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https://whatis.techtarget.com/definition/billable-hours#:~:text=Billable%20hours%20are%20the%20amounts%20of%20an%20employee%E2%80%99s,clients%20at%20sometimes%20varying%20rates%20for%20different%20employees.
https://whatis.techtarget.com/definition/billable-hours
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.
https://quickbooks.intuit.com/r/bookkeeping/billable-hours/
Billable hours are any hours worked that must be compensated. If you spend four hours balancing a client’s books, and you’re paid by the hour, you have four billable hours. However, you have to have a record of your time worked to bill that time to the client.
https://www.merriam-webster.com/legal/billable%20hour
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.
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)
https://www.thebalancecareers.com/billable-hours-in-consulting-1286918
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.
http://www.paralegalalliance.com/billable-hours-guide/
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. In contrast, time spent making copies, talking to potential clients, or preparing invoices is non-billable time.
https://support.abacusnext.com/hc/en-us/articles/4408787918228-What-is-meant-by-billable-hours-and-actual-hours-at-the-bottom-of-the-Time-page-
What is meant by billable hours and actual hours at the bottom of the Time page? Actual hours do not show work rounded up (this is set under “My Settings in the “Billing Options” section) and reflect the exact number of minutes worked. The billable hours contain the rounded up numbers that were billed to the client.
https://www.clicktime.com/blog/billable-vs-non-billable-hours-how-to-get-paid-for-both/
Billable hours are the hours of work you can bill directly to a specific client. Working on a client’s projects, communicating with them, and revising your work for them could all be considered billable activities.
https://www.accuratelegalbilling.com/blog/billable-vs-nonbillable-hours-here-is-everything-you-need-to-know
billable vs non-billable hours: here is everything you need to know By ALB In Legal On 03 Sep 2019 Unfortunately for law firms around the world, law schools do not spend as many hours as they should teaching attorneys about which activities or expenses are actually billable for, and which are not.
https://www.reddit.com/r/LawSchool/comments/na543g/exactly_what_does_1500_billable_hours_mean/
It just means that 1500 hours/year need to be billable to a client (and not going to Overhead, training, or some other internal category that means not generating profit). Basically, 1500 billable per year comes out to 30 hours/week billable to a client with …
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