work Paralegals wear many hats and play numerous critical roles at a law firm
Paralegal Billable Hours Template
Paralegal Billable Hours Template
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Paralegal Timesheet Template TUTORE ORG Master Of Documents
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Free Billable Hours Timesheet Template Of Paralegal Timesheet Template
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As a lawyer if you re billing at the average hourly rate of 313 every minute matters especially when you consider that lawyers don t even collect on 12 of the hours they bill to clients With all of these roadblocks to getting paid addressing inefficiencies at every stage is important The Master Time Entry List was created from a variety of sources over my 25 year career as an insurance defense paralegal during which time I consistently met and exceeded my billable hour requirements AND collection goals The Time Entry Billing Guide is only 35 it ll easily pay for itself in a single time entry PLUS you get 1 0 CLE info
Go to BillableHourBootcamp to learn more about the course Okay back to the tips with one more Remember 1 Change your mindset about your billable time entries 2 Get to know ALL of the ins and outs of your timekeeping software 3 Make sure that every one of your billable time entries answer the questions what and why The legal billing template above is actually very straightforward to use Here s how to use this template Step 1 Number your invoices Numbered invoices help you track how many invoices you sent out and which ones your clients have paid
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Free Paralegal Timesheet Templates Excel PDF Word
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Paralegal Timesheet Template TUTORE ORG Master Of Documents
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Paralegal Billable Hours Chart
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Allowing for vacations and holidays this breaks down to a minimum of 37 billable hours per week Thus assuming that a paralegal works a standard 40 hour week this leaves only three hours per week for non billable activities How many billable hours does a paralegal work 1 Weekly paralegal timesheet template A weekly timesheet tracks a paralegal s weekdays working hours This weekly timesheet template are helpful if your clients prefer the how him every week Download Links Google Sheet Excel PDF Word 2 Bi weekly paralegal timesheet template
In 1989 the Supreme Court ruling on Missouri v Jenkins established that law firms can bill clients for paralegal hours in accordance with the market rate not what the paralegal is actually paid by the firm Tracking billable hours for paralegals has become a standard part of law firm culture but it still leaves the law firm with the question of what to charge As a paralegal manager I would look at productivity numbers if utilization was log or overtime was high Here s why Paralegal A and Paralegal B both have a 1 500 billable hour quota to meet Paralegal A working at 90 productivity will meet that 1 500 billable hour quota in 1 665 work hours Paralegal B working at 75 productivity will
Paralegal Timesheet Template
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Paralegal Billable Hours Template Card Template
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Paralegal Billable Hours Template - Download the Billable Hours Template Open the template in Excel Rename and save the file Setting up the Billable Hours Template in Excel Add the name of your organization at the top Update the relevant contact information Enter the dates for which you will be billing Using the Billable Hours Template in Excel