Stoy Hall, CFP, at Black Mammoth, explains how he helps clients reduce divorce attorney costs by leading financial discovery, clarifying fee structures upfront, and delivering an organized financial ...

Today, at many smaller firms, client service partners generate, on average, about 1,500 to 1,600 billable hours per annum. At most of the Top 100 CPA firms, client service partners generate about ...

A new approach to how law firm partners evaluate associate performances may change the way attorneys pile up billable hours. On Nov. 18, the national firm Jackson Lewis – which has 33 attorneys in its ...

For decades, the billable hour has been the default currency of the service world: I spent X hours, therefore you owe me Y ...

Generative AI is transforming the legal industry, but attorneys say the billable hour is here to stay. Instead, they said the value of a lawyer's hour is likely to increase as AI tools help automate ...

(Billable Hours is Reuters' weekly report on lawyers and money. Please send tips or suggestions to ...

Comprehensive Web app Harvest lets teams track billable hours and produce estimates and invoices. When you’re billing clients by time, accurate tracking is a must. Harvest is a Web app that aims to ...

The billable hour has long been the gold standard in the accounting profession. But in 2015, with technology and younger professionals’ results-driven outlook influencing the profession at a rapid ...

PITTSBURGH | While talk of the death of the billable hour at law firms may be premature, it's losing its luster as a mainstay of law firms' pay structure. Reflecting the change, New York-based Jackson ...

“I could have sworn I had them on my desk in front of me two minutes ago, but I just can’t seem to find them…” No, I’m not talking about your keys, business cards or antacids; I’m talking about your ...

As expected, several large law firms have fallen in line with the associate bonus scale set by Cravath, Swaine & Moore this week. But some associates need to work harder to earn their reward than ...

A growing number of industry pricing experts are urging CPA firms to jettison the venerable billable hour and replace it with a fixed-pricing model, or even the more optimal model of “value pricing.” ...