The bureaucracy involved in recording billable care will be formidable and costly.
The inaugural post called for law firms to forgo the traditional billable hour in lieu of a fee structure centered on client goals and expectations.
The number of minimum billable hours per associate is 1,800; the firm does not report whether pro bono work counts towards the total.
Because most project controllers are serving the internal project management team, they are typically considered non-billable to the client.
The second way to calculate utilization rate is to take the number of billable hours and divide by a fixed number of hours per week.
The organization ranked firms by billable hours, demographic diversity, and pro bono participation.
It is a comprehensive listing of items billable to a hospital patient or a patient's health insurance provider.
Momentem empowers users to flag calls as billable time and cost, and type notes about the call for follow-up or an audit trail.