The company has also experimented with positron emission tomography, or PET, machines, yet another billable service.
The firm operated on a billable hours system, a sure-fire way to kill the creative process.
Putting a few marriages together per year would sure beat sweating out 1, 500 billable hours.
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Deloitte has also stepped up its game, requiring 80% of work hours to be billable to clients.
It would be unseemly for law firms to collude on their billable rates in an antitrust case.
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It seems clean up contractors prefer piling up billable hours rather than actually cleaning up the oil.
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The letter stated that bonuses would be paid for two things: increasing billable hours and increasing billing rates.
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Of course, the first impulse is to avoid calling up an attorney and burning up some billable hours.
That way they can pick up billable hours reviewing filings when there are no deals to be done.
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She said a cookie would retain that information and try to verify it if a billable action was invoked.
We need to leave the billable hour model behind and start value billing.
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The first looks at output (number of widgets, billable hours, service calls, whatever) per dollar spent to generate it.
Some accounting, consulting and law firms are also scrapping the billable hour, often at the request of their clients.
The respondents attributed the loss to a variety of reasons including lower billable hours and not generating enough new clients.
This is so even if you bill by the hour and donate many hours of otherwise billable time to charity.
The shift away from the billable hour, however, may take a while.
They found that sick leave was reduced by 39%, typing speed and accuracy improved by 9% and the lawyers' billable hours increased by 7%.
Given Beijing's vast resources, cost is a negligible issue, even though the billable hours can rack up as trade disputes drag on for years.
When the professional team coordinates, there will likely be less total billable hours, plus coordinated efforts mean fewer mistakes to clean up after the fact.
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And this loss of billable time directly affects my cash flow.
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Now kick that billable hour requirement out the window for a spell and come on out to Texas to start creating a business that you control.
Working 2400-2600 billable hours a year out of them before shuffling them off to kinder, gentler employers when they go lame, making less money but enjoying life more?
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The myriad challenges of running a business can overwhelm and detract from the amount of time that an independent worker can spend focusing on actual client deliverables and billable work.
Maybe the extra cost for that additional IT person will result in 10 more billable hours a month for that attorney or five more orders placed this week from that salesperson.
Borrowing from the law-firm economics of billable hours, he has ordered plants to make sure that at least 85% of the labor hours in the payroll are charged to a specific job.
The result is the stuff of dreams not only for aggressive plaintiff lawyers, but for the large established firms as well, most of which are already logging many billable hours creating defences.
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