billable hours

Lawyer's tracked labor

Billable hours are the time a professional—typically a lawyer, consultant, or accountant—spends working on a client's matter that can be charged to that client.

The term reflects a common fee structure where clients pay by the hour rather than a flat rate.

Professionals track billable hours meticulously, as they directly determine revenue.

She logged fifty billable hours on the case last week.

The pressure to meet billable hour targets is a notorious source of stress in law firms.

Related

paralegal · client · client meeting · fee · rate · clock · tracking · partner · partner track · associate · firm · litigation · consultation · overtime · deadline · work-life balance · accounting · statement

Categories
Opposites
compensation status

billable hourspro bono work

Free professional services

unpaid work · volunteer hours · charity work · charitable work · free consultation

productivity accounting

billable hoursbusiness development

Pursuing company expansion opportunities

write-offs · overhead · professional development · training hours · downtime

compensation model

billable hoursflat fee

Unchanging service charge

fixed fee · contingency fee · fixed price · retainer · lump sum

Family

bill, billed, billing, bills, billable, hour, hours, hourly

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Negative · Rated G