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Billable Hours Are Not Just About One Number

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Manage episode 424195785 series 3290161
Content provided by Ann Pearson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ann Pearson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, Ann delves into the essential numbers that paralegals working in law firms with billable hour requirements must track. She breaks down the key metrics of utilization, realization, and productivity, offering valuable advice on how paralegals can improve these numbers and enhance their performance in a competitive legal environment.

To see the calculations that Ann goes through in this episode, you can see them here: https://paralegal-bootcamp.com/paralegal-billable-hours-numbers-to-know/

Key Takeaways:
  • Improving utilization, realization, and productivity requires accurate time tracking, effective communication with billing partners, and strategic delegation of tasks to optimize workflow.

  • Embracing billable hours as an integral aspect of the job role can lead to enhanced performance, increased job security, and career advancement opportunities for paralegals.

Did you know that Ann has a course to help take the stress out of meeting your billable hour requirement?

It's the Billable Hour Boot Camp and it's available here: https://paralegal-bootcamp.thinkific.com/courses/billable-hour-boot-camp-for-legal-professionals

She also teaches it as a live 5-part webinar series for law firms wanting to provide this training to their entire team. Learn more about the training here.

  continue reading

100 episodes

Artwork
iconShare
 
Manage episode 424195785 series 3290161
Content provided by Ann Pearson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ann Pearson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, Ann delves into the essential numbers that paralegals working in law firms with billable hour requirements must track. She breaks down the key metrics of utilization, realization, and productivity, offering valuable advice on how paralegals can improve these numbers and enhance their performance in a competitive legal environment.

To see the calculations that Ann goes through in this episode, you can see them here: https://paralegal-bootcamp.com/paralegal-billable-hours-numbers-to-know/

Key Takeaways:
  • Improving utilization, realization, and productivity requires accurate time tracking, effective communication with billing partners, and strategic delegation of tasks to optimize workflow.

  • Embracing billable hours as an integral aspect of the job role can lead to enhanced performance, increased job security, and career advancement opportunities for paralegals.

Did you know that Ann has a course to help take the stress out of meeting your billable hour requirement?

It's the Billable Hour Boot Camp and it's available here: https://paralegal-bootcamp.thinkific.com/courses/billable-hour-boot-camp-for-legal-professionals

She also teaches it as a live 5-part webinar series for law firms wanting to provide this training to their entire team. Learn more about the training here.

  continue reading

100 episodes

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