Billable Hour
A unit of time a legal professional spends working on a client’s matter that is charged to the client.
What is Billable Hour?
A billable hour is a unit of time a lawyer records for work performed on a client’s matter, which is chargeable to the client. It tracks legal services for billing, accounting, and productivity purposes.
Why It Matters?
It ensures accurate client billing, measures attorney efficiency, and supports law firm revenue management.
Example
An attorney spends three hours drafting a contract and records three billable hours to invoice the client for legal services.
Related Terms
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Litigation