Definition Of Billable Hours

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Billable Hour Legal Definition Merriam-Webster Law ...

    https://www.merriam-webster.com/legal/billable%20hour
    bill· able hour \ ˈbi-lə-bəl-\ Legal Definition of billable hour : an hour that a lawyer spends engaged in work that can be charged to a client at the hourly rate

What is billable hours? - Definition from WhatIs.com

    https://whatis.techtarget.com/definition/billable-hours
    Jul 31, 2018 · Billable hours are the amounts of an employee’s work time that can be charged to a client. Employers charge clients at sometimes varying rates for different employees. Billable hours are a common metric in IT consulting and legal firms, as well as others where it’s important to quantify how much time a company’s employees spend working for the company’s clients.Author: Ivy Wigmore

Billable Hour Definition Law Insider

    https://www.lawinsider.com/dictionary/billable-hour
    Billable Hour means an hour of time chargeable to Company and includes actual Talk Time, After Call Work Time, Team Meeting Time, periods of time while waiting for a call or while on hold, and break time not to exceed fifteen (15) minutes per four (4) hours shift.

Billable Hours Law and Legal Definition USLegal, Inc.

    https://definitions.uslegal.com/b/billable-hours/
    Billable hours refers to time worked on business matter that will be charged to a client adcording to a contractual rate. Billable hours in the context of legal representation is often charged in tenths of an hour. Tracking software for billable hours is widely available.

The Truth About the Billable Hour - Yale Law School

    https://law.yale.edu/sites/default/files/area/department/cdo/document/billable_hour.pdf
    billable hours), serving on a Bar committee, writing an article for the bar journal, or interviewing an applicant. When contemplating offers from firms, ask questions to learn more about their billable hour policies and practices. w:\brochures\private\billable hour (July 2018)

Billable hours: What they are and how to calculate them ...

    https://quickbooks.intuit.com/r/bookkeeping/billable-hours/
    Jun 23, 2020 · Billable versus non-billable hours. If a client is paying you per hour, any work you do on their behalf is considered billable. Any work you do for yourself, your business, or your team—unrelated to the client—is non-billable. Depending on your industry, here are a few tasks that may count as billable hours.3.3/5(3)

Billable Hours in Consulting - The Balance Careers

    https://www.thebalancecareers.com/billable-hours-in-consulting-1286918
    Jul 30, 2019 · Billable hours represent work hours that a staff member reports as being chargeable to a client. The concept is not unique to consulting, as a variety of professional services firms bill clients by the hour. For example, public accounting and legal services firms also traditionally bill by hours of staff time.Estimated Reading Time: 4 mins

Billable hours in Consulting: What you should know - Saviom

    https://www.saviom.com/blog/billable-hours-consulting/
    In this case, the client will pay the consultant for eight hours even if they have spent a total of ten working hours. Billable hours can be of any percentage value e.g. 80%, 90%, or even 100%. In 100% billable hours, the client pays a consultant for every hour they spend on the project. What is billable time? Billable time is an alternate term used to describe billable hours. It specifies the time spent to achieve the desired result.Estimated Reading Time: 9 mins

What you need to know about how to calculate billable hours

    https://www.elorus.com/blog/what-to-know-about-how-to-calculate-billable-hours/
    Feb 05, 2020 · So, what exactly are billable hours? Very simply, they are the total hours of work. When teams work on multiple tasks or professionals undertake many projects, the concept of billable time is valuable as it helps them keep their billable hours under control and manage the overall workload. The perks of tracking billable hours. Tracking your time gives you substantial information about how much you work.

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