Lawyers, along with other legal professionals, spend a lot of time on multiple tasks, each task usually relating to one client. Ranging from law to advertising, several sectors of work use this form of charging a client. Many industries bill their clients based on time, usually based on how many hours they worked. Industries that Typically Bill by the Hour
The bottom line is that the work must pertain to a client and the project for which they are paying. Communicating (mostly with the clients through email or phone).Other examples across the different industries include: For example, any time a lawyer spends reading documents, constructing arguments, or investigating a case that pertains to a client project, these hours are considered billable. For the most part, any time dedicated to a client’s project is deemed to be billable. What Can Be Considered Billable Work?Īgain, what is considered as billable time varies between industries. Work of higher quality or precision, and done by prestigious or well-established businesses, tend to be more expensive. The overall rate fluctuates from industry to industry. Before a business, agency, or freelancer starts working with a client, they must first come to an agreement on the rate charged per hour. The rate at which a client gets charged varies too. Billing based on time is more efficient for lawyers, and therefore, most lawyers in the industry practice this method of charging clients. Rarely-if ever-do you find a lawyer who charges clients based on how many documents they inspect or how many words they write. For example, lawyers typically earn their money from billable hours. Some industries maintain a general standard of billing clients by the hour. A billable hour is any time spent working on assignments or tasks that relate to clients’ requests.Īctivities considered billable depend on the industry. In many businesses and agencies, billable hours are how workers earn their money. Simply put, the term “billable” means something that can be billed or charged. With Hiveage you can send elegant invoices to your customers, accept online payments, and manage your team - all in one place.
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